Hanoi (VNA) – The Ministry of Industry and Trade (MoIT) has expressed its regret that the US Department of Commerce (DOC) on August 2 issued a determination according to which although many positive changes have been recorded in Vietnam's economy in recent years, Vietnam continues to be classified as a non-market economy. This means that enterprises exporting Vietnamese goods to the US market will continue to be treated differently in anti-dumping and countervailing investigations of the US, the actual production costs of Vietnamese enterprises will continue not to be recognised, instead, the "surrogate value" of a third country will be used to calculate dumping/subsidy margin in such cases. If the DOC had examined the records and practices in Vietnam objectively and fairly, they would have been able to acknowledge the fact that Vietnam is already a market economy like the 72 other recognised market economies, including major economies such as the UK, Canada, Mexico, Australia, Japan, India, the Republic Korea, and New Zealand, the MoIT noted. Over the past 20 years, it went on, Vietnam's economy has undergone remarkable changes and development. Vietnam has successfully signed and put into practice 17 free trade agreements, including new-generation and high-standard free trade agreements with the EU, the countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and the UK, with many extensive and comprehensive commitments from the reduction of duties to the raising of labour standards, environmental protection, sustainable development, government procurement, and transparency. These changes have been clarified in more than 20,000 pages of information and documents sent by the MoIT to the DOC, demonstrating Vietnam's strong progress in all the six criteria set forth by the DOC when considering the graduation to a market economy. The briefs provided by the MoIT for the DOC also fully and consistently demonstrate that Vietnam's level of implementation of these six criteria is at least equal to and generally better than the level of implementation by other countries that have been recognised as market economies; and in fact, equal to or better than countries that have always been considered as market economies. Therefore, based on the specific statutory criteria of US law, the recognition of the market economy for Vietnam is an objective and fair reality, according to the MoIT. The MoIT extended sincere thanks to 41 organisations, individuals, business associations, and trade associations in Vietnam and also the US for expressing strong support for the graduation of Vietnam to a market economy, including organisations and individuals representing US businesses such as the National Association of State Departments of Agriculture (NASDA), the American Chamber of Commerce (AmCham), the US-ASEAN Business Council (USABC), and the Retail Industry Leaders Association. It also said that it looks forward to the further companionship of the above-mentioned organisations and individuals in the future. In the coming time, the MoIT will continue to study and analyse the arguments in the DOC’s report assessing the Vietnamese economy so as to continue the supplementation and completion of the briefs and relevant dossiers to submit to the DOC to request another review to recognise the market economy status of Vietnam, which will further concretise the comprehensive strategic partnership between the two countries, thereby promoting bilateral economic, trade and investment cooperation and bringing practical benefits to businesses and people of both countries. In addition, the MoIT will always support and accompany Vietnamese enterprises exporting to the US market in trade remedy investigations to ensure the highest possible benefits for the Vietnamese business community, it added.
According to vietnamplus.vn
(seafood.vasep.com.vn) The year 2025 marked a pivotal milestone for Vietnam’s seafood industry in its restructuring process toward sustainability, transparency, and higher value creation, amid continued uncertainties in the global economic and trade environment. Prolonged inflation in major economies, the rising trend of trade protectionism, and increasingly stringent requirements related to environmental standards, traceability, and social responsibility have posed significant challenges to seafood production and exports. Nevertheless, overcoming these pressures, Vietnam’s seafood sector has gradually demonstrated its adaptability, maintained growth momentum, and laid an important foundation for the next stage of development.
(seafood.vasep.com.vn) Amid the increasingly evident impacts of drought and saltwater intrusion, the shrimp-rice production model in Ca Mau province continues to prove itself as a viable direction, contributing to higher farmer incomes, improved soil conditions and the promotion of ecological and sustainable agricultural development.
(seafood.vasep.com.vn) The management of fishing vessels, monitoring of fishing activities, and handling of violations in the fisheries sector in Lam Dong province have continued to be implemented in a synchronized and stringent manner, contributing to raising awareness of legal compliance among fishermen and aiming to end illegal, unreported and unregulated (IUU) fishing.
(seafood.vasep.com.vn) Can Tho’s fishery industry sustained steady growth in 2025 with total aquatic and marine output reaching nearly 783,000 tons, fulfilling 100% of the annual target. Aquaculture, capture fisheries and fishing fleet management were further strengthened, aiming for sustainable development in the coming years.
(seafood.vasep.com.vn) In 2025, Vietnam’s pangasius export turnover reached nearly USD 2.2 billion, up 8% year-on-year. This result indicates that pangasius exports maintained their growth momentum despite significant volatility in the global market environment. In December 2025, pangasius export value reached USD 200 million, up 10% compared to December 2024. This solid performance in the final month of the year reflects increased import demand for consumption and inventory replenishment in key markets.
(seafood.vasep.com.vn) In 2025, Vietnam’s tuna exports to Spain experienced significant fluctuations. According to Vietnam Customs, during the first 11 months of 2025, export turnover for the first 11 months of the year edged up by 0.3% year-on-year, reaching nearly $15 million.
(seafood.vasep.com.vn) Deputy Prime Minister Bui Thanh Son has signed Decision No. 16/QD-TTg, dated January 5, 2026, approving the implementation plan for the Vietnam-Israel Free Trade Agreement (VIFTA). Under the plan, in the coming period, ministries, ministerial-level agencies, government-affiliated entities and People’s Committees of provinces and centrally-run cities must institutionalize and execute tasks focused on the dissemination of information regarding VIFTA and the Israeli market; legislative and institutional development, as well as enhancing competitiveness and human resource growth...
(seafood.vasep.com.vn) Beyond achieving double-digit growth, Vietnam’s fish cake and surimi exports are showing a notable year-end "inflection point": the EU his accelerating with nearly twofold growth, China & Hong Kong are rising sharply, while the largest market, South Korea, signaled a slowdown in November. According to Vietnam Customs data, export turnover of fish cake and surimi reached $327 million in the first 11 months of 2025, up 22% year-on-year; November 2025 alone accounted for $35 million, marking a 5% increase. This serves as a critical foundation for exporters to reassess market structures and competitive intensity while finalizing order strategies for 2026.
(seafood.vasep.com.vn) Ca Mau, widely regarded as the nation’s “shrimp capital”, continued its strong performance in 2025 as shrimp output reached nearly 600,000 tons, maintaining its position as Vietnam’s leading shrimp-producing locality.
(seafood.vasep.com.vn) On December 29, 2025, at the 2025 Pangasius Industry Review Conference held in Can Tho City, the Vietnam Pangasius Association announced that fingerling prices have surged to record levels due to acute supply shortages.
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
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn
