The US again imposes high taxes on Vietnamese tra and basa fish.

The US Department of Commerce has just announced the preliminary decision of the 9th administrative review (POR 9) on tra and basa fish exported from Vietnam and announced the tax rate that will be applied to frozen tra fish fillets exported from Vietnam to the US market.

The tax rates applied to export shipments nearly two years ago, in the period from August 1, 2011 to July 31, 2012, all increased very high. The tax rates for products of Vinh Hoan Joint Stock Company and Hung Vuong Company both increased nearly double compared to the 8th review, up to 0.42 USD/kg for products of Vinh Hoan Company and 2.15 USD/kg for Hung Vuong Company.

The tax rate for other voluntary respondents who also participated in this review was lower but still amounted to 0.99 USD/kg, while for other companies it was 2.11 USD/kg.

Speaking to VNA reporters on September 4, a representative of the Vietnam Trade Office in the US said that this was a surprising and contradictory decision. The US Department of Commerce decided to select Indonesia as a replacement country to calculate the dumping margin and apply anti-dumping tax, even though Indonesia was not on the list of countries announced by the US Department of Commerce in November 2011. In addition,Indonesiais not a comparable country to base tax calculation in this case considering economic conditions as well as the characteristics of the farming and processing industry of tra and basa fish.

According to the US Department of Commerce's procedures, Vietnamese tra and basa fish exporting enterprises will have four months to review and appeal the decision of the 9th administrative review.

According to (VOV)- LC