[enviro-vlc] US increases anti-dumping tax on catfish from Vietnam

[vern weitzel]

From: Stephen Denney <srdenney at gmail.com>
Date: 13 September 2010 11:38:24 PM PDT
To: vnnews-l at anu.edu.au
Subject: [vnnews-l] FR-US/TRADE: US increases anti-dumping tax on catfish from Vietnam

http://www.saigon-gpdaily.com.vn/Business/2010/9/85553/

Monday ,Sep 13,2010, Posted at: 15:48(GMT+7)
US increases anti-dumping tax on catfish from Vietnam

Vietnam Association of seafood exporters and producers (VASEP) Sunday
said the US Department of Commerce had issued a decision on
anti-dumping tax over catfish imported from Vietnam, increasing tariff
on numerous Vietnamese businesses.
Tariffs on frozen catfish fillet from Vietnam will be increase by
100-120 percent.

The department reconsiders the decision and tax on Vietnamese fish
exporters every year. Last year some of Vietnamese companies were
ruled out from the list of dumping goods and enjoyed zero tariffs.

However, this year taxes on frozen catfish fillet will be up 100-120
percent at US$4.22/kg, which is higher than marked prices of that in
the US market.

It is expected that catfish companies will heavily lost and face more
barriers in the US market.

Fish breeding, processing and exporting in the Mekong Delta of Vietnam
have been strongly investing and developing. As a result, product
costs of catfish in Vietnam are lower than those in other countries.

VASEP is collaborating with relevant authorities and businesses to
send a requirement to the department for reconsidering the taxes on
catfish from Vietnam, avoiding effects on two sides’ trade relations.


By Huynh Phuoc Loi-Translated by Quynh Nhu

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