India initiates anti-dumping, countervailing duty probe into solar glass imported from Vietnam
India’s Directorate General of Trade Remedies (DGTR) has initiated an anti-dumping and countervailing duty probe into imports of textured, tempered, coated and uncoated glass made in or from Vietnam.
The investigation was launched after an application filed by Borosil Renewables Limited on behalf of the domestic industry, DGTR said on its website.
A solar panel installation underway in Vietnam. Photo courtesy of Vietnam News Agency.
The product is known by various names including solar glass, low iron solar glass, solar photovoltaic glass and high transmission photovoltaic glass. It is used as a component in solar modules and solar thermal applications.
A similar product from China is also subject to the ongoing anti-dumping investigation.
According to the applicant, the volume of the subject imports from Vietnam has increased in both absolute as well as in relative terms, resulting in a decline in capacity utilization of the domestic industry.
The authority has fixed the period of investigation (POI) from January 1, 2023 to December 31, 2023 (12 months). The injury information has been provided for the POI and three preceding years.
"On the basis of the duly substantiated application by the domestic industry, and having satisfied itself, on the basis of prima facie evidence submitted by the applicant substantiating the dumping and consequent injury to the domestic industry, the authority hereby initiates an anti-dumping investigation into the alleged dumping," the notification said.
Known producers/exporters in Vietnam and the Vietnam government as well as importers and users in India associated with the subject goods have to file all relevant information within 30 days of the notification.
If it is established that the dumping has caused material injury to domestic players, DGTR would recommend the imposition of anti-dumping duty on the imports. India’s Ministry of Finance will take the final decision to impose duties.
With a strong influx of foreign investment, Vietnam has become a major solar panel producer. This is not the first time solar panels in Vietnam are facing an anti-dumping and countervailing investigation. The U.S. Department of Commerce had launched a similar investigation late March 2022 on solar modules imported from Vietnam, Thailand, Malaysia and Cambodia.
- Read More
Petrovietnam chairman Le Manh Hung appointed acting Industry and Trade Minister
Prime Minister Pham Minh Chinh has appointed Le Manh Hung, chairman of the council of members at state-owned Petrovietnam (PVN), as acting Minister of Industry and Trade.
Economy - Mon, December 22, 2025 | 9:55 pm GMT+7
Vietnam's top non-life insurer PVI surpasses $1 bln in revenue
PVI Insurance, a leading non-life insurer in Vietnam, has surpassed $1 billion in revenue, becoming the first non-life insurance company in the country to reach this revenue scale.
Companies - Mon, December 22, 2025 | 7:30 pm GMT+7
JC&C completes sale of 4.6% Vinamilk stake to F&N for $228 mln
Singapore-listed Jardine Cycle & Carriage Limited (JC&C) has reportedly completed the sale of more than 96 million shares, equivalent to a 4.6% stake, in Vietnam’s dairy giant Vinamilk (HoSE: VNM).
Companies - Mon, December 22, 2025 | 6:50 pm GMT+7
Shares linked to ‘Shark Hung’ slide despite market rallies
Shares of Cen Land (HoSE: CRE), a major Vietnamese real estate brokerage linked to businessman Pham Thanh Hung, fell sharply on Monday, bucking a broad market rally that lifted the benchmark VN-Index to a fresh high.
Companies - Mon, December 22, 2025 | 4:17 pm GMT+7
Intel urged to expand chip packaging, testing operations in Vietnam
Vietnam has urged Intel to step up investment in semiconductor packaging and testing operations in the country, as Hanoi accelerates efforts to build a domestic chip ecosystem aligned with global supply chains.
Investing - Mon, December 22, 2025 | 3:37 pm GMT+7
Korean energy giant LS intends to inject $19.3 mln into Vietnam rare earth business
LS Eco Energy, a subsidiary of South Korea’s cable and energy giant LS Cable & System, has decided to invest KRW28.5 billion ($19.26 million) in advancing its rare earth metals business in Vietnam.
Industries - Mon, December 22, 2025 | 3:11 pm GMT+7
Vietnam's Petrosetco estimates 2025 net profit rises 46% to over $12 mln
PetroVietnam General Services Corporation (Petrosetco) expects its net profit to reach VD322 billion ($12.23 million) in 2025, up 46% year-on-year and exceeding the company's full-year target by 32%.
Companies - Mon, December 22, 2025 | 11:50 am GMT+7
Vietnam's 13th Party Central Committee convenes 15th meeting
The 15th meeting of Vietnam's 13th Party Central Committee opened in Hanoi on Monday.
Politics - Mon, December 22, 2025 | 11:13 am GMT+7
Duc Giang Chemical chairman’s family loses $129 mln in a week as shares plunge
Shares of Vietnam’s Duc Giang Chemical Group JSC (DGC) fell sharply last week (December 15-19), wiping nearly VND3.4 trillion ($129.2 million) off the stock-based wealth of the family of chairman Dao Huu Huyen.
Companies - Mon, December 22, 2025 | 6:58 am GMT+7
Vietnam launches International Financial Center, pledges 'special process' to resolve investor hurdles
Vietnam on Sunday announced the establishment of its International Financial Center (IFC), with Prime Minister Pham Minh Chinh pledging to fast-track the resolution of investor difficulties through a “special process”.
Economy - Sun, December 21, 2025 | 9:18 pm GMT+7
The new target for VN-Index is 3,200: Finnish fund PYN Elite
The earnings growth of listed companies in Vietnam will continue to support equity prices in 2026. According to the consensus forecast, a market P/E of 10.0 for 2026 looks very attractive, writes Petri Deryng, portfolio manager at Finnish fund PYN Elite.
Consulting - Sun, December 21, 2025 | 6:33 pm GMT+7
Mastering AI key to Vietnam’s leap beyond middle-income trap: FPT chairman
Mastering and innovating technology is no longer optional but the sole path for Vietnam to escape the middle-income trap and rise alongside global powers, said tech giant FPT Corporation chairman Truong Gia Binh.
Economy - Sun, December 21, 2025 | 2:33 pm GMT+7
Vietnam among world’s top 15 countries by im-export value: ministry
Vietnam’s import-export turnover is expected to reach $920 billion for the first time in 2025, placing the country among the world’s top 15 by trade value, according to the Ministry of Industry and Trade (MoIT).
Economy - Sun, December 21, 2025 | 11:07 am GMT+7
Dung Quat oil refinery operator BSR targets 187% net profit growth in 2026
Binh Son Refining and Petrochemical JSC (HoSE: BSR), operator of Dung Quat - Vietnam’s first oil refinery, expects net profit to surge in 2026, supported by stable oil price assumptions and a major investment plan to expand and upgrade its core refining assets.
Companies - Sun, December 21, 2025 | 8:00 am GMT+7
Dragon Capital-managed VEIL plans trio of 10% tender offers
Vietnam Enterprise Investments Limited (VEIL), the largest foreign-managed equity fund in Vietnam, has announced a tender offer for up to 10% of its issued share capital, with the option to conduct up to two additional tenders over the next year.
Finance - Sat, December 20, 2025 | 11:19 pm GMT+7
Vingroup builds development hubs across multiple sectors
With the groundbreaking and inauguration of 11 large-scale projects on Friday, Vingroup (HoSE: VIC), Vietnam's biggest listed company by market cap, reinforces its role as a pioneering private enterprise in urban development, infrastructure, energy, and industry.
Investing - Sat, December 20, 2025 | 6:32 pm GMT+7



















