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Early warning system to be set up
The Industry and Trade Ministry’s Competition Administration Department is going to set up a system for early warning anti-dumping cases against Vietnamese exports.

The Industry and Trade Ministry’s Competition Administration Department is going to set up a system for early warning anti-dumping cases against Vietnamese exports.

The early warning system aims to help businesses take the initiative in preventing possible cases and minimize losses.

This system will create supervision and warning mechanisms in Vietnam’s important markets in order to monitor markets, supervise and forecast changes in laws and institutions of those markets, and forecast risks to face local exports.

It will also give analyses and assessments and propose measures to early prevent and deal with anti-dumping cases against exports.

Vietnamese exporters faced 29 foreign cases on anti-dumping, anti-subsidy and safeguarding against their exports and the number of such cases tends to increase year after year, adversely affecting foreign investment in Vietnam, according to the Competition Administration Department.-

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