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%.
(seafood.vasep.com.vn) The year 2026 marks a period of strong growth for Vietnam’s tilapia industry, but it is also a time when international export competition is becoming increasingly intense. Vietnam’s tilapia exports reached USD 99 million in 2025, up 140% compared to the previous year. In the first four months of 2026 alone, export value reached USD 49 million, a 151% increase year-on-year. As global demand for affordable whitefish continues to rise, Vietnam is emerging as a noteworthy competitor to traditional tilapia powerhouses such as China, Indonesia, Brazil, and Egypt.
(seafood.vasep.com.vn) With continued policy support, technological innovation and close coordination among authorities, businesses and farmers, Vietnam’s pangasius industry is expected to make a strong and sustainable breakthrough during the 2026–2030 period, reinforcing its position as the world’s leading exporter of the fish.
(seafood.vasep.com.vn) During the first four months of 2026, Vietnam’s tilapia exports to Asian markets showed varying trends across regions and countries. The Middle East recorded strong growth, with Saudi Arabia emerging as the largest Asian market for Vietnamese tilapia. ASEAN markets also expanded significantly, driven primarily by Malaysia. Meanwhile, Japan maintained solid growth, while exports to South Korea declined compared to the same period in 2025.
(seafood.vasep.com.vn) Shrimp and pangasius continued to lead growth, helping seafood exports reach $4.67 billion in the first five months of the year; however, differentiation among product groups and increasingly stringent requirements from importing markets are posing many challenges for the industry.
(seafood.vasep.com.vn) Every day, the seafood processing industry in Ca Mau generates large quantities of shrimp heads and shells during processing operations. In the past, these by-products were largely treated as waste, increasing production costs and posing potential environmental risks. However, thanks to advanced processing technologies, materials once considered waste are now being transformed into high-value products, creating a circular economy model within the seafood industry.
(seafood.vasep.com.vn) Vietnam Clean Seafood Corporation has invested in a 280-hectare super-intensive shrimp farming zone in Tran De Commune, Can Tho City, generating export value of approximately VND 3 billion per hectare per year—around 50 times higher than traditional agricultural production.
(vasep.com.vn) Vietnam’s seafood exports reached USD 1.02 billion in May 2026, up 0.6% year-on-year. Cumulative exports in the first five months of 2026 totaled USD 4.67 billion, an increase of 11% compared to the same period in 2025.
(seafood.vasep.com.vn) In a rapidly changing global seafood market, timely insights and reliable data are more critical than ever. The Report on Vietnam Seafood Exports in Q1/2026 provides a comprehensive overview of the latest developments in Vietnam’s seafood production, trade performance, and export trends, helping businesses navigate uncertainty and identify new growth opportunities.
(seafood.vasep.com.vn) While many major markets continue to experience slow growth, Russia has emerged as a brighter destination for Vietnamese tuna exports in early 2026. Export turnover to this market increased by nearly 55% in the first four months of the year, indicating a clear improvement in demand. Nevertheless, Russia remains a market that should be viewed with both optimism and caution.
(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.
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