The Vietnam Association of Seafood Exporters and Processors (VASEP) has asked local catfish exporters to improve the quality of their exported products by producing and processing them in a more sustainable manner to maintain market shares overseas
The U.S. Department of Commerce said it may reduce its anti-dumping tax for more Vietnamese pangasius exporters including Vinh Hoan, which enjoyed an anti-dumping tax exemption for its shipments to the North American country in the past
The U.S. is the largest import market of Vietnam catfish today with $351.3 million in the first 11 months of 2013, up 4.6% compared to the same period in 2012.
If the catfish management program under the US Farm Bill 2012 is transfer to the US Department of Agriculture, Vietnamese pangasius exports to the US will be in a big trouble
Despite the fact that pangasius exports earn US$2 billion every year, most fish breeders have gone bankrupt, while the rest are wearily hoping that they can pay their debts when the fish prices increase someday
The Vietnam Association of Seafood Exporters and Producers (VASEP) has also asked US Department of Commerce to keep Bangladesh as the country of reference for calculating the input costs of Vietnamese pangasius products
As of the end of 2012, the Vietnamese pangasius industry had won against the Catfish Farmers of America seven times in a row after the latter’s proposals on anti-dumping taxes against Vietnamese catfish products
Vietnamese businesses, especially exporters, will be among the biggest beneficiaries after joining the Trans-Pacific Partnership agreement (TPP), and will avoid many trade disputes against them