The US Department of Commerce (DOC) has released on March 15th the final results of the 13th administrative review of anti-dumping duties on Vietnamese Tra fish (pangasius) exporters to the US (POR13) for the period from August 1, 2015 through July 31, 2016.
|Photo for illustration.
Accordingly, Vietnam’s frozen tra fish fillets will be subject to anti-dumping duties of 2.39 USD to 7.74 USD/kg, which will adversely affect Vietnam’s fish exports to the US.
A representative of the Ministry of Industry and Trade said that the prices were not competitive in the American market as similar domestic (about 4 USD/kg). In this situation, many exporters will have to stop shipments to US and look for other markets.
Additionally, the Ministry of Industry and Trade also asked the US side to review and adjust the way to determine the tax level to the Vietnamese companies concerned on the basis of objectivity and compliance with the regulations of the World Trade Organization (WTO) and fairness for all sides involved.
The Ministry of Industry and Trade has been working closely with the Vietnam Association of Seafood Exporters and Producers and local exporters to discuss all settlement measures towards ensuring the legitimate rights and interests of Vietnamese businesses. By Linh Bui