DOC concluded duties on Vietnam shrimp sent to US
The United States (US) has levied higher anti-dumping duties on Vietnamese warm-water shrimp exports during the period of review from February 1, 2014 to January 31, 2015.
Mandatory respondents are exporters selected for individual investigation by the DOC as part of its countervailing duty review, whereas exporters that are not initially chosen for investigation but wish to participate, and are accepted by DOC, are voluntary respondents.
According to the preliminary results of the POR10, sales by Minh Phu Group and Stapimex to the US, the two mandatory respondents, were made below normal value, and, therefore, are subject to anti-dumping duties. The duty on Minh Phu Group was initially set at 2.86%, higher than the rate 1.39% in POR9, while Stapimex was subject to a tariff at 4.78%.
Anti-dumping duty on voluntary respondents was preliminarily established at 3.56%, nearly four times higher than the official 0.91% set in POR9. The tariff on other Vietnamese firms, those exporters not examined as mandatory or voluntary respondents in the POR10, remains at 25.76%, according to preliminary results. The official duty at the POR 10 was scheduled to release in July.
In addition, in separate Federal Register notices published on March 1, the US Department of Commerce (DoC) and the US International Trade Commission (ITC) announced the initiation of Five-Year Sunset Reviews of the anti-dumping duty orders on certain frozen warm-water shrimps from Brazil, China, India, Thailand, and Vietnam. Vietnam’s General Department of Customs said Vietnam’s export value of shrimp to the US in 2015 reduced 38.3% year-on-year to US$657 million.
15:17, 2024/11/04
Hiring multitaskers: Priority for Hanoi companies
Several sectors experience increased hiring demand in the remaining months of 2024
18:17, 2024/11/03
Hanoi seeks partnerships to build skilled workforce for digital transformation
Vocational training institutions play important roles in developing a quality workforce prepared for large companies.
18:35, 2024/10/30
Hanoi to host Vietnam-Asia Smart City Summit 2024
The summit aims to share best practices and promote cooperation among Vietnam's provinces and cities in building and developing smart cities.
15:53, 2024/10/29
Vietnamese spend $8.9 billion on ecommerce
The total transaction volume in the Jan-Sep period increased by 37.7% compared to the same period last year.
14:48, 2024/10/29
Hanoi steps up inspections to crack down on unsafe food
The purpose of the survey is to gain a thorough understanding of the local food safety situation and to identify non-compliance promptly, allowing for corrective actions to be taken to mitigate health risks.
22:24, 2024/10/23
SEMIEXPO Vietnam 2024 to foster growth of semiconductor industry
The exhibition aims to develop the ancillary industry ecosystem and attract investment from the world's leading semiconductor companies.
- Hanoi targets double-digit growth over next decade
- Hanoi's industrial production shows positive growth
- Hanoi launches Vietnamese Fashion Product Brand Festival 2024
- Exhibition promotes Hanoi's key industrial products
- New partnerships forged at Hanoi Industrial Development Conference
- Hanoi addresses administrative challenges through dialogues