The US Department of Commerce on March 31 announced its final decisionon the ninth results of its administrative review (POR9) foranti-dumping duties on tra fish fillets imported from Vietnam, theVietnam Association of Seafood Exporters and Producers (VASEP) has said.
Under the decision, Vietnamese frozen tra fish filets exported to the US are subjected to anti-dumping taxes.
Accordingly,the anti-dumping duties on products of two mandatory reviewedcompanies, Vinh Hoan and Hung Vuong, are 0.03 USD per kilo and 1.2 USDper kilo, respectively, and for other companies it is 0.42 USD per kilo.
Truong Dinh Hoe, VASEP's general secretary, said the newanti-dumping tariffs were much lower than that announced in thepreliminary POR9 issued last September, when the tax imposed on productsfrom Hung Vuong Corporation and Vinh Hoan Corporation was 2.15 USD and0.42 USD a kilo, respectively, while other exporters had taxes of 0.99USD a kilo.
Hoe said that, after receiving the preliminarydecision of POR9, the association and enterprises had worked to protectthem against troublesome tariffs. This brought encouraging results.
However,the new tariffs remained high, Hoe said, adding that Vietnam hadsufficient reasons to show that businesses had not dumped tra fishprices.
In addition, choosing Indonesia instead of Bangladesh aspreviously as the sole benchmark country in calculating the anti-dumpingrate of the DOC was unreasonable, Hoe said.
Indonesia is not"economically comparable" to Vietnam and does not share similaritieswith Vietnam in breeding standards and input costs; thus, choosing it asthe sole benchmark country in calculating the anti-dumping rate led tohigh anti-dumping tax rates, he said.
He suggested the DOCreconsider its investigation involved in imposing anti-dumping duties onVietnamese tra fish exported to the US.
With the new anti-dumping tax rates, exports of Vietnamese tra fish to the US will be affected but not much, he said.
Trafish export revenue was worth 275 million USD in the first two monthsof the year, a year-on-year increase of 8.5 percent, with the US and EUbeing two key importers of Vietnamese tra fish, To Thi Tuong Lan,VASEP's deputy general secretary, said.
The country is expected to earn around 1.8 billion USD from tra fish exports this year, similar to last year's figure, she said.-VNA
Under the decision, Vietnamese frozen tra fish filets exported to the US are subjected to anti-dumping taxes.
Accordingly,the anti-dumping duties on products of two mandatory reviewedcompanies, Vinh Hoan and Hung Vuong, are 0.03 USD per kilo and 1.2 USDper kilo, respectively, and for other companies it is 0.42 USD per kilo.
Truong Dinh Hoe, VASEP's general secretary, said the newanti-dumping tariffs were much lower than that announced in thepreliminary POR9 issued last September, when the tax imposed on productsfrom Hung Vuong Corporation and Vinh Hoan Corporation was 2.15 USD and0.42 USD a kilo, respectively, while other exporters had taxes of 0.99USD a kilo.
Hoe said that, after receiving the preliminarydecision of POR9, the association and enterprises had worked to protectthem against troublesome tariffs. This brought encouraging results.
However,the new tariffs remained high, Hoe said, adding that Vietnam hadsufficient reasons to show that businesses had not dumped tra fishprices.
In addition, choosing Indonesia instead of Bangladesh aspreviously as the sole benchmark country in calculating the anti-dumpingrate of the DOC was unreasonable, Hoe said.
Indonesia is not"economically comparable" to Vietnam and does not share similaritieswith Vietnam in breeding standards and input costs; thus, choosing it asthe sole benchmark country in calculating the anti-dumping rate led tohigh anti-dumping tax rates, he said.
He suggested the DOCreconsider its investigation involved in imposing anti-dumping duties onVietnamese tra fish exported to the US.
With the new anti-dumping tax rates, exports of Vietnamese tra fish to the US will be affected but not much, he said.
Trafish export revenue was worth 275 million USD in the first two monthsof the year, a year-on-year increase of 8.5 percent, with the US and EUbeing two key importers of Vietnamese tra fish, To Thi Tuong Lan,VASEP's deputy general secretary, said.
The country is expected to earn around 1.8 billion USD from tra fish exports this year, similar to last year's figure, she said.-VNA
