The prospect of Vietnamese seafood export reaching the target of 9 billion USD

Published 2021년 7월 8일

Tridge summary

The US Department of Commerce has announced a 0% anti-dumping tax rate for pangasius imported from Vietnam for the period August 1, 2018, to July 31, 2019, benefiting two Vietnamese pangasius exporters. This could boost the competitiveness of Vietnamese pangasius in the US market, as the country is the leading supplier, accounting for 90.5-95% of the total value of pangasius imports. Other pangasius processing and exporting enterprises can still compete with a national anti-dumping tax rate of 2.39 USD/kg. Meanwhile, other Vietnamese seafood species are also contributing to an export turnover of 4.1 billion USD in the first half of 2021, with tuna, squid, and octopus showing strong growth in both the US and Chinese markets.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Photo Caption Processing pangasius for export at Can Tho Seafood Import-Export Joint Stock Company. Photo: VNA Recently at the end of June 2021, the US Department of Commerce announced the final results of the 16th administrative review of anti-dumping tax on pangasius (POR16) for imported frozen pangasius shipments. imported from Vietnam to the US market in the period from August 1, 2018 to July 31, 2019. Accordingly, two Vietnamese pangasius exporters, Vinh Hoan Joint Stock Company (Dong Thap) and Nam Viet Joint Stock Company (An Giang), enjoy the anti-dumping tax rate of 0% of pangasius into the US. . This means that Vietnamese pangasius is received as well as catfish products from other markets, contributing to improving the competitiveness of Vietnamese pangasius in the US market. Although other pangasius processing and exporting enterprises are not considered for anti-dumping tax of 0%, they still have many opportunities to compete with the national anti-dumping tax rate of ...

Source: Vinanet