Sign up | Log in



Home  >>   Daily News  >>   Vietnam News  >> Trade  >> US drops anti-subsidy tax on Vietnamese frozen shrimp
NEWS UPDATES Asean Affairs   24 September 2013  

US drops anti-subsidy tax on Vietnamese frozen shrimp

The United States International Trade Commission (USITC) has decided to cancel anti-subsidy measures against companies exporting frozen shrimp from Viet Nam.

The decision came after the USITC's six-member committee took a vote on the issue, with four members voicing their support for the cancellation on Friday.

The import duty on Vietnamese shrimp – which ranged from 1.15 per cent to 7.88 per cent as set by the DOC – has now been lifted.

On August 13, the US Department of Commerce (DOC) announced it was introducing an anti-subsidy duty on Vietnamese frozen shrimp, reasoning that any subsidy would pose a threat to the US shrimp industry.

This was a twin victory for Vietnamese shrimp exporters, Viet Nam's commercial counsellor in the US Dao Tran Nhan said in an interview with the Viet Nam News Agency.

On September 10, the DOC announced the results of a review on frozen warm-water shrimp from Viet Nam. It found that Vietnamese businesses did not dump their shrimp products on the US market, undercutting domestic producers, during the February 2011 - January 2012 period.

The outcome is that at all 33 Vietnamese shrimp exporters will now enjoy a zero import tax rate in the US and be refunded the taxes they paid earlier.

The US is Viet Nam's leading shrimp importer, contributing one quarter of the country's total shrimp export turnover of US$1.7 billion in the first eight months of this year. Viet Nam ranks fifth among shrimp exporters to the US, earning $4.3 billion from the market last year.

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    24  September 2013 Subsribe Now !
• Building Malaysia's Cyber Security Defense Foundations Subcribe: Asean Affairs Global Magazine
• Singapore Changi Airport:Operating indicators for August 2013 Asean Affairs Premium
• Cambodian king appoints Hun Sen as prime minister
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Philippines calls for more aid to Zamboanga evacuees
• Floods leave thousands homeless, schools closed in Myanmar
• US drops anti-subsidy tax on Vietnamese frozen shrimp
• Singapore Airlines sets sights on India
Asean Analysis           23 September 2013 Advertise Your Brand
• Asean Analysis- September 23, 2013
For India and Indonesia, Quality Growth Requires Quality Governance
• Asean Weekly:The Biweekly Update 20 September 2013
Asean Stock Watch     23 September  2013
• Asean Stock Watch-September 23, 2013 

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 © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand