US to reduce anti-dumping tax for Vietnamese prawn exporters

The US Department of Commerce has recently agreed to reduce anti-dumping tax for 29 Vietnamese prawn exporters to 2.89% in its 4th administrative review, the Vietnam Association of Seafood Exporters and Producers (VASEP) reported.

According to VASEP General Secretary, Mr. Truong Dinh Hoe, the average anti-dumping tax rate of 29 Vietnamese prawn exporters has actually been reduced to 2.5% from the previous review of 4.57%.

Among exporters, Minh Phu Seafood Company has the highest rate of 3.27%, and Nha Trang Seafoods Company has the lowest of 2.5%.

However, the exporters are not required to pay anti-dumping tax until the US makes its final decision within 90 days after this 4^th preliminary result.

Mr. Ngo Van Ich , Director of Nha Trang Seafoods expected that with the reduction rate of 2.07% after two reviews of the US Department of Commerce, the rate may be at its lowest of zero once the US makes final decision.”

Preliminary results considered from February 1, 2008 to January 31, 2009

Producers/exporters	Average duties (%)
Minh Phu Corp	3,27
Nha Trang Seafoods	2,50
BacLieuFis	2,89
CP Vietnam	2,89
Cadovimex-Vietnam	2,89
Cafatex Corp	2,89
Camranh Seafoods	2,89
Camimex	2,89
CATACO	2,89
CAFISH	2,89
COFIDEC	2,89
Cuu Long Seapro	2,89
Seaprodex Danang	2,89
Gallant Ocean Vietnam	2,89
Grobest & I-Mei Industrial (Vietnam) Co., Ltd	2,89
Incomfish	2,89
Kim Anh Co.Ltd	2,89
Minh Hai Jostoco	2,89
Sea Minh Hai	2,89
SEAPRIMEXCO	2,89
Ngoc Sinh Seafoods	2,89
Nha Trang Fisco	2,89
Phu Cuong Seafood Processing and Import-Export Co., Ltd.	2,89
Phuong Nam Co.ltd	2,89
Fimex VN	2,89
Stapimex	2,89
Thuan Phuoc Seafoods and Trading Corporation	2,89
UTXI	2,89
Viet Foods Co., Ltd. (Viet Foods)	2,89
Viet Hai Seafood Co., Ltd.	2,89
Vinh Loi Import Export Company (Vimexco)	2,89
Rates on other Vietnamese companies	25,76

Tags: US anti-dumping tax, Vietnam Seafood, Vietnam seafood exports, Vietnamese prawn exporters