Processing shrimp for export in the Mekong Delta

(VOVworld) - The US Department of Commerce has acknowledged for the first time that no Vietnamese shrimps are being dumped and applied a zero tax rate on shrimp products exported to the US. According to the Viet Nam Association of Seafood Exporters and Processors (VASEP), the DOC on Tuesday made a final decision after completing its administrative review of the anti-dumping duty order on certain frozen warm water shrimp from Vietnam for the 7^th period of review (POR 7) from February 1, 2011 to January 31, 2012. The decision means all 33 Vietnamese shrimp processors will enjoy a zero tax rate on shrimp products imported into the US during the reviewed period. The association said the US imposed an average anti-dumping tax rate of 4.57% on frozen warm water shrimp imported from Vietnam following POR 1 from July 2004 to January 2006. Since then, seven reviews have been carried out. The association filed a petition to the DOC, affirming that Vietnamese businesses operate under the market economy mechanism. Their all-out efforts to pursue the case have paid off and this is the first time the DOC has acknowledged that Vietnamese shrimp processors do not harm the US market.