December 26, 2024 | 01:18 GMT +7

  • Click to copy
Saturday- 22:09, 26/03/2022

4 companies exporting pangasius to the US under no anti-dumping tax

(VAN) The US Department of Commerce announced the final results of anti-dumping tax on Vietnam’s pangasius of the 17th anti-dumping tax administrative review.
There are currently 4 companies not subjected to anti-dumping tax when exporting frozen pangasius fillets to the US. Photo: TL.

There are currently 4 companies not subjected to anti-dumping tax when exporting frozen pangasius fillets to the US. Photo: TL.

According to Vietnam Association of Seafood Exporters and Producers (VASEP), The US Department of Commerce has announced the final results of the 17th administrative review of anti-dumping tax (POR17) on frozen pangasius imported from Vietnam in the period from August 1, 2019, to July 31, 2020.

During this review, NTSF Seafood Joint Stock Company (NTSF SEAFOODS) relishes the anti-dumping tax rate of 0% when exporting frozen pangasius fillets to the US.

Two companies, including Bien Dong Seafood Joint Stock Company (ESS) with a tax rate of $3.87/kg and Green Farms Seafood Joint Stock Company with a tax rate of $1.94/kg. The national tax rate still remained at $2.39/kg.

As a consequence, there are currently 4 Vietnamese businesses that are not subject to anti-dumping tax when exporting frozen pangasius fillets to the US. Additionally, two businesses subjected to low anti-dumping tax rates are CASEAMEX with $0.15/kg and BIEN DONG SEAFOOD with $0.19/kg.

VASEP believes that this is an encouragement for NTSF SEAFOODS in particular and Vietnamese pangasius exporters to the US market in general in the near future.

In 2021, there are more than 10 Vietnamese businesses exporting pangasius to the US market, of which, VINH HOAN CORP, NTSF SEAFOODS and BIEN DONG SEAFOOD are the 3 businesses with the largest export value.

Over the first two months of this year, the total value of pangasius export to the US reached $94.57 million, up 119.7% over the same period last year. The US is currently the largest market for Vietnamese pangasius during the earlier months of this year.

Author Son Trang

Translated by Hoang Duy

Vietnamese fruits and vegetables are increasingly favored in Australia

Vietnamese fruits and vegetables are increasingly favored in Australia

(VAN) Vietnam is the third-largest supply source of vegetables, fruits, and processed products for Australia in the first 10 months of 2024, reaching USD 109.68 million, up 35.4% over the same period last year.

Wood exports set a record, surpassing 17 billion USD

Wood exports set a record, surpassing 17 billion USD

(VAN) The Forestry Department reported that the export turnover of wood and wood products reached approximately 16.3 billion USD, while non-timber forest products exceeded 1 billion USD.

EU pork production temporarily recovers in 2024

EU pork production temporarily recovers in 2024

(VAN) In 2023, EU piglet production reached a record low, while feed prices fell, and the demand for piglets rose, according to a recent US Department of Agriculture (USDA) Global Agricultural Information Network (GAIN) report.

Import and export turnover reaches the threshold of 800 billion USD

Import and export turnover reaches the threshold of 800 billion USD

(VAN) Vietnam's trade turnover reached nearly USD800 billion, a 15% increase compared to the same period last year, with exports rising by almost 14%, significantly surpassing the target of 6%.

The seafood export reached 10 billion USD, with expectations for 2025

The seafood export reached 10 billion USD, with expectations for 2025

(VAN) The Vietnam Association of Seafood Exporters and Producers held a ceremony to celebrate seafood exports reaching 10 billion USD in 2024, with expectations for better growth in 2025.

Periodic updates on the grains, livestock futures markets

Periodic updates on the grains, livestock futures markets

(VAN) After Monday, a drier trend sets in for Argentina before rain returns next week. Soymeal is retreating on falling world prices as Argentina is slated to crush a record amount of beans.

Cocoa caps 2024 as biggest commodity winner. It’s not over yet

Cocoa caps 2024 as biggest commodity winner. It’s not over yet

(VAN) Cocoa’s rally has soared past all major commodities in 2024, and there’s little sign the tight supply and fragile trading landscape that prompted its near-vertical trajectory are in for a fast fix.

Read more