Vietnamplus

Vietnam's tra fish (pangasius) industry has seen a plummet in stock prices due to falling tra fish prices and volatile export markets.

A series of best-performing stocks on the Vietnamese stock market are losing their steam due to poor business performances.

The US Department of Commerce (DOC) on August 22 released the final results of the 13th period of review (POR 13), officially imposing zero percent tariffs on 31 Vietnamese shrimp exporters.

Vietnam’s seafood export turnover in June reached 794 million USD, raising the total value for the first half of the year to nearly 4 billion USD, up 0.3 percent year on year, according to the Ministry of Agriculture and Rural Development’s Agro Processing and Market Development Authority (AgroTrade).

The US Department of Commerce (DOC) has announced preliminary rulings on the circumvention inquiries into Vietnamese cold-rolled steel (CRS) and corrosion-resistant steel (CORE) exports made from materials imported from Chinese Taiwan and the Republic of Korea (RoK).

The An Phat Holdings Group is accelerating its construction of an environmentally-friendly packaging factory with 300 production lines in the US.

The US Department of Commerce (DOC) has announced its final decision of the DOC’s 14th Period of Review on anti-dumping tariffs on Vietnam’s tra fish batches imported into the country during the period from August 1, 2016 to July 31, 2017.

The United States International Trade Commission (USITC) has announced its final conclusion of its sunset reviews concerning anti-dumping to utility scale wind towers imported from Vietnam, according to the Ministry of Industry and Trade (MoIT).

As many as 31 shrimp exporters of Vietnam to the US have been exempted from anti-dumping tariffs, according to the Vietnam Association of Seafood Exporters and Producers (VASEP) on April 10.

Authorities should closely monitor the import and export of goods, including goods origin, to prevent customs declaration fraud, a seminar heard in HCM City recently.

The domestic fishing industry should promote production of tra fish and shrimp by the end of this year to take advantage of the export potential of both commodities on the world market, according to the Ministry of Agriculture and Rural Development (MARD).

Vietnam earned 369.1 million USD from exporting tra fish to the US in the first nine months of this year, up 42.9 percent year-on-year.

Positive signals in key Vietnamese markets for tra fish exports like China, the EU and the US, have pushed material and fillet prices to the highest level to date.

A recent rise in anti-dumping lawsuits in the local steel industry has steelmakers worried.

Seafood export value in the first nine month of the year was estimated at 6.4 billion USD, a year-on-year increase of 7.2 percent, according to the Department of Farm Produce Processing and Market Development under the Ministry of Agriculture and Rural Development (MARD).

Vietnam’s aquatic products are forecast to bring home 9 billion USD from exports in 2018, up 7 percent from the previous year, said the Vietnam Association of Seafood Exporters and Producers (VASEP).

Vietnam enjoyed a surge of 46 percent in aquatic products’ export value to the US market in August to 188.7 million USD, pushing the total revenue in the first eight months of this year to 982.9 million USD, up 7 percent over the same period last year.

The US Department of Commerce (DOC) reduced anti-dumping duties on Vietnamese tra and basa (pangasius) fish under its preliminary conclusion of the 14th period of review (POR14) for the period from August 1, 2016 to July 31, 2017.

The US Department of Commerce (DoC) has announced the final results of the 12th Period of Review (POR 12), lowering the antidumping tariff on shrimp imports from Vietnam.

The potential for cooperation between Vietnam and the US remains huge, especially in trade and investment, Prime Minister Nguyen Xuan Phuc has said.