In the final results, the US Department of Commerce (DOC) imposed anti-dumping duties of 25.76% on STAPIMEX and Thong Thuan companies. The group of companies not subject to mandatory inspections were subject to a 4.58% duty.

On February 21st, the Viet Nam Association of Seafood Processing and Export (Vasep) announced that on February 17th, the US Department of Commerce (DOC) released the final results of the 19th administrative review (POR19) of the anti-dumping duty order on frozen warmwater shrimp from VietNam, covering the period from February 1st, 2023 to January 31st, 2024.

In the final result, the US Department of Commerce determined that the two defendants subject to mandatory tariffs were STAPIMEX Company and Thong Thuan Company (including Thong Thuan Cam Ranh) with a margin of 25.76%, while adjusting the cash deposit to 25.46% due to the deduction of 0.30% export subsidy.

For eligible businesses that qualify for a separate tariff rate but are not subject to mandatory inspection, the DOC applies a margin of 4.58% and a deposit of 4.28% (due to a 0.30% deduction for export subsidies).

Vasep assessed that this final result, compared to the preliminary result, represents a positive change because in the preliminary information on June 7, 2025, the DOC determined that Thong Thuan Company was not dumping, with a margin of 0%, while STAPIMEX was subjected to a preliminary rate of 35.29%. At the same time, the 35.29% rate was also applied to 22 enterprises belonging to a separate tax-eligible group but not subject to mandatory inspection.

From a market perspective, the final POR19 results are considered significant given that Viet Nam's shrimp exports to the US are projected to reach $796 million in 2025 (an increase of over 5% compared to 2024), but US importers are experiencing a slowdown in purchasing activity as they reduce inventory and adjust their purchasing strategies in response to tariff policy risks.

According to Vasep, when trade defense costs fluctuate, importers often "reset" their purchasing principles, adopting a more cautious approach regarding price, risk-sharing terms, and delivery schedules.

The reduction in margin requirements for businesses subject to separate tax rates compared to the preliminary phase helps the market re-evaluate the risk level when signing contracts.

With a margin requirement of 4.28%, businesses can have a more favorable position when bidding and signing program-based or seasonal contracts.

This also supports Viet Nam's ability to "maintain a consistent supply" to the US market, especially for customers who value stable deliveries and the ability to meet standards.

Vasep stated that it is considering appropriate legal actions in accordance with US regulations, coordinating with businesses and relevant parties to prove that Vietnamese shrimp exports are not being dumped.

At the same time, it protects the legitimate rights of the business community, shrimp farmers, and the Vietnamese shrimp supply chain.

Source: The Youth Online