The US Department of Commerce (DOC) has announced the preliminaryfindings on its administrative review for anti-dumping duties on trafish fillets imported from Vietnam.
According to the US-basedVietnam Trade Office, as per its administrative review (POR 10), the DOChas decided to impose anti-dumping duties from zero to 2.39 USD perkilo on Vietnamese tra fish fillets imported to the US between August2012 and July 2013.
The Vietnam Trade Office said, according tothe DOC's preliminary decision, Vinh Hoan JSC – one of the leading localtra fish exporters to the US, who was under investigation and taken offthe list of Vietnamese tra fish exporters, enjoyed a zero tax rate,reported the Voice of Viet Nam (VOV) online.
Meanwhile, duties onHung Vuong Corporation, one of the large tra fish exporters to the USand 23 other companies were revised from 1.2 USD to 0.58 USD per kilo.
AnviFish was charged duty at the highest rate of 2.39 USD per kilo as it did not supply specific timely information to the DOC.
However,the Trade Office said the duties were unreasonable, as the DOCcontinued using Indonesian rates as the sole benchmark while calculatingthe anti-dumping rate.
The new duties will, however, not takeeffect until the final decision is made. Relevant parties will have 120days to reply before a final decision is taken.
According toVietnam's General Department of Customs, export value of tra fish to theUS in the first five months, showed a year-on-year drop of 26 percentto 126.6 million USD.
During the first five months, Vietnam's total export value of tra fish saw a year-on-year decline of 3.8 percent.
Twokey tra fish export markets of Vietnam, the US and the EU, whichaccounted for 39.3 percent of the total export value, saw a reduction inexport values over the past few months, according to the VietnamAssociation of Seafood Exporters and Producers.
The association expected the exports of Vietnamese tra fish to the two markets to recover by the end of this year.
Otherkey export markets for Vietnamese tra fish, such as Brazil, Mexico,China and Hong Kong continued to grow, along with Colombia and SaudiArabia.-VNA
According to the US-basedVietnam Trade Office, as per its administrative review (POR 10), the DOChas decided to impose anti-dumping duties from zero to 2.39 USD perkilo on Vietnamese tra fish fillets imported to the US between August2012 and July 2013.
The Vietnam Trade Office said, according tothe DOC's preliminary decision, Vinh Hoan JSC – one of the leading localtra fish exporters to the US, who was under investigation and taken offthe list of Vietnamese tra fish exporters, enjoyed a zero tax rate,reported the Voice of Viet Nam (VOV) online.
Meanwhile, duties onHung Vuong Corporation, one of the large tra fish exporters to the USand 23 other companies were revised from 1.2 USD to 0.58 USD per kilo.
AnviFish was charged duty at the highest rate of 2.39 USD per kilo as it did not supply specific timely information to the DOC.
However,the Trade Office said the duties were unreasonable, as the DOCcontinued using Indonesian rates as the sole benchmark while calculatingthe anti-dumping rate.
The new duties will, however, not takeeffect until the final decision is made. Relevant parties will have 120days to reply before a final decision is taken.
According toVietnam's General Department of Customs, export value of tra fish to theUS in the first five months, showed a year-on-year drop of 26 percentto 126.6 million USD.
During the first five months, Vietnam's total export value of tra fish saw a year-on-year decline of 3.8 percent.
Twokey tra fish export markets of Vietnam, the US and the EU, whichaccounted for 39.3 percent of the total export value, saw a reduction inexport values over the past few months, according to the VietnamAssociation of Seafood Exporters and Producers.
The association expected the exports of Vietnamese tra fish to the two markets to recover by the end of this year.
Otherkey export markets for Vietnamese tra fish, such as Brazil, Mexico,China and Hong Kong continued to grow, along with Colombia and SaudiArabia.-VNA
