Thursday, 05/06/2008 15:58

US delays verdict on Vietnam’s innerspring dumping

The US Department of Commerce (DOC) postponed issuing a preliminary determination on alleged dumping by Vietnamese exporters of uncovered innerspring units until late July, a Vietnamese official said Wednesday.

The DOC had planned to announce its preliminary determination on June 9, but now will delay the verdict for 50 days, according to the official from the Ministry of Industry and Trade.

The official said the DOC wants to have more time to review documents and evidence to judge whether businesses from Vietnam, China and South Africa sell their products at less than fair value according to allegations by US manufacturers.

The delay followed the request lodged by Leggett & Platt, Inc. – the petitioner for these investigations in late 2007.

In 2006, innerspring imports from Vietnam were valued at an estimated US$1.6 million, compared to $16.6 million from China and $7.1 million from South Africa, according to the DOC.

Thanhnien

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