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April 12, 2008

VIETNAM/TRADE
US to reconsider anti-dumping duties on shrimps

The United States is reconsidering its imposition of anti-dumping taxes on hundreds of shrimp exporters, including those from Vietnam, local newspaper Vietnam News reported Friday.

The Shrimp Association of Louisiana State and U.S. private companies have asked the US Department of Commerce (DOC) to reconsider tax rates imposed on shrimps from Vietnam, China, India, Thailand, Ecuador and Brazil.

DOC will check the imports from the countries, including Vietnam for the period between February 1, 2007 and January 31, 2008.

It has released a preliminary conclusion on an administrative review of the anti-dumping tax on Vietnam's warm-water frozen shrimps for the period between February 1, 2006 and January 31, 2007. The tax rate on 28 Vietnamese companies was removed in the second administrative review.


The department imposed anti-dumping taxes on shrimps imported from the six countries in 2005. The average tax on Vietnamese shrimps was 25.67 percent.

Vietnam shipped abroad 27,500 tons of shrimps worth 228.5 million U.S. dollars in the first quarter of this year, up 14 percent in volume, but down 5.8 percent in value over the same period last year.


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