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Vietnam Business » Vietnam Import Export News » U.S. Department of Commerce Ups Ante for Vietnam shrimp exporters

U.S. Department of Commerce Ups Ante for Vietnam shrimp exporters

The U.S. Department of Commerce has hiked dumping duties on Vietnamese shrimp, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). The increase follows an annual review of anti-dumping duties since 2004, presented by the DOC. The prices are increased from 2.89% to 4.27% for 29 Vietnamese exporters.

For those not included in the survey, however, is the average rate of 25.76%. VASEP Report of the DOC, said Minh Phu Seafood Company is the only company to enjoy a haircut. With 3.27% 2.96% has decreased. The Nha Trang Seafood Joint Stock Company has seen a flood of duty of 2.5% to 5.58%. In November 2004, the first said that DOC Vietnam and China, frozen and canned shrimp dumped on the U.S. market. Separated the two countries than others because they are "non-market economies.

Vietnam Business And Financial News Network. Source [stox.vn]

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