According to the announcement, DOC determined that Thong Thuan Company (including Thong Thuan Cam Ranh) did not dump, with a dumping margin of 0%. Meanwhile, Soc Trang Seafood Joint Stock Company (STAPIMEX) was imposed a preliminary tax rate of up to 35.29%. This tax rate was also applied to 22 other enterprises in the group eligible for separate tax rates, but were not subject to mandatory inspection, instead of applying the weighted average tax rate from two mandatory respondents as usual.
The Vietnam Association of Seafood Exporters and Producers and related businesses were extremely surprised and deeply concerned about this unusually high preliminary tax rate. During the 19 years that Vietnam has participated in the administrative reviews of the shrimp anti-dumping lawsuit in the United States, no business has ever been imposed a double-digit preliminary tax rate. This is reminiscent of the case that happened in POR12, when DOC also imposed a preliminary tax rate of 25.76% on FIMEX Company due to a calculation error and then adjusted it to 4.58% in the final result. Therefore, Vasep and businesses believe that there was confusion and error in this result.
According to Vasep, STAPIMEX Company has prepared its documents carefully and is confident with its accounting system to get the lowest tax rate. However, Vasep and the businesses believe that there were errors on both sides, leading to incorrect data, so this preliminary result is unexpectedly high. STAPIMEX Company will quickly supplement the data and believes that the final result will accurately reflect the reality of Vietnamese enterprises' exports, which is not dumping into the US market.
Although the preliminary results are not yet effective and may be adjusted in the final results (expected to be announced in December 2025), this information has been negatively affecting the psychology of US importers, affecting purchasing plans, export orders and, more worryingly, affecting the psychology and operations of shrimp farmers in Vietnam. In 2025, in the context of the Trump Administration launching a policy of imposing high reciprocal tariffs on many countries, including Vietnam, the current unusual preliminary tax rate further aggravates the challenges that the Vietnamese shrimp industry is facing when accessing the US market.
Vasep will soon request the DOC to review the calculations in the preliminary results, ensuring objectivity, fairness and compliance with practices implemented in previous reviews, to protect the legitimate rights of Vietnamese enterprises and maintain stability in seafood trade between the two countries.
According to VNA
Source: https://baothanhhoa.vn/my-cong-bo-ket-qua-so-bo-ve-thue-chong-ban-pha-gia-voi-tom-viet-251347.htm
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