shrimp exporters

Update news shrimp exporters

BUSINESS IN BRIEF 29/10

PVcomBank, PVGas sign co-operation pact; Vietnam violates key economic principles, says minister; State Bank to continue restructuring banking system; Public debt disadvantages new airport project, Transport Minister

Vietnamese seafood companies shrink back in shrimp war

 VietNamNet Bridge – The high costs incurred by Vietnamese shrimp exporters on lawsuits and administrative procedures have had a discouraging effect on them.

POR8 stuns Vietnamese shrimp exporters

The nation’s high anti-dumping tax on the shrimps from Vietnam at 25.76 percent has been decided by the US Department of Commerce in the eighth period of review (POR8). But Vietnamese hope they still have the chances to petition for lower tax rates.

“Farmer – exporter war” inhibits shrimp export

 VietNamNet Bridge – Shrimp exporters have been gearing up to fulfill the export contracts. Meanwhile, farmers refuse to sell shrimp at this moment, because they hope the prices would go up in the future.

The door to US shrimp market open widely after won lawsuits

Vietnamese seafood exporters have got off the hook after the US DOC dropped the 4.7 percent anti-dumping tax on Vietnam’s shrimp. It has also won the CVD lawsuit. The “brace” is believed to pave the way for more shrimp exports to the US market.