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US announces final results of POR16 for Vietnamese tra, basa fish

The US Department of Commerce (DOC) has announced the final results of the 16th period of review (POR16) for the period from August 1, 2018 to July 31, 2019, regarding Vietnam’s tra and basa fish (pangasius) exported to the US.
US announces final results of POR16 for Vietnamese tra, basa fish ảnh 1Pangasius processing line for export at the factory of the South Vina company at the Tra Noc industrial park in Can Tho city. (Photo: VNA)

Hanoi (VNA) – The US Department of Commerce(DOC) has announced the final results of the 16th period of review(POR16) for the period from August 1, 2018 to July 31, 2019, regardingVietnam’s tra and basa fish (pangasius) exported to the US.

Accordingly, the anti-dumping duty for Vinh Hoan JSCand Nam Viet JSC is 0 USD per kg, while the tax rate for other Vietnameseproducers and exporters remained at 2.39 USD per kg.

According to the Trade Remedies Authority of Vietnamunder the Ministry of Industry and Trade, the US department is conducting the17th period of review (POR17).

The ministry will continue its close coordinationwith the Vietnam Association of Seafood Exporters and Producers, Vietnameseexporters and the US side to deal with relevant issues to ensure legitimaterights and interests of Vietnam in this regard.

The US has remained one of major importers ofVietnamese aquatic products, including shrimp and tra and basa fish.

Vietnam’s shrimp export to this market in the first fivemonths of this year reached 270 million USD, up 21 percent year-on-year.Meanwhile, the country’s tra and basa fish shipment to the US increased 200percent in May, raising the five-month value to 135 million USD, a year-on-yearrise of 57 percent.

The Trade Remedies Authority viewed the finalresults of POR16 as positive to the domestic aquatic product production andexport, saying they will create advantages for Vietnamese aquatic products todevelop and compete in the US market./.

VNA
#US Department of Commerce #period of review #tra and basa fish #Vietnam #Vietnam News Agency #vietnamplus United States
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