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) Vietnam’s shrimp industry is entering a period of strong transformation with the emergence of various high-tech farming models, helping improve productivity and competitiveness. Over the past 5–10 years, farming practices have shifted from traditional methods to intensive and super-intensive systems, featuring lined ponds, environmental sensors, automated feeding, and data management.
(seafood.vasep.com.vn) With a focus on sustainable development, high-tech application, and climate change adaptation, An Giang Province aims to maintain its brackish water shrimp production in 2026 at a level equivalent to the previous year. Specifically, output is projected to reach over 155,510 tons, serving both domestic consumption and export processing, thereby sustaining the fisheries sector’s key role in the local economic structure.
(seafood.vasep.com.vn) In the Mekong Delta, key pangasius farming provinces such as An Giang, Dong Thap, and Can Tho are accelerating the transition toward a circular economy model, contributing to higher product value and reduced environmental impact. Instead of focusing solely on farming and processing, the pangasius value chain is increasingly utilizing by-products and waste streams to generate added value.
(vasep.com.vn) Vietnam’s scallop exports are entering a phase of impressive growth, as the global market undergoes significant restructuring. In 2025, scallop export value reached nearly USD 66 million, up 49% from USD 44 million in 2024. This upward momentum has continued and accelerated into early 2026, with exports totaling USD 18.1 million in the first two months alone—an increase of 166% year-on-year. This represents an exceptionally high growth rate, reflecting the rapid expansion of a relatively new product segment within Vietnam’s mollusk export portfolio.
(seafood.vasep.com.vn) – On March 19, at the Government Headquarters, Prime Minister Pham Minh Chinh held a meeting with the European Commission (EC) inspection delegation on combating illegal, unreported and unregulated (IUU) fishing, led by Mr. Fernando Andresen Guimaraes, Head of Unit at the Directorate-General for Maritime Affairs and Fisheries (DG MARE).
(vasep.com.vn) Australia is emerging as one of the most stable and promising growth markets for Vietnamese shrimp. Amid global trade disruptions driven by geopolitical tensions—particularly conflicts in the Middle East—strengthening and expanding into stable markets like Australia has become increasingly important for Vietnam’s shrimp industry.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s squid and octopus exports reached over USD 111 million, up 23% compared to the same period in 2025. This result indicates a positive start for the sector, reflecting early signs of demand recovery in multiple markets from the beginning of the year.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s fisheries sector maintained positive growth momentum, with shrimp output exceeding 132 thousand tons. This result contributed to a strong increase in seafood export turnover, despite ongoing volatility in the global economy.
(seafood.vasep.com.vn) Vietnam’s tilapia exports maintained strong growth momentum in February 2026, with many markets recording sharp increases compared to the same period last year. In February alone, export value reached USD 8.4 million, up 148% year-on-year. Cumulatively, in the first two months of 2026, total tilapia export turnover hit USD 23 million, soaring 242% compared to the same period in 2025.
(seafood.vasep.com.vn) In global seafood trade, sensory evaluation is increasingly becoming one of the key “technical barriers” in many importing markets-especially the United States. Issues such as filth, and signs of decomposition/spoilage are often detected through sensory evaluation methods and remain common reasons for seafood import alerts, detentions, or shipment rejections.
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