HCM city (VNA) – NTSF Seafoods Joint Stock Company, a Vietnamese exporter of frozen fish fillets, enjoys a zero anti-dumping duty when exporting pangasius to the US market in the 17th review (POR17) of the US Department of Commerce, according to Vietnam Association of Seafood Exporters and Producers (VASEP).
The final result of the POR17 was announced by the DOC for Vietnamese pangasius shipments to the US from August 1, 2019 to Jul 31, 2020.
Four Vietnamese enterprises that are not subject to anti-dumping duties by the US are Vinh Hoan Corporation, Nam Viet JSC, Van Duc Tien Giang Food Export Company and NTST Seafoods Joint Stock Company.
Some businesses eligible for their own tax rates include CASEAMEX, Bien Dong Seafood, Green Farms and East Sea Seafood with a tax rate of 0.15 USD per kg, 0.19 USD per kg, 1.94 USD per kg and 3.87 USD per kg, respectively. The average tariff for the remaining businesses is set at 2.39 USD per kg.
According to VASEP, more than 10 Vietnamese pangasius enterprises exported their products to the US market last year. Of these, Vinh Hoan Corp, NTSF Seafoods and Bien Dong Seafood posted the largest export value.
The total value of pangasius exports to the US reached 94.5 million USD by the end of February, up 119.7 percent over the same period last year, making the US the biggest importer of Vietnamese pangasius./.
See more
Vast room for Vietnam-Czech Republic trade cooperation
Vietnamese and Czech officials have underscored the vast potential of expanded cooperation between the two nations, driven by the EU-Vietnam Free Trade Agreement (EVFTA).
MPI signs MoU with Japan's Mie prefecture to strengthen investment ties
The recent signing of a Memorandum of Understanding (MoU) between Vietnam's Ministry of Planning and Investment (MPI) and Japan's Mie prefecture has taken economic and investment cooperation between the two countries, and particularly with Mie, to a new level.
PM’s activities in Switzerland to enhance bilateral economic, trade ties
Prime Minister Pham Minh Chinh’s attendance at the upcoming 55th Annual Meeting of the World Economic Forum (WEF) in Davos and his bilateral activities in Switzerland are expected to open up various opportunities in trade between the two countries.
Can Tho creates enabling environment to attract Japanese investors
The Mekong Delta city of Can Tho is committed to creating the best possible conditions for Japanese companies to study, invest and develop projects, Standing Vice Chairman of the municipal People’s Commitee Duong Tan Hien said at a January 20 meeting with representatives from the Japanese Embassy and businesses in Vietnam.
US anti-dumping duty removed from Vietnamese fish fillets
A bilateral agreement between the Vietnamese and US Governments regarding anti-dumping duties on Vietnamese fish fillets was signed on January 20, marking the end of relevant disputes in Case DS536 at the World Trade Organisation (WTO).
Vietnam’s rubber export predicted to exceed 11 bln USD
The Vietnam Rubber Association (VRA) is bullish about the prospects for the rubber industry in 2025, forecasting 10% annual growth in export revenue to over 11 billion USD.
Tan Son Nhat airport expected to serve 4 million passengers during Tet
Tan Son Nhat International Airport in Ho Chi Minh City is expected to serve 4 million passengers during the upcoming 2025 Lunar New Year (Tet) Festival.
Hanoi markets bustle as residents prepare for Kitchen Gods’ Day
Markets across the capital city of Hanoi are teeming with fresh produce and traditional offerings as locals are preparing to bid farewell to the ong Cong (Land Genie) and ong Tao (Kitchen Gods) to the heaven, an important precursor to the Tet (Lunar New Year) celebrations.
Reference exchange rate kept unchanged on January 20
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,341 VND/USD on January 20, unchanged from the last work day of the previous week.
Banks step up capital mobilisation policies
Many banks have promoted capital mobilisation policies right from the beginning of 2025 to improve financial strength and meet the credit demand that is forecast to increase sharply this year.
Binh Dinh province aims to attract 45 projects into IZs
The central province of Binh Dinh wants to attract 45 investment projects into its industrial zones (IZs) this year, Chairman of the provincial People's Committee Pham Anh Tuan said.
VinFast officially enters India market, unveils two EVs
Vietnamese electric vehicle manufacturer VinFast has unveiled two all-electric B-segment and C-segment SUVs, VF6 and VF 7, that will be sold in the Indian market within the framework of the Bharat Mobility Global Expo 2025 on January 18.
HDBank officially undertakes mandatory transfer of DongA Bank
The State Bank of Vietnam (SBV) announced the decision to implement the mandatory transfer of DongA Bank to Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) under a plan approved by the Government on January 17.
WEF expert believes in Vietnam’s new era
As the world transitions into a new era, Vietnam is emerging as a key player in multilateral cooperation mechanisms and a beacon of growth and development, said the World Economic Forum (WEF)’s Head of Regional Agenda for Asia-Pacific Joo-Ok Lee.
VinFast launches new e-bus model
VinFast, a leading Vietnamese electric vehicle manufacturer, on January 17 launched a new electric bus model with the capacity to carry up to 60 passengers.
Increasing domestic consumption needed to spur economic growth
Domestic consumption has rebounded positively, contributing to the 7.09% economic growth recorded last year. However, consumers continue to adopt a cautious approach to spending amid ongoing socio-economic challenges.
Macroeconomic stability, infrastructure – key catalysts for real estate growth
Macroeconomic stability and infrastructure development are set to be the key drivers propelling Vietnam's real estate market to new heights in 2025, according to industry experts.
Hai Phong inaugurates Lithium-Ion, Ni-MH battery plant
Exquisite Power Vietnam Co., Ltd. has inaugurated its Lithium-Ion and Ni-MH battery production facility in Nam Dinh Vu Industrial Park, the northern port city of Hai Phong.
Vietnam’s GDP growth could reach 8% in 2025 amid challenges: BIDV experts
Vietnam’s GDP growth is projected to reach 7.5% under normal conditions and up to 8% in an optimistic scenario for 2025, according to a research group at the Bank for Investment and Development of Vietnam (BIDV).
☕ Afternoon briefing on January 17
The following is a brief review of the day’s events as reported by the Vietnam News Agency.