WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Economy / Trade - Service
Vietnamese pangasius exporters to US enjoy zero tariffs
Phi Nhat 06:03, 2021/06/30
Vinh Hoan’s export sales to the US have seen a strong recovery in recent months.

Vinh Hoan Corporation and Nam Viet, two Vietnamese exporters, enjoy a zero anti-dumping duty on pangasius from Vietnam to the US market in the 16th review (POR16) of the US Department of Commerce (DOC).

 Vietnamese pangasius exporters to the US enjoy zero tariffs. Photo: VGP

The final results of the POR16 were announced by the DOC for Vietnamese pangasius shipments imported to the US from Aug 1, 2018 to Jul 31, 2019.

Vinh Hoan Corporation was the only mandatory respondent of the POR16 and levied a duty of US$0.00 per kg. Nam Viet was also subject to a tariff of US$0.00 per kilo, as a separate rate respondent (not individually examined and having the weighted average rate of the mandatory respondents).

At the end of 2020, the DOC’s preliminary results showed that both Vinh Hoan and Nam Viet could be subject to a tariff of US$0.09 per kilo when exporting to this market. The remaining 27 companies subject to this review have not established eligibility for a separate rate, and are considered to be part of the Vietnam-wide entity for these preliminary results.

Vinh Hoan accounts for the largest share of pangasius export to the US and operates four out of 13 factories approved by the US Department of Agriculture as per the catfish inspection program.

Vinh Hoan’s export sales to the US have seen a strong recovery in recent months as the disease is under control after the US rolled out its vaccination program.

RELATED NEWS
TAG: pangasius exporters anti-dumping tariffs
Other news
17:23, 2024/11/26
Hanoi unveils 150 most popular Vietnamese products and services for 2024
The "Most Popular Vietnamese Products" voting program is part of the city's broader efforts to encourage the consumption of local goods.
16:50, 2024/11/23
Hanoi hosts the Vietnam Regional Specialties Fair 2024
This year's fair will contribute to the promotion of trade and the expansion of typical regional products, especially agricultural and food products that meet export standards.
14:06, 2024/11/20
Hanoi strengthens export competitiveness and trade protection measures
Hanoi will work with the Ministry of Industry and Trade to ensure that businesses and manufacturers are ready for new challenges.
10:49, 2024/11/16
US reiterates Vietnam is not manipulating currency
The US Treasury Department’s positive evaluation underscores Vietnam’s progress in balancing its economic and monetary policies while fostering strong bilateral relations with the US.
21:14, 2024/10/31
Vietnam, Brazil: Building bridges through shared history and new partnerships
Vietnam and Brazil are forging a future of mutual development, bridging continents through their shared history and new partnerships.
16:54, 2024/10/29
Hanoi to attract tourists by showcasing local specialties at wholesale markets
Hanoi aims to enhance supervision of food safety and traceability, along with promoting cashless transactions.