Vietnamese Pangasius Receives Great News from the US

Vietnam's billion-dollar export value of pangasius has just received good news in the US market when the US Department of Commerce officially announced the anti-dumping tax rate of 7 Vietnamese enterprises at 0%.

Processing pangasius for export at a business - Photo: VASEP

According to information from the Vietnam Association of Seafood Exporters and Producers (VASEP), on June 18, the US Department of Commerce (DOC) announced the official results of the anti-dumping tax rate (CBPG) in the 20th administrative review (POR20) on frozen pangasius fillets imported from Vietnam into the US, from August 1, 2022 to July 31, 2023.

According to the 20th administrative review (POR20), there are 7 enterprises applying a tax rate of 0%. The list includes: Bien Dong Seafood Company Limited/Bien Dong Hau Giang Seafood Joint Stock Company; Can Tho Seafood Import-Export Joint Stock Company; Dai Thanh Seafood Company Limited; Dong A Seafood Company Limited; Hung Ca 6 Joint Stock Company; Nam Viet Company; NTSF Seafood Joint Stock Company.

The US Department of Commerce (DOC) determined that Bien Dong Seafood Company Limited/Bien Dong Hau Giang Seafood Joint Stock Company did not sell frozen pangasius fillets at a price lower than the normal value in POR20.

In addition, the remaining 6 companies have proven eligible for separate tariffs. These companies have been applied the East Sea tariff of 0.00 USD/kg.

According to VASEP, Vinh Hoan Joint Stock Company is not on the tax exemption list because it has been removed from the scope of CBPG application from POR periods after 2025.

This comes from the agreement reached between the Vietnamese Ministry of Industry and Trade and the Office of the US Trade Representative (USTR) regarding the DS5368 lawsuit, which closed on January 17, 2025.

The official national tax rate of POR20 remains at 2.39 USD/kg for other businesses.

Pangasius is one of the main export products, bringing in billions of dollars in revenue for Vietnam's seafood industry. Of which, traditional pangasius fillet products account for 80% of the total pangasius exported by Vietnam to world markets. The US is one of Vietnam's key pangasius consumption markets, so the tax issue in the US market has a big impact on the entire industry.

According to Vietnam Customs, pangasius exports to the US in May 2025 reached 41 million USD, up 35% compared to May 2024. Total pangasius exports in the first 5 months of 2025 to the US reached 142 million USD, up 7% compared to the same period in 2024.

NGUYEN TRI

Source: https://tuoitre.vn/ca-tra-viet-nam-nhan-tin-vui-lon-tu-my-2025062411415532.htm