The US Department of Commerce (DOC) has just announced the preliminary conclusion of the second administrative review of anti-dumping duties (AD) on pure honey imported from Vietnam, showing a "shocking" tax reduction compared to the previous period.
The two mandatory defendants in the anti-dumping tax case are both the largest honey exporters in Vietnam. Specifically, Ban Me Thuot Honey Company and DakHoney were respectively subject to tax rates of 6.72% and 21.55%.
In addition, 12 Vietnamese enterprises eligible for separate tax rates will be applied a rate of 14.14%, equal to the simple average of the margins of the two mandatory defendant companies.
This tax rate has been significantly reduced compared to the final tax rate of the first review period from August 25, 2021 to May 31, 2023, issued in April 2025, with tax rates ranging from 100.72% to 156.96%. This is considered a rare deep reduction from the US side.
The remaining companies that do not qualify for individual rates or do not participate in the review or are new exporters will continue to be subject to the original nationwide rate of 60.03%.
Experts say that the DOC’s sharp reduction in anti-dumping tax is a positive signal not only for the honey industry but also reflects the improving trade relationship between the two countries. If the final conclusion remains the same, Vietnamese honey will regain a significant competitive advantage over products from other countries in the US market.
Source: https://baogialai.com.vn/mat-ong-nguyen-chat-nhap-khau-tu-viet-nam-duoc-my-giam-thue-manh-post573125.html
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