Vietnamese shrimp exporters to US to enjoy zero tariffs
Hanoi (VNA) – As many as 31 shrimp exporters of Vietnam to the US have been exempted from anti-dumping tariffs, according to the Vietnam Association of Seafood Exporters and Producers (VASEP) on April 10.
A shrimp processing facility in Vietnam (Photo: VNA)
The US Department of Commerce (DoC) recently announced the preliminary results of the 13th Period of Review (POR 13), which reviewed the anti-dumping tariff on shrimp imports from Vietnam.
The DoC concluded that frozen shrimp products of two respondents of Sao Ta Foods JSC (Fimex VN) and Nha Trang Seaproduct Company did not violate anti-dumping regulations from February 1, 2017 to January 31, 2018.
Therefore, preliminary tariffs on those two companies and other 29 local shrimp exporters will stand at zero percent.
The preliminary tariffs serve as a foundation for Vietnamese exporters to obtain the lowest anti-dumping tariffs in the final results of the POR 13, helping the firms thrive in the US market.
Earlier, Vietnamese shrimp exporters were subject to an anti-dumping duty of 4.58 percent in the final results of the POR 12, which was carried out from February 1, 2016 to January 31, 2017.
Related news
Shrimp industry sets up a target of 4.2 billion USD 2018 business result has resulted seafood industry to set up a target of 11 billion USD in 2019 with shrimp sector alone reaching 4.2 billion USD
Export of aquatic products strives for $10 billion target Agro-forestry-aquatic export turnover reached US$5.5 billion in the first two months of this year, a decrease of 1.6 percent compared to the same period
Vietnam's tra fish exports to UK up almost 70 percent in value Vietnam’s tra fish exports to the UK in the first quarter increased by 69.5 percent to 11.9 million USD