According to information from the Vietnam Association of Seafood Processing and Export (VASEP), on June 7th, the US Department of Commerce (DOC) announced the preliminary results of the 19th administrative review (POR19) of the anti-dumping duty order on frozen warmwater shrimp imported from Vietnam for the period from February 1, 2023 to January 31, 2024.
According to the announcement, the DOC determined that Thong Thuan Company (including Thong Thuan Cam Ranh) did not engage in dumping, with a dumping margin of 0%.
Meanwhile, STAPIMEX Company was subjected to a preliminary tax rate of up to 35.29%. This rate was also applied to 22 other businesses in the group eligible for a separate tax rate but not subject to mandatory inspection, instead of applying the weighted average tax rate from the two mandatory respondents as is customary.
VASEP and related businesses are extremely surprised and deeply concerned about this unusually high preliminary tariff rate. Throughout the 19 years that Vietnam has participated in administrative reviews of the US anti-dumping case against shrimp, no Vietnamese company has ever been subjected to a double-digit preliminary tariff.
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| According to VASEP, throughout the 19 years that Vietnam has participated in the administrative reviews of the US anti-dumping case against shrimp, no Vietnamese enterprise has ever been subjected to preliminary tariffs at double-digit levels. |
"This is reminiscent of what happened in the POR12 period, when the DOC also applied a preliminary tariff rate of 25.76% to FIMEX Company due to a calculation error and then adjusted it to 4.58% in the final result. Therefore, VASEP and businesses have every reason to believe that there was a mistake or error in this result," VASEP assessed.
According to VASEP, STAPIMEX Company has made thorough preparations and is confident in its accounting system to achieve the lowest possible tax rate.
However, VASEP and the businesses believe that there have been some errors on both sides leading to inaccurate data, with this preliminary result being inexplicably high. STAPIMEX will quickly supplement the data and is confident that the final result will accurately reflect the reality of Vietnamese businesses' exports – without dumping into the US market.
Although the preliminary results are not immediately effective and may be adjusted in the final results (expected to be announced in December 2025), this information has already had a negative impact on the sentiment of US importers, affecting purchasing plans, export orders, and, more worryingly, impacting the morale and operations of shrimp farmers in Vietnam.
In 2025, as the Trump administration initiates a policy of imposing high retaliatory tariffs on many countries, including Vietnam, the current unusual preliminary tariff levels further exacerbate the challenges facing the Vietnamese shrimp industry in accessing the US market.
"VASEP urgently requests the DOC to reconsider the calculations in the preliminary results, ensuring objectivity, fairness, and adherence to established practices in previous reviews, in order to protect the legitimate rights of Vietnamese businesses and maintain stability in seafood trade between the two countries," VASEP stated.
Source: Nguoi Lao Dong Newspaper
Source: https://baosoctrang.org.vn/kinh-te/202506/my-vua-cong-bo-dieu-gi-khien-nganh-tom-viet-phai-chu-y-5f01d55/
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