Update news VASEP
VietNamNet Bridge – The US Department of Commerce has dropped a 4.7 per cent anti-dumping tax on Vietnamese shrimps. The tax had been in place since 2004. The new zero rate will be applied for two years until a new review is made.
While Vietnam has successfully handled with the shrimp EMS (early mortality syndrome), the epidemic has been spread out in many countries, including Thailand. This could be the golden opportunity for Vietnam to become the biggest shrimp exporter.
No perfect solution has been found to reduce the number of refused seafood exports. Meanwhile, enterprises have to spend more money for temporary solutions.
There were the “billionaires’ islets” in Mekong Delta, where farmers got rich with their catfish farming.
Experts are calling on the Government to devalue the Vietnamese dong by three to four per cent against the US dollar, saying this adjustment would provide much-needed relief to export firms.