VASEP opposes US anti-subsidy duty on Vietnamese shrimp

The Vietnam Association of Seafood Exporters and Producers (VASEP) on August 14 raised objections against the US Department of Commerce (DOC) decision to impose countervailing duties on frozen shrimp from Vietnam.

VASEP said that this decision is unfair for Vietnamese shrimp producers and exporters as these companies have been operating in line with market mechanism and have not received any subsidy from the State for years.

The decision to impose anti-dumping and anti-subsidy duties on Vietnamese shrimps is unfair and directly affects the livelihood of more than 600,000 farmers, workers, and exporters in Vietnam.
VASEP called on the US International Trade Commission to be impartial and make right and sensible decisions to end the lawsuit once and for all.

Earlier, DOC decided to impose anti-subsidy duty of 7.88 percent on products of Minh Quy Seafood Co. Ltd; 1.15 percent on products of Nha Trang Seaproduct Co.; and 4.52 percent on products of other Vietnamese shrimp exporters.

Besides Vietnam, DOC also imposed duty on shrimp imports from Malaysia at 54.5 percent, China at 18.16 percent, Ecuador at 13.51 percent, and India at 11.14 percent.

By Cong Phien, T.Mai - Translated by Thuy Doan

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