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
Shrimp has been the most important export product of Vietnam’s seafood industry for many years, typically accounting for 35–45% of the country’s total seafood export value. With a well-developed farming, processing, and export system, Vietnam has become one of the world’s leading shrimp exporters.
(seafood.vasep.com.vn) As geopolitical tensions in the Middle East continue to escalate, the global food market is facing increasing volatility in logistics costs, energy prices, and supply chains. In the seafood sector, alongside ocean-caught products such as tuna, the surimi-based product group—including fish cakes, crab sticks, fish balls, and other imitation seafood products—has also been affected to some extent by these developments.
(seafood.vasep.com.vn) According to the 2026 brackish-water shrimp farming calendar issued by the Da Nang Department of Agriculture and Environment, the 2026 crop started in early January and is expected to harvest in late June. However, stocking progress has been slower than planned as farmers remain cautious, focusing on pond renovation and production preparations.
(seafood.vasep.com.vn) After the Lunar New Year of Binh Ngo 2026, commercial clam prices in Ha Tinh province surged sharply, nearly doubling compared to normal levels and standing about 20–30% higher than the same period last year. The spike has encouraged many aquaculture households to accelerate harvesting and sell large volumes to the market.
(seafood.vasep.com.vn) In January 2026, Vietnam’s shrimp exports reached USD 379.6 million, up 22% compared to the same period in 2025. The double-digit growth in the very first month of the year signals a relatively positive recovery in orders, particularly in Asian markets.
(seafood.vasep.com.vn) From the very beginning of 2026, India’s shrimp industry has received a series of favorable trade signals: U.S. reciprocal tariffs have been reduced, while the successful conclusion of a Free Trade Agreement (FTA) with the EU has opened prospects for eliminating nearly all seafood tariffs in the coming years. This shift not only enables Indian shrimp to quickly offset declines in the U.S. market, but also reshapes the global competitive landscape, placing greater pressure on Vietnamese shrimp exporters in terms of price, market share, and strategic positioning.
(seafood.vasep.com.vn) Entering 2026, Vietnam’s pangasius industry is recording many positive signals, both in terms of raw fish prices and export prospects. Export turnover this year is projected to reach approximately USD 2.3 billion. Amid ongoing volatility in the global market, diversifying export destinations, reducing dependence on major markets, and effectively leveraging free trade agreements (FTAs) are considered key to maintaining sustainable growth and creating new momentum for the pangasius sector.
(seafood.vasep.com.vn) With forecasts indicating that weather conditions in 2026 may become more complex—featuring prolonged heatwaves, unseasonal rains, and increased salinity intrusion—the agricultural sector of Can Tho City advises brackish water shrimp farmers to strictly follow the seasonal farming calendar and strengthen pond environmental management to minimize risks and improve production efficiency.
(seafood.vasep.com.vn) On February 4, a working delegation led by the Authority of Telecommunications (Ministry of Science and Technology) met with the Management Board of Cat Lo Fishing Port (Phuoc Thang Ward, Ho Chi Minh City) to comprehensively review the installation of Vessel Monitoring Systems (VMS), assess signal connectivity, and evaluate the effectiveness of information technology applications in fisheries management across the city.
(seafood.vasep.com.vn) The year 2025 marked a significant milestone for China’s lobster market, with total imports reaching a record high and the supply structure undergoing major changes. Amid this surge, Vietnam’s lobster exports—especially green lobster—accelerated dramatically, reaching new highs and contributing substantially to Vietnam’s overall record shrimp export value.
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