After signing of a Bilateral Trade Agreement (“BTA”) in 2000, the trade between Vietnam and USA flourished. The high quality Vietnamese goods exported to US market have benefitted the Vietnamese producers as well as US consumers. In the meantime, a litany of US Anti-dumping (“AD”) cases were filed in order to stymie the Vietnamese exports of goods. Not withstanding, the Vietnamese exports to the USA have largely survived due to pivotal role played by surrogate value experts.
“VietShrimp International Fair had been held successfully in Bac Lieu city from 24 to 26 June 2016 under the theme: “Converge to develop Vietnam shrimp industry”.
On March 29, 2016, the US Department of Commerce published the final results of the 11th administrative review of the Anti-dumping (“AD”) duty orders on frozen Basa/Tra fish fillets from Vietnam.
This was concluded at a recent conference held by the Vietnam Pangasius Association (VPA) to review the results of the one year of the implementation of Government Decree No. 36. Representatives from management agencies and enterprises in the Mekong Delta attended the event.
The value of Tra fish exports decreases, even in major markets. This requires more drastic and comprehensive measures.
Tra fish need to be produced in VietGAP model for sustainable development and stable sale. However, the implementation is not so easy.
Vietnam’s Tra fish is facing challenges caused by the fierce competition in the market. However, remarkable success will only cometo the enterprises that can seize the opportunities.
International certified products plays an important role in some markets due to its reliability. However, international certificates just facilitates the bussiness at openning time meanwhile quality is the critical factor.
In the whole of the Tra fish product chain, which was built for crisis overcoming, incubation is the first stage and plays the most important role. As the quality of Tra fish material will decide the quality of the whole chain, no faults in this stage can be corrected later. Decree 36 stipulates the aquaculture planning as the first priority.
Many hold that the first step for successfully restructuring Vietnam’s Tra fish industry is to improve the Tra fry quality and to apply advanced farming technology.