The final tax rate of POR14 for Hung Vuong Group was USD3.87 USD/kg, NTSF Seafood remained at USD1.37/ kg. Four other pangasius exporters are: CP Vietnam; CL-Fish; Green Farms Seafood and Vinh Quang Corp imposed a tax of USD1.37. The national tax rate still applies at USD2.39/kg.
In two months (February and March 2019), the value of pangasius export to the US market decreased by 22.8% and 44.4% respectively. Due to this sudden sharp decline, the US market was forecasted to return to the top export market of Vietnamese pangasius enterprises but falling to the 3rd position (after EU) with USD71.16 million, down 5% compared to the same as 2018, accounting for 15.1% of total export value of pangasius in the first quarter of 2019. By the end of March 2019, the pangasius fish exports to the US reached USD71.16 million, down 5% compared to the same period last year.
With this official tax rate just announced, there would be many new developments in pangasius export to the US market.