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) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.
(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.
(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
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