Analyst Pin-board POR16 to increase the rivalry in the US market
- VHC and ANV are granted an anti-dumping duty of 0.00 USD/kg, lower than the preliminary results of 0.09 USD/kg. For other Vietnamese pangasius exporters, the anti-dumping tax remains unchanged at 2.39 USD/kg.
- The zero-tax duty could open up a large opportunity for ANV to re-enter the US market. However, maintaining zero tax is uncertain in the long term when ANV is selected as a mandatory respondent.
- Pangasius exports to the US will become more competitive with existing players if the next PORs continue to facilitate other Vietnamese exporters to enter the US market, thereby likely hurting VHC’s market share in the US in the long run.
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