Online trade exchange to boost aquatic exports to EU market

 A virtual trade exchange will be held on April 25 - 26 to provide Vietnamese businesses with the latest information about market trends as well as opportunities to export aquatic products to the European Union, according to the Ministry of Industry and Trade.

Online trade exchange to boost aquatic exports to EU market ảnh 1

The online event is taking place as part of the National Program on Trade Promotion 2022, which is being jointly held by the Vietnam Trade Promotion Agency (Vietrade) in collaboration with various Vietnamese trade offices and embassies in some EU member countries.

The primary aim of the gathering is to assist localities, businesses, and cooperatives that supply local seafood products in seeking partners in the EU market.

Representatives of the Vietnamese Trade Office in EU member countries, importers, and distribution channels are anticipated to introduce the market demand for aquatic products. Meanwhile, Vietnam Association of Seafood Exporters and Producers (VASEP) leaders will provide information about business co-operation opportunities for Vietnamese exporters in the EU – a demanding but lucrative market.

For several years, the EU has represented one of Vietnam’s top five seafood export markets, while Vietnam makes up the second largest seafood supplier in Asia, just behind China. Indeed, the EU's seafood import demand is huge, with turnover reaching over US$50 billion annually.

The enforcement of the EU-Vietnam Free Trade Agreement (EVFTA) in August 1, 2020 has created a wealth of opportunities for Vietnamese seafood businesses to increase their exports to the EU thanks to preferential tariffs set out within the trade pact.

Under the pact, 220 tax lines on aquatic products with a base tax rate of 0% to 22% are set to be slashed to 0% in the three and seven-year roadmaps, helping Vietnamese seafood products enhance their competitiveness compared to similar products imported from other countries.

Last year witnessed local seafood exports to the EU market reach over US$1 billion, an annual rise of 12%. The figure should have been higher if local seafood production activities were not negatively impacted by the COVID-19 pandemic in the third quarter of 2021.

The country’s five largest seafood export markets in the EU include the Netherlands, Germany, Belgium, Italy, and France, accounting for 72% of total export turnover.

Last year saw exports of shellfish to the EU enjoy a surge of 37% to US$87 million, mainly due to clam exports increasing by 42%, raking in US$78 million.

VOV

Other News

SBV raises short-term capital lending cap to 40%

SBV raises short-term capital lending cap to 40%

The new circular will help credit institutions have more room to provide capital to businesses and investment projects to support high economic growth in the next few years, while increasing flexibility in the SBV’s monetary policy management.

Business confidence in Vietnam rebounds strongly: UOB

Business confidence in Vietnam rebounds strongly: UOB

The study found that 85% of Vietnamese enterprises reported positive business sentiment, a sharp increase from 48% in 2025, when business confidence was weighed down by uncertainties surrounding US tariff policies and related trade developments.

Bac Ninh seeks high-quality foreign investment for sustainable growth

Bac Ninh seeks high-quality foreign investment for sustainable growth

According to Vice Chairman of the provincial People’s Committee Pham Van Thinh, the province aims to maintain stable and sustainable growth, improve the competitiveness of both the economy and local businesses, and make better use of free trade agreements (FTAs) to expand and diversify export markets.

Green building trend flourishes in Ho Chi Minh City's real estate landscape

Green building trend flourishes in Ho Chi Minh City's real estate landscape

The International Finance Corporation (IFC) highlighted the city's dominance in green-certified building floor space in Vietnam, reflecting the rapid expansion of the green building market with 780 completed green buildings encompassing over 18.69 million sq.m by 2025, predominantly certified by EDGE and LEED.

UK supports Vietnam in wind power and green finance development

UK supports Vietnam in wind power and green finance development

The United Kingdom officially announced two new climate cooperation initiatives to support Vietnam in its energy transition and green growth journey. These programs focus on offshore wind power development and the creation of a sustainable green financial ecosystem.

Ample room remains for Vietnam–India logistics cooperation

Ample room remains for Vietnam–India logistics cooperation

The GTTCI expert noted that alongside logistics and integrated warehousing, e-commerce is expected to be a particularly high-growth sector in the coming years. He described it as a multi-billion-dollar market with significant untapped opportunities for cooperation between Vietnam and India.

Exports gain momentum from high-tech growth drivers

Exports gain momentum from high-tech growth drivers

According to the Ministry of Industry and Trade, Vietnam’s exports reached 215.66 billion USD in the first five months of 2026, up 19.5% year-on-year. Twenty-six export items generated more than 1 billion USD in revenue each, including seven with turnover exceeding 10 billion USD.

Vietnam–China crossings see spike in ASEAN fresh produce

Vietnam–China crossings see spike in ASEAN fresh produce

Since the start of the summer harvest season, China's two major border gates with Vietnam, Youyi Guan in Pingxiang and Beilun 2 Bridge in Dongxing, have entered their peak period for handling imports of fresh agricultural and seafood products from member states of the Association of Southeast Asian Nations (ASEAN).

Cargo handling operations at Berths 3 and 4 of the Hai Phong International Gateway Port. (Photo: VNA)

AI reshapes logistics, raising bar for workforce skills

According to the Vietnam Logistics Business Association (VLA), the logistics sector will require around 2.2 million workers by 2030, including 1.6 million employees for logistics service providers and nearly 600,000 personnel supporting logistics operations in manufacturing and trading enterprises.

Robust dispute resolution framework key to Vietnam's IFC ambitions

Robust dispute resolution framework key to Vietnam's IFC ambitions

The development strategy for VIFC-HCMC envisions a comprehensive financial ecosystem encompassing green finance, carbon credits, financial technology (fintech), blockchain technology, digital assets, digital banking and other innovative business models. These highly internationalised sectors involve complex cross-border transactions and sophisticated legal structures.