Speaking in HCMC on Monday, VASEP general secretary Truong Dinh Hoe said the shrimp lawsuits will be discussed at the annual session of the ASEAN Seafood Federation (ASF), which is expected to take place in the city on June 26.
The meeting aims to seek a common voice and cooperation among seafood producing and exporting countries, especially in anti-dumping and anti-subsidy matters.
Last week, a working group of the U.S. Department of Commerce (DOC) launched an inspection into Minh Phu Corporation and Nha Trang Seafoods Joint Stock Company. The two shrimp exporters faced with the anti-subsidy lawsuit are being asked to provide information to two U.S. agencies, DOC and the International Trade Commission (ITC).
DOC on May 30 announced its preliminary decision on anti-subsidy duties on frozen shrimp imported from seven nations including Vietnam. Products from Minh Qui Company, an affiliate of Minh Phu Corporation, are subject to a 5.08% anti-subsidy duty while the rate for Nha Trang Seafood is 7.05%.
According to Nha Trang Seafoods, the investigation group of DOC had reached its farming areas to study and collect information.
Having announced a preliminary decision, DOC always checks enterprises subject to the duties. DOC and ITC operate independently during the investigation.
Last Friday, ITC announced that the U.S shrimp industry has suffered damages due to shrimp imported from Vietnam, China, Ecuador, India, Indonesia, Malaysia and Thailand, saying that the nations have been receiving government subsidies. Its decision has thrown support to DOC’s investigation.
Hoe said that other regional countries have also strongly reacted to the decision and said that they neither receive government subsidies nor cause losses to the U.S. shrimp farming industry. The unanimity of the countries may fetch better results at the final decision expected to be announced on August 13, Hoe said.
DOC announced its initial decision to impose an average anti-subsidy tariff of 6.07% on Vietnamese frozen shrimp, 2.5% upon Thailand, while Indonesia and Ecuador were exempted from duties.
According to ITC and DOC, the U.S. has around 58 enterprises with factories in nine states. In 2011, the nation was estimated to consume nearly 600,000 tons of shrimp which was mostly imported from the seven countries in the lawsuit. Imported shrimp value accounted for 87.6% of the U.S. market.