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US reduces anti-dumping tax for 8 Vietnamese pangasius enterprises

Tạp chí Doanh NghiệpTạp chí Doanh Nghiệp20/09/2024


DNVN - Eight Vietnamese pangasius exporting companies involved in the anti-dumping tax review by the US Department of Commerce (DOC) all received a tax rate of 0 USD/kg, a decrease compared to the official tax rate of the previous POR19 review, which ranged from 0 USD/kg to 0.18 USD/kg.

According to the Department of Trade Defense ( Ministry of Industry and Trade ), on September 17, 2024, the US Department of Commerce (DOC) announced the conclusion on anti-dumping tax (CBPG) on frozen tra and basa fish fillets from Vietnam.

DOC has announced the preliminary results of the 20th review (POR20) on anti-dumping duties on frozen pangasius fillets from Vietnam exported to the US for the period from August 1, 2022 to July 31, 2023.

In this review, 8 Vietnamese exporting enterprises were involved. DOC selected 2 enterprises as mandatory respondents.

Illustration photo.

According to the preliminary conclusion, the two defendant enterprises are required to receive an anti-dumping tax rate of 0.00 USD/kg. The remaining 6 enterprises are all eligible to receive individual tax rates of 0.00 USD/kg. Because the plaintiff has withdrawn the request to review the national tax rate, the national tax rate remains at 2.39 USD/kg.

Because the US has not recognized Vietnam as a market economy , DOC uses the surrogate values ​​of third countries to calculate the dumping margin for Vietnam.

In this review, DOC selected Indonesia as a surrogate country to calculate the dumping margin because DOC believes that Indonesia has a similar level of economic development to Vietnam. Indonesia has large pangasius producers similar to Vietnam during the review period. Indonesia's surrogate data is reliable to help DOC assess Vietnam's production factors.

The Trade Defense Department said that the preliminary results were quite positive for Vietnamese tra and basa fish exporters as all eight companies in the review received a tax rate of 0.00 USD/kg. The above tax rate was reduced compared to the official tax rate of the previous POR19 review, which ranged from 0.00 USD/kg to 0.18 USD/kg.

DOC is expected to issue the final conclusion of this review within 120 days from the date of issuance of the preliminary conclusion, approximately January 31, 2025.

According to the Trade Remedies Authority, recently, DOC has issued a notice allowing parties to submit requests for anti-dumping tax review for the next review (POR21) for the period from August 1, 2023 to July 31, 2024.

To date, a number of Vietnamese companies and US plaintiffs have submitted requests for review. DOC is expected to consider initiating the next administrative review around October 2024.

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Source: https://doanhnghiepvn.vn/kinh-te/my-giam-muc-thue-chong-ban-pha-gia-cho-8-doanh-nghiep-ca-tra-viet-nam/20240920023213718

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