Sign up | Log in



Home  >>   Daily News  >>Vietnam>>Economy>>Duties on VN shrimp sent to US increased
NEWS UPDATES Asean Affairs   17  March  2016  

Duties on VN shrimp sent to US increased

The United States (US) has levied higher anti-dumping duties on Vietnamese warm-water shrimp exports during the period of review from February 1, 2014 to January 31, 2015.

This decision was taken at the 10th administrative review (POR 10), according to a notice of the International Trade Administration (ITA) on March 10.

The POR10 was requested on 51 Vietnamese shrimp exporters, including two mandatory respondents, Minh Phú Group and Sóc Trăng Seafood JSC (Stapimex).

Mandatory respondents are exporters selected for individual investigation by the DOC as part of its countervailing duty review, whereas exporters that are not initially chosen for investigation but wish to participate, and are accepted by DOC, are voluntary respondents.

According to the preliminary results of the POR10, sales by Minh Phú Group and Stapimex to the US, the two mandatory respondents, were made below normal value, and, therefore, are subject to anti-dumping duties.

The duty on Minh Phú Group was initially set at 2.86 per cent, higher than the rate 1.39 per cent in POR9, while Stapimex was subject to a tariff at 4.78 per cent.

Anti-dumping duty on voluntary respondents was preliminarily established at 3.56 per cent, nearly four times higher than the official 0.91 per cent set in POR9.

The tariff on other Vietnamese firms, those exporters not examined as mandatory or voluntary respondents in the POR10, remains at 25.76 per cent, according to preliminary results.

The official duty at the POR 10 was scheduled to release in July.

In addition, in separate Federal Register notices published on March 1, the US Department of Commerce (DoC) and the US International Trade Commission (ITC) announced the initiation of Five-Year Sunset Reviews of the anti-dumping duty orders on certain frozen warm-water shrimps from Brazil, China, India, Thailand, and Việt Nam.

VietNam’s General Department of Customs said Việt Nam’s export value of shrimp to the US in 2015 reduced 38.3 per cent year-on-year to US$657 million. — VNS

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                           March 17, 2016 Subsribe Now !
• Duties on VN shrimp sent to US increased Subcribe: Asean Affairs Global Magazine

• High yield rice varieties will help Brunei attain self-sufficiency
• Indonesia's exports grow, but still not out of woods
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Analysts cut 2016 growth forecast for Singapore economy to 1.9%: MAS survey
Trust issues may hamper RI financial inclusion campaign
Asean Analysis                   March 4, 2016
• Asean Analysis March 4, 2016
Aung San Suu Kyi Is Key to Further Unlocking of U.S. Sanctions against Myanmar
Advertise Your Brand

Asean Stock Watch  March 16, 2016
• Asean Stock Watch-March 16, 2016
The Biweekly Update
• The Biweekly Update March 4, 2016

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2019 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand