Showing posts with label taxes fish. Show all posts
Showing posts with label taxes fish. Show all posts

Sunday, November 7, 2010

VASEP decries tariffs on tra fish

catfish
Photo: Tuoi Tre

The anti-dumping tariffs imposed on tra fish exported from Vietnam to the American market from August 2008 to July 2009 were not reasonable, said the Vietnam Association of Seafood Exporters and Producers (VASEP).

In accordance with the US Department of Commerce (DOC)'s preliminary decision, Vietnamese businesses paid US$4.22 per kilo in taxes, while tra fish's market price in the US was lower than the Vietnamese product's after-tax prices, said Nguyen Huu Dung, VASEP vice chairman.

The domestic firms incurred huge losses due to high anti-dumping tariffs, Dung said. He said that the association was now coordinating with relevant agencies and businesses to ask the DOC to reconsider its anti-dumping taxes on tra fish imported from Vietnam.

The DOC makes an annual decision on whether to increase or reduce anti-dumping taxes on Vietnamese commodities.

Anti-dumping tariffs, which were between 0.1 and 0.52 percent, had been imposed on Vietnam's tra fish in the past, which helped to facilitate the flow of tra fish into the American market.

The US National Fisheries Institute (NFI) said there were untapped opportunities in the US market for Vietnamese seafood exporters because the fish was listed in the top 10 of the most consumed seafood products in the US in 2009.

Several Vietnamese fish farms have received Global GAP (Good Agricultural Practice) certifications, which has created a foundation for Vietnamese seafood exporters to expand their outlets.

The statement was made by an NFI representative during a meeting with the representatives from the Ministry of Agriculture and Rural Development in Ho Chi Minh City late last week.

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Saturday, November 6, 2010

VASEP decries tariffs on tra fish

The anti-dumping tariffs imposed on tra fish exported from Vietnam to
the American market from August 2008 to July 2009 were not reasonable,
said the Vietnam Association of Seafood Exporters and Producers (VASEP)
vice chairman, Nguyen Huu Dung.


In accordance with the US Department of Commerce (DOC)'s preliminary
decision, Vietnamese businesses paid 4.22 USD per kilo in taxes, while
tra fish's market price in the US was lower than the Vietnamese
product's after-tax prices.


The domestic firms
incurred huge losses due to high anti-dumping tariffs, Dung said. He
said that the association was now co-ordinating with relevant agencies
and businesses to ask the DOC to reconsider its anti-dumping taxes on
tra fish imported from Vietnam.


The DOC makes an
annual decision on whether to increase or reduce anti-dumping taxes on
Vietnamese commodities. Anti-dumping tariffs, which were between 0.1 and
0.52 percent, had been imposed on Vietnam's tra fish in the past, which
helped to facilitate the flow of tra fish into the American market.


The US National Fisheries Institute (NFI) said there was untapped
opportunities in the US market for Vietnamese seafood exporters because
fish was listed in the top 10 of the most consumed seafood products in
the US in 2009.


Several Vietnamese fish farms have
received Global GAP (Good Agricultural Practice) certifications, which
has created a foundation for Vietnamese seafood exporters to expand
their outlets. The statement was made by an NFI representative during a
meeting with the representatives from the Ministry of Agriculture and
Rural Development in HCM City late last week./.

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