QVD and its U.S.-based entity, QVD
In that same preliminary review, the DOC had determined ESS was not selling at belowmarket rates, and upheld that determination in its final results.
According to an announcement Monday in The Federal Register, the two companies had their rates for the third review period cut to zero, while the countrywide rate for other Vietnamese pangasius producers remains at 63.88 percent. The companies were notified last week of the decision.
“Great! We’re obviously thrilled,” Laurie Bugbee of QVD
The decision to rescind the antidumping duty came after extensive reviews of QVD's operations at its
In the final review, the department upheld its to rescind its review for nine companies:
FAQUIMEX; Hung Vuong Co., Ltd.; NAVICO; Phu Thuan Co.; DOCIFISH; Thuan Hung; United Seafood Packers Co. Ltd.; Van Duc Foods Export Joint Stock Co.; and Vietnam Fish-One.
With regard to Lian Heng Trading Co. Ltd., the department said entries that are not accompanied by a country-of-origin certification stating the product is not produced from Vietnamese-origin fish are subject to the Vietnam-wide rate of 63.88 percent, while those with certification will receive a zero percent rate.
QVD will continue to participate in DOC reviews, and is taking part in the fourth administrative review under way, said Bugbee. "We are working to keep our zero rate," she said.
"We expect significant growth in our imports and sales particularly in the current economic conditions where farm raised, lower cost, high quality whitefish fillets could attract significant attention from consumers,” said Jim Bugbee, general manager for QVD
"QVD is the only pangasius plant in the USDC seafood inspection program and has worked tirelessly over the last three years with several key organizations developing standards for pangasius sustainability," said Bui Duc Quy, executive firector QVD Food Co. ". We look forward to developing swai/pangasius as it becomes one of the most popular whitefish in the
According to Vietnam Customs, the export of value-added pangasius in the first eight months of 2024 has been evaluated as quite positive, with continuous growth in many major markets such as the United States, CPTPP, and the Netherlands...
(seafood.vasep.com.vn) The Department of Fisheries of Ca Mau province coordinated with the School of Fisheries under Can Tho University to organize training courses on high-tech shrimp farming for 120 people in processors, cooperatives and families that are raising intensive and super-intensive shrimp in the province.
(seafood.vasep.com.vn) Currently, Soc Trang province plans to expand its shrimp farming area from over 50,000 hectares to 57,000 hectares by 2025, aiming for a production of 233,800 tons and maintaining a $1 billion export value. The project will establish 45 climate-resilient shrimp farming models and ensure all farms meet aquaculture standards for traceability.
(seafood.vasep.com.vn) In July 2024, Vietnam's fish cake and surimi exports declined. The export value reached just over 24 million USD, down 3% over the same period. In the first 7 months of 2024, the cumulative export of this product group reached 152 million USD, down 13%.
(seafood.vasep.com.vn) Dong Thap is a key region for pangasius farming, boasting the largest production in the Mekong Delta. In the first seven months of 2024, the estimated aquaculture area reached 4,778 hectares, with a harvest yield of 307,336 tons. Of this, the intensive pangasius farming area covered 2,042 hectares, with a harvest of 252,670 tons.
(seafood.vasep.com.vn) According to Vietnam Customs, in the first half of August 2024, Vietnam's pangasius exports to the EU reached nearly 8 million USD, up 57% over the same period. Cumulative pangasius exports to this market as of August 15, 2024, reached 107 million USD, up 0.5% over the same period last year.
(seafood.vasep.com.vn) The Board of Directors of International Development & Investment Corporation (IDI) is confident of completing this year's profit plan in the context of gradually recovering demand for pangasius in China and Mexico.
(seafood.vasep.com.vn) Some farmers in Soc Trang province have successfully applied a balanced biological shrimp farming technique, which eliminates the use of chemicals to minimize environmental impacts. This is a model of farming that adapts to climate change.
8 finalists have been named in the best new seafood product competition to be awarded at Seafood Expo Asia, taking place 4 to 6 September at the Sands Expo and Convention Centre in Singapore.
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