Vasep

Illustrative photo (Photo: VNA) Hanoi (VNA) – Vietnam’s tra fish exports to the US is expecting a better outlook in the remaining months of this year after getting some good news. In early September, the US Department of Commerce (DOC) lowered anti-dumping duties on frozen tra fish filets from Vietnam following its latest preliminary conclusion. The Federal Register, the daily journal of the US government, published the preliminary results of the 19th anti-dumping duty administrative review (POR19) by DOC on Vietnam’s frozen tra fish filets exported to the US in the August 1, 2021 - July 31, 2022 period. Accordingly, the US authority determined that two Vietnamese companies, Vinh Hoan Corporation and Can Tho Import Export Seafood Joint Stock Company (Caseamex), which were selected for individual examination as mandatory respondents, will enjoy a tax rate of 0 USD per kilo and 0.14 USD per kilo, respectively. A rate of 0.14 USD per kilo will be applied to other … [Read more...] about Good news for Vietnam’s tra fish exports to US

Tra fish exports fetch 558 million USD in the first four months, a decline of 40% year-on-year. (Photo: VietnamPlus) Hanoi (VNA) – Export enterprises must make reasonable adjustments and diversify their export products based on the specific demands of each market, and seek to take advantage of free trade agreements and explore new markets in order to compensate for drops in farm product exports to existing markets, said Minister of Agriculture and Rural Development Le Minh Hoan. Although the export of agro-forestry-aquaculture products experienced steady growth in 2022, the overall export picture in the first four months of 2023 has shown contrasting developments. While the export of aquatic and forestry products has continuously declined, the shipment of rice and fruits has seen robust growth. Key export sectors see sharp plummet According to the Global Commodity Markets Outlook 2023 released recently by the World Bank (WB), commodity prices in 2023 are … [Read more...] about Exploring new markets needed to boost export of agricultural products: Minister

In early September, the U.S. Department of Commerce (DOC) lowered anti-dumping duties on frozen tra fish filets from Vietnam following its latest preliminary conclusion. The Federal Register, the daily journal of the U.S. government, published the preliminary results of the 19th anti-dumping duty administrative review (POR19) by DOC on Vietnam’s frozen tra fish filets exported to the U.S. in the August 1, 2021 - July 31, 2022 period. Accordingly, the U.S. authority determined that two Vietnamese companies, Vinh Hoan Corporation and Can Tho Import Export Seafood Joint Stock Company (Caseamex), which were selected for individual examination as mandatory respondents, will enjoy a tax rate of 0 USD per kilo and 0.14 USD per kilo, respectively. A rate of 0.14 USD per kilo will be applied to other companies including Cafatex Corporation, International Development and Investment Corporation, Loc Kim Chi Seafood Joint Stock Company, and Hung Vuong Corporation. The preliminary tax rate … [Read more...] about Good news for Vietnam’s tra fish exports to U.S.

VASEP said there were some changes in the export patterns in August. After declining steadily, exports to the U.S. increased by 2% bolstered by a 24% jump in shipments of canned tuna. But exports for the year-to-date were 45% down from 2022 at US$208 million. Exports to the EU saw a 37% surge, including a 45-fold rise in shipments to Italy. Smaller markets like Thailand and the Philippines also bought more tuna. Shipments to members of the CPTPP trade deal like Japan, Canada and Mexico fell by 53%, 49% and 14%. Exports for the year have been worth $545 million, down 25% from the same period last year. … [Read more...] about Tuna exports rise to year’s highest levels

Vietnam’s aquaculture industry has not only served the sizable domestic market with a population of about 100 million but also gradually conquered the world market, said Truong Dinh Hoe, General Secretary of the Vietnam Association of Seafood Exporters and Producers (VASEP). Hoe said that along with the growth of global seafood consumption demand, Vietnam's aquaculture product export turnover has maintained growth for many years and reached 11 billion USD in 2022, 12 times higher than that of 1998. Not only growing in output, Vietnamese aquacultural products are also considered a source of protein with stable quality and increasingly high nutritional value, contributing to ensuring food supply for people arround the world. Currently, Vietnam is the third largest seafood exporter in the world, after China and Norway. Vietnam’s fisheries industry now has advantages. First, seafood consumption is increasing globally while natural aquatic resources are limited and seafood supply must … [Read more...] about Vietnam’s aquaculture top position on world map

Processing tra catfish fillets for export at the Cửu Long An Giang Seafood Import-Export JSC in the Mekong Delta province of An Giang. — VNA/VNS Photo Vũ Sinh Việt Nam’s tra fish exports to the US are expecting a better outlook in the remaining months of this year after receiving some good news. In early September, the US Department of Commerce (DOC) lowered anti-dumping duties on frozen tra fish fillets from Việt Nam following its latest preliminary conclusion. The Federal Register, the daily journal of the US government, published the preliminary results of the 19th anti-dumping duty administrative review (POR19) by DOC on Việt Nam’s frozen tra fish fillets exported to the US for the period of August 1, 2021 to July 31, 2022. Accordingly, the US authority determined that two Vietnamese companies, Vĩnh Hoàn Corporation and Cần Thơ Import Export Seafood Joint Stock Company (Caseamex), which were selected for individual examination as mandatory respondents, will enjoy a tax … [Read more...] about Good news for Việt Nam’s tra fish exports to US