No basis and no reason
“False data and unreasonable basis resulted in very high antidumping tax imposed on Vietnam shrimp after the eighth period of review (POR8). Differential pricing analysis, the methodology adopted by DOC is unreasonable and lack of basis. This method, lacking scientific, statistical and practical basis, became controversial.” – said Mr. Truong Dinh Hoe, General Secretary of VASEP.
Besides, the inflator data applied to calculate the input costs is also unreasonable. “The surrogate country chosen (Bangladesh) is not proper because DOC used data from 2003. We recommend DOC recalculate based on updated figures to suit the current practical situation. The previous period of review (POR7) had the result of 0% for Vietnam exporters. After a year, anti-dumping duty becomes so high, it is questionable.” – Mr. Truong Dinh Hoe gave some evidences.
Thirty out of 32 Vietnam shrimp exporters to the United States from 1st February 2012 to 31st January 2013 had to pay tax at 6.37%. The two remaining businesses are Minh Phu Seafood Corporation, with 4.98% levied and Soc Trang Seafood Joint Stock Company (STAPIMEX) with 9.75%. Other exporters had to pay 25.76%. This is the highest rate in the past 10 years.
“DOC’s imposition of anti-dumping duties on Vietnamese shrimp products is unfair and contradicts the principle of trade liberalization and the economic and trade ties between the two countries”, said Foreign Ministry spokesman Le Hai Binh on September 27. “Vietnamese businesses do not dump shrimp products on the US market and do not damage or threaten damage to the US shrimp industry”, the spokesman affirmed.
Expanding markets
High anti-dumping duty also directly affects US consumers. As tax increase, Vietnam now has to seek for other markets. In the background of reduction in shrimp production worldwide, there is a shortage in shrimp supply. US importers still has to import from Vietnam. Limited supply along with high anti-dumping tariff will result in higher prices.
Statistics on shrimp imports from USDA showed that in the first 7 months of 2014, average shrimp import prices ranged from US$ 9.1/kg to US$ 12/kg, upped 32% over the same period in 2013. Shrimp export price to the US increased dramatically in the past month. , Black tiger shrimp had high demand. Shrimp of 6-8 counted (in pound) is sold at US$ 12.8 - 13 /kg, up US$ 1 from June’s price. Vietnam shrimp exports to the US therefore had impressive growth. Statistics from Vietnam Customs show that as of 15th August 2014, shrimp exports to the US reached nearly US$ 700 million, up 80% year on year.
“Increase in price is still much lower than the tax rate imposed by DOC, creating losses for businesses. Companies have to move to other markets but value added products are still sold in US market.” said Mr. Nguyen Van Kich, General Director of Cafatex Corporation.
Shrimp exports to other markets had tremendous growth this year. As of August 2014, shrimp exports to South Korea reached US$ 201.6 million, up 99.6% year on year, making Vietnam become the largest shrimp supplier for South Korea. Shrimp exports to EU reached US$ 428.9 million, up 96.2%. Shrimp exports to Japan recovered, with growth rate of 5%.
Seizing opportunities from global shrimp shortage, whiteleg shrimp farming areas in Vietnam reached 81,700 hectare while that of black tiger shrimp remained unchanged at more than 560,000 hectare. Shrimp harvested was nearly 320,000 MT, up 6.8%.
(vasep.com.vn) In the first quarter of 2026, Vietnam’s shrimp exports reached USD 1.069 billion, up 17.5% compared to the same period in 2025. This is a positive result amid an uneven global shrimp market recovery, intensifying competition among major suppliers, and continued volatility in the international trade environment. However, this growth does not reflect a broad-based recovery across the entire sector, but rather is driven mainly by strong performance in a few markets and specific product segments—most notably lobster exports to China.
(seafood.vasep.com.vn) Vietnam’s tuna exports continued to decline in March 2026. Cumulatively, in the first three months of the year, export value reached USD 208 million, down 4% compared to the same period in 2025. The export landscape shows clear divergence across markets: while the U.S. and EU remain challenging, markets such as Russia, the Middle East, Egypt, the Philippines, and Mexico have emerged as growth bright spots.
(seafood.vasep.com.vn) In Quang Ngai Province, shrimp farming costs are rising sharply due to लगातार increases in feed, fuel, and input material prices, while farm-gate shrimp prices are declining. This has significantly reduced farmers’ profit margins and increased production risks.
(seafood.vasep.com.vn) Vietnam’s tilapia exports are experiencing impressive growth, reflecting expanding global demand as well as the sector’s development potential. However, behind the strong growth figures lie limitations in production capacity and supply chains, highlighting the need for sustainable development in the coming period.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to the Middle East in 2025 and early 2026 have shown notable growth. However, escalating geopolitical tensions in the region have increasingly impacted export activities since March. This situation presents a challenge of balancing market expansion opportunities with rising trade risks.
(seafood.vasep.com.vn) The Quang Tri Department of Agriculture and Environment has instructed localities to base their stocking schedules on actual conditions in each farming area, while developing plans, allocating resources, and implementing synchronized measures for disease prevention and disaster risk management in aquaculture production.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s exports of fish cakes and surimi exceeded USD 45 million, up 7% compared to the same period in 2025, indicating a positive outlook for this product segment amid recovering demand in many markets.
(seafood.vasep.com.vn) During the week from April 4th to 10th, 2026, Quang Ngai province intensified its monitoring and law enforcement activities with the determination to eliminate illegal, unreported, and unregulated (IUU) fishing practices.
(seafood.vasep.com.vn) Thanh Hoa’s shrimp sector is undergoing a strong transformation by accelerating the adoption of high technology, helping to improve productivity, increase profits, and meet market demands. The province currently has about 4,100 hectares of shrimp farming, with output continuing to rise despite stable farming area, mainly due to the shift from traditional methods to intensive and super-intensive farming.
(vasep.com.vn) Amid ongoing volatility in global seafood trade, Vietnam’s crab exports have made a fairly positive start to 2026. According to Vietnam Customs statistics, export turnover in the first two months of 2026 reached nearly USD 55 million, up 24% compared to the same period in 2025 and more than 2.2 times higher than in the same period of 2024. This indicates that crab exports are entering 2026 with stronger growth momentum, particularly in Asian markets.
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