Thursday, April 25, 2024 7:44:50 PM - Markets open
VN-INDEX 1,204.97 -0.64/-0.05%
HNX-INDEX 227.57 -0.30/-0.13%
UPCOM-INDEX 88.33 -0.04/-0.05%
US cuts antidumping duties on Vietnamese tra fish fillets
vietnamplus.vn - 10/23/2019 1:11:35 PM
 (0 ratings. You must sign in to rate.)
The US Department of Commerce (DOC) has lowered anti-dumping duties on frozen tra fish (pangasius) fillets from Vietnam in the 15th period of review (POR15), according to the Ministry of Trade and Industry (MOIT).
 
This is the DOC’s preliminary conclusion after investigating tra fish exported by certain Vietnamese companies for the period August 1, 2017 through July 31, 2018, the MOIT said in a statement.
 
The DOC determined that Vietnamese mandatory respondent – NTSF Seafoods JSC – and seperate rate respondent – Can Tho Import Export Seafood JSC (CASEAMEX) – were both subject to rates of 0.00 USD per kg while a “Vietnam-wide entity” anti-dumping rate of 2.39 USD per kilogramme was applied to all other Vietnamese exporters.
 
Last year, under the final result of the 14th period of review (POR14), a final rate of 3.87 USD per kilogramme was imposed on Hung Vuong Group while the rate was 1.37 USD per kilogramme for NTSF, CP Vietnam Corporation, Cuu Long Fish JSC, Green Farms Seafood JSC and Vinh Quang Fisheries Corporation.
 
The department would issue the final results of the POR15 within 120 days of publication of its preliminary rates and this is likely to happen around February next year, the MOIT said.
 
The MOIT advised local exporters to continue cooperating with the DOC and the ministry to ensure positive final results.
 
Meanwhile, the ministry would continue to coordinate with other ministries, sectors, the Vietnam Association of Seafood Exporters and Producers  and related export companies to take necessary actions to protect the rights and interests of the domestic tra fish industry.
 
Vietnamese tra fish has been subject to the US’s antidumping duty since 2003. Last year, Vietnam exported 550 million USD worth of tra fish to the US, the country’s second largest market./.
 
VNA
 
Read original article here
 
Newer News
24/04 VN's economy forecast to grow by 5.5 per cent in 2024
24/04 EVN seeks PM's solutions for solving challenges in PPA negotiations
24/04 Standard Chartered revised down Việt Nam’s 2024 GDP growth forecast to 6%
24/04 Vietnamese PM outlines three key breakthroughs for ASEAN's path to digital excellence
19/04 VN's exports $25.77 billion to the US in Q1
17/04 Vietnamese airlines boost capacity amid holiday rush despite aircraft shortage
16/04 Private sector contributes 45% of GDP
12/04 Việt Nam’s growth projected at 6% in 2024 with policy adjustment: AMRO
12/04 Public investment projects: big push for construction materials sector
10/04 Việt Nam's exports to India maintain growth momentum
Older News
17/10 Deputy PM addresses Vietnam Business Summit 2019
14/10 Three more kinds of Vietnamese seafood exported to China
13/10 Economic zone draws investment from the manufacturing sector
11/10 Vietnam’s economic growth predicted to be higher than target
09/10 Vietnam up 10 places in Global Competitiveness Index
08/10 Rice export volume up but value falls
07/10 Vietnam continues to enjoy trade surplus with Israel
04/10 Rice exports bring home 2.24 billion USD in nine months
02/10 Energy efficiency important as VN power needs grow with economy: conference
02/10 Phones and components lead in January-September export turnover
 
Newsletter Signup
Top Stories
Businesses concerned about rising exchange rate pressure
Gold bar auction to be resumed after 11 years of suspension
PM Chính requires strengthened gold market management
Bank shareholders to receive high dividends, stock bonuses
Shares sustain gains on strong investor confidence
Market Update
Last updated at 3:05:00 PM
VN-INDEX 1,204.97 -0.64/-0.05%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.