US cuts anti-dumping tariff on Vietnam shrimps

The US Department of Commerce (DOC) has approved to further cut the antidumping tariff on Vietnamese frozen shrimp exported to the country between February 1, 2009 and January 31, 2010, according to the Vietnam Association of Seafood Exporters and Processors.

The new tariffs, resulted from DOC’s 5th review session on the matter, are lower than the rate that DOC announced in September last year.

Accordingly, 29 Vietnamese shrimp exporters will enjoy the reduction: from 3.92 percent to 1.52 percent.

The common rate for the others who are not eligible for the tax cut is 25.76 percent.

Moreover, the tariff is exempted for Nha Trang Seaproduct Company while it was reduced from 2.95 percent to 1.67 percent for Minh Phu Seafood Joint Stock Company, and from 3.92 to 1.36 percent for Canimex Company.

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