PRESS RELEASE Preliminary results of the 19th administrative review (POR19) of the U.S. anti-dumping case against Vietnamese shrimp
Ho Chi Minh City, June 7, 2025 - In the early morning of June 7, 2025 (Vietnam time), the U.S. Department of Commerce (DOC) announced the preliminary results of the 19th administrative review (POR19) of the anti-dumping duty order on frozen warmwater shrimp imported from Vietnam, covering the period from February 1, 2023 to January 31, 2024.
According to the announcement, the DOC determined that Thong Thuan Company (including Thong Thuan Cam Ranh) did not sell shrimp at less than fair value, assigning it a zero dumping margin. In contrast, STAPIMEX was preliminarily assigned a significantly high dumping rate of 35.29%. This rate was also applied to 22 other companies eligible for separate rate status but not selected as mandatory respondents, instead of the usual weighted average of the two mandatory respondents.
The Vietnam Association of Seafood Exporters and Producers (VASEP) and the concerned enterprises were both surprised and deeply concerned about this unusually high preliminary rate. In the 19 years that Vietnam has participated in the administrative reviews of the anti-dumping case, no company has ever been subjected to a double-digit preliminary duty. This situation brings back memories of the 12th review (POR12), in which the DOC initially assigned a 25.76% rate to FIMEX due to calculation errors, which was later corrected to 4.58% in the final result. Therefore, VASEP and the companies strongly believe that there may have been errors or misunderstandings in the current preliminary results.
STAPIMEX had thoroughly prepared and had strong confidence in its accounting records to secure the lowest possible rate. However, VASEP and the companies believe that mistakes on either side may have led to data discrepancies, resulting in a preliminary rate that is unreasonably high. STAPIMEX will promptly provide additional information, and we firmly believe that the final result will accurately reflect the reality of Vietnamese shrimp exports—namely, that they are not dumped into the U.S. market.
Although the preliminary results are not immediately effective and may be revised in the final determination (expected in December 2025), the announcement has already had a negative psychological impact on U.S. importers, disrupted purchasing and export plans, and, more alarmingly, affected the confidence and operations of shrimp farmers in Vietnam.
In 2025, as the Trump President Administration rolls out a high reciprocal tariff policy targeting multiple countries, including Vietnam, such an unusually high preliminary rate further exacerbates the challenges facing the Vietnamese shrimp industry in accessing the U.S. market.
VASEP urgently calls on the DOC to review and reconsider its preliminary calculations to ensure objectivity, fairness, and consistency with past reviews, thereby safeguarding the legitimate interests of Vietnamese enterprises and preserving stability in seafood trade between the two countries.
VASEP – Vietnam Association of Seafood Exporters and Producers Contact: Ms. Que Phuong – Deputy Secretary General Email: quephuong@vasep.com.vn
(seafood.vasep.com.vn) By the end of 2025, Vietnam’s seafood industry had left a strong mark with export turnover reaching nearly $11.3 billion, up 12.4% year-on-year. This robust performance reflects not only a rebound in global consumption demand but also the agile adaptation of domestic firms in navigating increasingly stringent trade barriers.
(seafood.vasep.com.vn) According to the 2025 review and 2026 outlook conference held by the Directorate of Fisheries and Fisheries Surveillance on the afternoon of January 7, Vietnam’s seafood sector has set a total production target of over 10 million tons in 2026, representing a 0.6% increase year-on-year. Of this total, capture fisheries are projected at around 3.75 million tons (down 2.1%), while aquaculture output is expected to reach 6.25 million tonnes (up 2.2%) compared with 2025.
(seafood.vasep.com.vn) Sao Ta Food JSC (Fimex, Ticker: FMC) has announced its 2025 business results, reporting revenue of over $300 million (approximately 7.8 trillion VND), representing a 19.8% increase year-on-year; projected profit is expected to reach approximately 420 billion VND.
(seafood.vasep.com.vn) Vietnam’s fisheries sector concluded 2025 with landmark achievements: export turnover reached a record high, despite heightened volatility in global trade and increasingly stringent barriers from major markets, most notably the United States. Amid a mix of opportunities and challenges, the fisheries sector also witnessed important policy shifts. Together, these developments form a multifaceted picture of an industry proactively adapting and restructuring toward a trajectory of sustainable development.
(seafoos.vasep.com.vn) According to the Department of Agriculture and Environment of Vinh Long, the province’s shrimp farming area reached 69,800 hectares in 2025, including 7,500 hectares under high-tech farming models, 18,820 tons of black tiger shrimp and 293,000 tons of whiteleg shrimp.
(seafood.vasep.com.vn) Building on a robust growth momentum in 2025, Nghe An province has set a strategic goal to reach a total fisheries output of 270,000 tons by 2026, reinforcing its position as a key hub for aquaculture and exploitation.
(seafood.vasep.com.vn) Can Tho City statistics indicate that in 2025, following the merger of three former administrative entities - Can Tho, Hau Giang and Soc Trang - fisheries output in 2025 increased by 6.23% compared with 2024 with aquaculture production nearly 9.1 times higher than capture fisheries.
(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, Ca Mau province has achieved significant, comprehensive and substantive progress in combating IUU fishing in 2025, successfully fulfilling all tasks directed by the central government and strengthening fisheries governance. These efforts have established a solid foundation for the nationwide effort to lift the EC’s "yellow card" warning.
(seafood.vasep.com.vn) Ca Mau has exceeded its 2025 production targets, reaching nearly 595,000 tons of shrimp. This milestone reinforces the province’s position as Vietnam’s leading shrimp producer and a bright spot in the country’s seafood sector.
(seafood.vasep.com.vn) According to Vietnam Customs data, cumulative shrimp exports from the beginning of the year through November reached $4.3 billion, up 21% year-on-year, continuing to serve as the primary growth driver of the entire seafood sector. In November alone, export turnover amounted to $393 million, up 14%.
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