This is the driving force for NTSF SEAFOODS in particular and Vietnamese pangasius exporters in general to the US market in the near future.
In addition, two companies, East Sea Seafoods Joint Stock Company (ESS) is imposed a tax rate of 3.87 USD/kg and Greenfarm Aquatic Co., Ltd is imposed a tax rate of 1.94 USD/kg.
Thus, currently, there are 4 Vietnamese enterprises that are not subject to anti-dumping tax when exporting frozen pangasius fillets to the US: Vinh Hoan Corp; Van Duc Tien Giang Food Export Company, NAVICO and NTSF Seafoods. 2, CASEAMEX pays an anti-dumping tax of 0.15 USD/kg and Bien Dong Seafood pays a tax rate of 0.19 USD/kg. The national tax rate is still 2.39 USD/kg.
In 2021, there are more than 10 Vietnamese pangasius enterprises that export to the US market. In which, Vinh Hoan Corp, NTSF Seafoods and Bien Dong Seafood are the 3 enterprises with the largest export value to this market.
By the end of February 2022, the total value of pangasius exports to the US reached 94.57 million USD, up 119.7% over the same period last year. In which, in February 2022, the export value reached nearly 42 million USD, increased by 167%. By the end of February, the US was the number 1 pangasius export market of Vietnamese enterprises.
| Exporter | |
|---|---|
| 1 | VINH HOAN CORP |
| 2 | NTSF SEAFOOD |
| 3 | BIEN DONG SEAFOOD |
| 4 | VIET NAM FISHES COMPANY LIMITED |
| 5 | CLPANGAGISH CORP |
| 6 | GREENFEED VIETNAM CORPORATION - VINH LONG BRANCH |
| 7 | CASEAMEX |
| 8 | MQ SEAFOOD CO.,LTD |
| 9 | DAI TIEN VINH CO.,LTD |
| 10 | T.T INTERNATIONAL CO.,LTD |
Vietnam’s pangasius export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year. UAE mainly imported frozen fillets from Vietnam.
(seafood.vasep.com.vn) According to data from General Department of Vietnam Customs, the UK imported nearly $3 million worth of pangasius from Vietnam in the first half of March 2024. Cumulative pangasius exports to this market reached $12 million as of March 15, 2024, down 3% from the same period last year.
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at 13.53 billion USD, up 21.8% over the same period last year; and this results in a trade surplus of 3.36 billion USD, a rise of 96.5%, according to the Ministry of Agriculture and Rural Development (MARD).
The southernmost locality is developing shrimp farming models that generate large outputs but are environment-friendly.
(seafood.vasep.com.vn) An Giang province's aquaculture output is predicted to reach 172.3 thousand tons in the first quarter of 2024, up 6.37% (+10.3 thousand tons) from the same time the previous year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, as of March 15, 2024, Vietnam's cephalopod exports reached more than 109 million USD, a slight decrease of 3% compared to the same period in 2023. In the first quarter of this year, Vietnam's cephalopod exports are expected to reach about 136 million USD, down 2% over the same period last year.
(vasep.com.vn) According to statistics from the International Trade Centre (ITC), Portugal is the 6th largest tuna importer in the EU. In 2023, the country's tuna imports from other countries increased by 9% compared to 2022, reaching nearly 241 million USD.
(vasep.com.vn) Vinh Hoan Corporation has just announced supplementary documents for the 2024 Annual General Meeting of Shareholders, scheduled to be held on April 17.
(seafood.vasep.com.vn) Sao Ta Food Joint Stock Company (FIMEX VN) has just announced that in March 2024, finished shrimp output reached 2,000 tons and finished shrimp consumption reached 1,693 tons, an increase of 74%, and 42% over the same period in 2023, respectively.
(seafood.vasep.com.vn) In February 2024, Vietnam pangasius exports to China and Hong Kong decreased by 65% compared to February 2023, reaching 23 million USD.
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