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U.S. lowers antidumping duties on Vietnamese tra fish fillets

VGP - The U.S. Department of Commerce has reduced anti-dumping duties on frozen tra fish fillets from Viet Nam in the 15th period of review, according to the Ministry of Trade and Industry (MOIT).

October 23, 2019 5:01 PM GMT+7

This is the U.S. Department of Commerce’s preliminary conclusion after investigating tra fish exported by certain Vietnamese companies for the period August 1, 2017 through July 31, 2018, the MOIT said in a statement.

The DOC determined that Vietnamese mandatory respondent – NTSF Seafoods JSC – and seperate rate respondent – Can Tho Import Export Seafood JSC (CASEAMEX) – were both subject to rates of US$0.00 per kg while a “Viet Nam-wide entity” anti-dumping rate of US$2.39 per kilogram was applied to all other Vietnamese exporters.

The department would issue the final results of the 15th period of review within 120 days of publication of its preliminary rates and this is likely to happen around February next year, the MOIT said.

The MOIT advised local exporters to continue cooperating with the U.S. Department of Commerce and the ministry to ensure positive final results.

Meanwhile, the ministry would continue to coordinate with other ministries, sectors, the Viet Nam Association of Seafood Exporters and Producers (VASEP) and related export companies to take necessary actions to protect the rights and interests of the domestic tra fish industry.

Vietnamese tra fish has been subject to the U.S. antidumping duty since 2003.

According to the VASEP, as of the end of August 2019, Viet Nam gained US$1.3 billion exporting tra fish, down 7.7% against the same period last year.

The nation only earned US$187.9 million from exporting tra fish to the U.S., a year-on-year down 41.5%. The U.S. maintains the second largest tra fish importer of Viet Nam.

 By Hoang Ha