The US Department of Commerce (DOC) has issued a preliminary conclusion on the anti-subsidy investigation into frozen warm water shrimp originating in Vietnam, according to the Trade Remedies Authority of Vietnam (TRAV).

Vietnam, one of the largest suppliers of farmed shrimp to the United States, will have to pay preliminary countervailing duties (CVD) from 1.69% to 196%, starting this weekend, according to the Vietnam Association of Seafood Exporters and Producers.

The US Department of Commerce (DOC) has issued a notice regarding the acceptance period for requests for antidumping and countervailing duty administrative reviews regarding certain imported products from Vietnam.

Vietnam earned nearly US$97 billion from its exports to the United States last year, representing a decline of 11.3% year on year, according to the Ministry of Industry and Trade.

Products sourced from various countries, including Vietnam, are expected to increase their market share in the United States amid Chinese exports to this market decreasing.

The United States is Vietnam’s largest consumer of pepper, making up more than one fifth of the supplier’s total exports, according to the General Department of Customs.

Vietnam's exports to the EU and the US in 2023 were estimated to reach around 166 billion USD, a 9.6% decrease while imports were estimated at nearly 41 billion USD, a 9.1% drop in comparison to 2022.

Vietnam’s total trade with European and American markets is estimated to decrease by 9.5% year-on-year to around 208 billion USD in 2023, but the country still enjoys a trade surplus of 125 billion USD.

FPT on December 14 announced the establishment of FPT Automotive specializing in  automotive software, with headquarters in Texas, the US, in the plan to enter the automobile software market worth hundreds of billions of dollars.

The first batch of 16 tons of “Dien” pomelos from Luong Son district, the northern province of Hoa Binh, was exported to the U.S. on December 5.

The US has retained its position as Vietnam's largest export market in recent years, while Vietnam has become the US' 7th largest trading partner and the largest trading partner of the US in the ASEAN region.

The US-based Noble House Home Furniture LLC has filed for bankruptcy under Chapter 11 with the US Court in the District of Houston, Texas amid inflation and weak consumer spending.

The Ministry of Industry and Trade (MOIT) has published a list of products that could potentially be subjected to U.S. trade remedies and origin fraud investigations.

The US’s increased trade defence measures on imports in general and Vietnamese goods in particular has made it increasingly hard to export to this market, according to Counsellor and head of the Vietnam Trade Office in the US Do Ngoc Hung.

Vietnam’s tra fish exports to the US is expecting a better outlook in the remaining months of this year after getting some good news.

The United States is Vietnam’s largest seafood export market in in the first eight months of the year, with turnover reaching US$1.01 billion, an annual decline of 37%, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

VASEP said that it has received preliminary results of the US Federal Register’s 19th anti-dumping duty review on VN's frozen fish fillet in the period from August 1, 2021, to July 31, 2022, with positive features.

The United States maintained its position as Vietnam’s largest export market with an estimated turnover of US$62.3 billion in the opening eight months of this year, according to the Ministry of Industry and Trade.

The U.S. Food Safety and Inspection Service (FSIS) recently conducted a thorough review of the food hygiene and safety management system pertaining to Vietnamese tra fish exports to the United States.