Vietnam earned 4.4 billion USD from exporting aquatic products in the first half of this year, up nearly 7% year-on-year, the Vietnam Association of Seafood Exporters and Producers (VASEP) has reported.
Vietnamese seafood currently has secured a firm foothold in the Australian market, accounting for 23% of Australia's total aquatic imports last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
For the first time this year Vietnam’s foreign trade has hit the US$700 billion mark, marking a bright spot in the overall picture of the national economy amid global market volatility.
Vietnam has earned US$8.5 billion from seafood exports during the past three quarters, up 38% year on year, and the seafood export value is likely to hit US$10 billion by the end of November, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam's seafood export value is anticipated to record slow growth to US$3 billion ahead in the third quarter due to a lack of raw materials coupled with disadvantages occurring in the market during the second half of the year.
Widely known as a fastidious market, Japan has always required the high quality of imported products in general and seafood in particular, according to insiders.
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.
More than 10 major Vietnamese enterprises are set to attend the 2022 Seafood Expo North America, formerly known as the Boston Seafood Show, in the United States in March.
The Vietnamese Embassy in collaboration with the Vietnamese Trade Office in Australia is launching a programme to popularize Vietnam’s Tra (pangasius) fish in various Australian cities.
Vietnam earned about US$9 billion from exports of aquatic products in 2018, an increase of 8.4% year-on-year, said Acting Director General of Directorate of Fisheries Nguyen Ngoc Oai.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is expected to create opportunities for Vietnam to expand markets for major exports like wood and timber products, and seafood.
Vietnam’s seafood export value in the first seven months of 2018 was estimated at US$4.63 billion, up 6.3% over the same period last year, according to the Ministry of Agriculture and Rural Development (MARD).
A working delegation of the government led by Deputy Prime Minister Trinh Dinh Dung on May 16 visited Cam Xuyen and Ky Anh districts of the central province of Ha Tinh, which were affected by the Formosa-related marine environmental incident.
PSNews – Aquatic export hit 441 million USD in February, bringing the volume of seafood export in the first two months to over 1 billion USD, up 29% compared to the same period in 2017.
Vietnam shipped US$749 million worth of seafood abroad in August, bringing seafood exports in the first eight months of 2017 to US$5.13 billion, up 18.1 percent from the same period last year.
Industry group VASEP has asked its members to stay vigilant against potential letter-of-credit scams that could cost them thousands of dollars.
PSNews-The Standing Committee of the 14th National Assembly decided to establish a special team to inspect “The implementation of policies and legal regulations in exploiting, cultivating and processing seafood for economic development in conjunction with national defense and security”.