Vietnam Imposes AD Duties on Packaging Material Made of BOPP Film From China, Malaysia, Thailand
Vietnam recently imposed antidumping duties on “biaxially oriented polypropylene film products” originating in China, Malaysia and Thailand, the Hong Kong Trade Development Council said July 27. The film, typically used in “packaging materials,” will be subject to a duty rate…
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of 9.05% to 23.71% for five years. The products are classified under two Harmonized System subheadings -- 3920.20.10 and 3920.20.91. The decision came after Vietnam determined that the “sales volume, profit margins, market share and production capacity” of its domestic film producers had “declined significantly over recent years” due to cheaper imports from the three countries. Vietnam is, however, offering duty exemptions for imports of the film because some of its producers “lack the capacity” to manufacture it.