Seafood Export To America Market: 0% Tax Rate On 4 Companies (15 / 03)
VASEP (Vietnam Association Seafood Exporters and Producers) informed DOC (Department of Commerce) had announced the final result of the dumping tax rate consideration on frozen Pangasius fillet from Vietnam from 1st August 2007 to 31st July 2008.

This is the fifth time DOC considers its anti – dumping tax on frozen Pangasius businesses. Accordingly, DOC affirmed that 4 seafood export companies of Vietnam including QVD, Vinh Hoan, Samefico and Cadovimex II hadn’t sold their products at the price that was lower the market price in America. Consequently, these 4 companies enjoy the tax rate at 0%. 

However, Mr. Nguyen Huu Dung, the Deputy President of VASEP said that this was just the briefing decision of DOC. The final decision will be announced 3 – 4 months later. Additionally, the 0% tax rate applied for 4 frozen fillet Pangasius will be changed annually. 

Source: SGGP

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