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Vietnam Targets Fiberboard from Thailand and China: Anti-Dumping Duties

2025-09-22 09:1720Chú Tàivietnam-briefing

Following a preliminary investigation, the MoIT identified the dumping practices of Thailand’s and China’s fiberboard exporters as significant threats to Vietnam’s domestic manufacturing sector. The volume of investigated imports also increased quickly, rising 52 percent year-on-year after the MoIT announced the investigation in October 2024.

Based on the findings, the MoIT issued Decision No. 2491/QD-BCT (“Decision 2491”), dated September 5, 2025, applying provisional anti-dumping duties on certain fiberboard products originating from Thailand and China.

Under the provisions of Vietnam’s Law on Foreign Trade Management, the MoIT will continue working with all relevant entities to gather more information before making its final decision.

That said, the latest announcement still puts manufacturers and importers at risk of rising costs and potential supply chain disruptions. Fiberboard is a critical raw material in Vietnam’s fast-growing furniture and construction sectors, both of which support the country’s strong export performance. Any disruption in its supply chain could have wide-reaching effects for manufacturers and global buyers alike.

To assist businesses with their upcoming decision-making process, this article explains the scope of the recently imposed provisional anti-dumping duties on fiberboard imports from Thailand and China, assesses their impact on exporters, importers, and downstream industries, and outlines practical strategies for companies to mitigate risks and adapt.

Scope of the provisional anti-dumping duties

Subject products

The MoIT has imposed provisional anti-dumping duties on certain wood fiberboard products originating from Thailand and China. The scope of affected goods is defined as follows:

Excluded products

Fiberboard products with surface finishes that differ from the board’s core material are excluded from the provisional duties. These include boards finished with:

The provisional anti-dumping duty rates

No.

Exporting producer/organization

Related trading company

Provisional anti-dumping duty rate

China

1

Shandong Ruishida Wood Industry Co., Ltd

  • Guangdong Longtime International Trade Co., Ltd;
  • Shandong Consolidate Strength International Trade Co., Ltd; and
  • Zhejiang Norsplendor International Trade Co., Ltd

2.59%

2

Other producers/exporters of goods originating from China

39.88%

Thailand

1

S. Kijchai Enterprise Public Company Limited

 

20.20%

2

Panel Plus MDF Co., Ltd

  • Panel Plus Co., Ltd; and
  • Panel Plus Vietnam Co., Ltd

18.20%

3

Metro M.D.F. Co., Ltd

 

9.67%

Advance Fiber Co., Ltd

4

Vanachai Panel Industries Company Limited

 

8.30%

Vanachai Group Public Company Limited

5

Other producers/exporters of goods originating from Thailand

20.20%

Source: Decision No. 2491/QD-BCT

Applicable timeframe

As per Decision 2491, the measures took effect 15 days following its official announcement and will remain in place for a provisional period of up to 120 days, pending the outcome of the final investigation.

Procedures for applying provisional anti-dumping duties

To determine whether imported goods fall within the scope of provisional anti-dumping duties, customs authorities will review the certificate of origin (C/O) or equivalent proof of origin. Acceptable documentation includes:

The Department of Vietnam Customs oversees the verification process as follows:

Step 1 – Check C/O

Step 2 – Check manufacturer’s original quality certificate

Step 3 – Check exporter identity

Implications for businesses: How to respond?

Exporters from Thailand and China

For exporters, the duties immediately reduce their price competitiveness in the Vietnamese market. Margins may be squeezed as companies decide whether to absorb the additional cost or pass it on to buyers.

Additionally, the exporters that fail to cooperate in the investigation face the highest duty bands, increasing the risk of contract losses to other regional suppliers. To limit exposure, exporters may need to provide transparent cost and pricing data to argue for lower margins in the final determination.

Strategic responses:

Vietnamese importers and distributors

Importers and distributors face rising procurement costs and potential supply shortages if exporters cut shipments. Contract renegotiations will likely be required, while compliance burdens increase due to stricter customs checks on HS codes and origin documentation. For some importers, the ability to pass on these costs to downstream buyers will determine whether they can remain viable in a more expensive trading environment.

Strategic responses:

Downstream industries: Furniture and construction

Higher input costs could undermine Vietnam’s global reputation as a leading exporter of wooden furniture. Firms operating in the US and EU markets may face slimmer margins as they absorb these increases, while smaller and medium-sized enterprises (SMEs) in interior design and furniture are particularly exposed to price volatility.

On the other hand, the duties could accelerate investments in local fiberboard production, reducing reliance on imports over the long term.

Strategic responses:

Wider supply chain impact

The provisional duties are expected to reshape supply chains both within and beyond Vietnam. Domestically, fiberboard producers may gain from stronger demand and new investment, reinforcing their position in the national supply chain. At the same time, higher input costs could weaken Vietnam’s competitiveness as a global furniture hub, particularly in price-sensitive export markets.

Regionally, trade diversion is likely, with buyers turning to alternative suppliers in Malaysia or Indonesia, while Thai and Chinese exporters may redirect shipments to other Asian destinations. Customs procedures may also cause temporary clearance delays, adding short-term cost pressure. Although retaliatory measures from Thailand or China cannot be entirely ruled out, such responses appear unlikely at this stage.

Outlook and recommendations

In the short term, businesses should prepare for heightened supply chain volatility and cost pressures until the final determination is issued. In the medium term, the measures could accelerate Vietnam’s efforts to expand local production capacity and reduce reliance on imports.

Businesses are recommended to:

(With inputs from Vu Nguyen Hanh)

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