The review was requested on 51 Vietnamese shrimp exporters, including two mandatory respondents, Minh Phu Group and Soc Trang Seafood JSC, according to Tuoi Tre Newspaper. According to the final results of the tenth review, Minh Phu Seafood Corporation, who is a leading Vietnamese exporter of frozen warm water shrimp, does not dump its shrimp into the US and therefore was no longer subject to the antidumping duty. Meanwhile, voluntary respondents are subject to an antidumping duty of 4.78% which is more than four times higher than the official 0.91 percent set in the ninth review. "The US used to choose Bangladesh as a surrogate country to calculate antidumping tariffs for Vietnamese exporters in their previous administrative reviews," the department explained. "Now with this increased antidumping duty, we may have to switch to other markets," Linh said.
Source: VietNamNet News September 13, 2016 05:37 UTC