US decides on anti-dumping tax on Vietnamese pangasius
Bangladesh was chosen as the third country to calculate the dumping margin of Vietnamese pangasius.
Bangladesh was chosen as the third country to calculate the dumping margin of Vietnamese pangasius.
The US Department of Commerce (DOC) has just announced the final decision of the 7th administrative review of anti-dumping tax on frozen pangasius fillets from Vietnam entering the US market in the period from August 1, 2009 to February 15, 2010. There are 2 companies that enjoy anti-dumping tax of 0.
DOC made its final determination based on its review of the records, evidence, and comments from interested parties regarding the preliminary determination published by DOC on January 25, 2011.
In this final decision, DOC has selected Bangladesh as the third country to replace Bangladesh to calculate the dumping margin applied to Vietnamese pangasius. Previously, DOC increased the anti-dumping tax on pangasius to 130% by selecting the Philippines as the third country to replace Bangladesh to consider applying anti-dumping tax on Vietnamese pangasius.
Choosing the Philippines to replace Bangladesh is a decision that is disadvantageous to Vietnamese businesses, because the price of fish feed in Vietnam is only about 0.5 USD/kg, while in the Philippines it is nearly 2 USD/kg.
In addition, DOC also adjusted the anti-dumping tax rate on pangasius imported into the US by IDI Multinational Investment and Development Joint Stock Company and Thien Ma Import-Export Company Limited (THIMACO) to zero.
According to VOV
