Conclusion of administrative review of anti-dumping tax on Vietnamese pangasius to the United States

The Department of Trade Remedies ( Ministry of Industry and Trade ) informed that the US Department of Commerce (DOC) has published the preliminary results of the 20th review (POR 20) of anti-dumping tax on frozen tra and basa fish fillets from Vietnam exported to the US in the period from August 1, 2022 to July 31, 2023.

In this review, 8 Vietnamese exporting enterprises were involved. The US Department of Commerce selected 2 enterprises as mandatory respondents.

In its preliminary conclusion, the Trade Defense Department stated that the two defendant enterprises were required to receive an anti-dumping tax rate of {content}.00/kg; the remaining six enterprises were all eligible to receive individual tax rates of {content}.00/kg. Because the plaintiff withdrew the request to review the national tax rate, this rate was maintained at $2.39/kg.

According to the Department of Trade Defense, because the United States has not recognized Vietnam as a market economy , the US Department of Commerce uses alternative values of third countries to calculate the dumping margin for Vietnam.

In this review, the US Department of Commerce selected Indonesia as a surrogate country to calculate the dumping margin because DOC believes that: Indonesia has a similar level of economic development to Vietnam; Indonesia has large pangasius producers similar to Vietnam during the review period; Indonesia's surrogate data is reliable to help the US Department of Commerce assess Vietnam's production factors.

The Trade Defense Department assessed that the above preliminary results are quite positive for Vietnamese tra and basa fish exporting enterprises when all 8 companies in the review received a tax rate of {content}.00/kg. Accordingly, the above tax rate has decreased compared to the official tax rate of the previous POR19 review, from {content}.00/kg to {content}.18/kg. It is expected that the US Department of Commerce will issue the Final Conclusion of this review within 120 days from the date of issuance of the Preliminary Conclusion.

The US Department of Commerce has also issued a notice allowing parties to submit requests for anti-dumping duty reviews for the next review (POR21) for the period from August 1, 2023 to July 31, 2024. To date, a number of Vietnamese enterprises and US plaintiffs have submitted review requests. It is expected that the US Department of Commerce will consider initiating the next administrative review around October 2024.

According to VNA

Source: https://doanhnghiepvn.vn/kinh-te/ket-luan-ra-soat-hanh-chinh-thue-chong-ban-pha-gia-ca-tra-viet-nam-sang-hoa-ky/20240920072235901