Vietnam is likely to become a global seafood processing centre in the future thanks to its competitive labour cost and increasing number of high-quality processing facilities, an expert has said.
According to General Secretary of the Vietnam Association of Seafood Exporters and Producers (VASEP) Truong Dinh Hoe, while many world leading seafood processors are shifting their factories from Europe and China to Vietnam, domestic businesses have increased imports of raw materials for processing for export.
| Vietnam to become global seafood processing centre. (Photo: Internet) |
Vietnam has spent nearly 800 million USD importing aquatic materials, mainly shrimp, tuna, cuttlefish, for processing and re-exporting, he said, stressing this shows that the country plays increasingly vital role in the global seafood supply chain.
Vietnam’s seafood enterprises have constantly improved their production capacity by investing in modern technologies, thus increasing the proportion of products with high added value to 50 percent of the total production, with nearly 1,000 kinds.
A number of new products like instant food and pharmaceutical and cosmetic products made of aquatic materials have met the demand of the market.
Thanks to the adoption of new technologies, Vietnam has recorded strong growth of seafood export in both value and volume in recent years. Its products have been shipped to 150 countries and territories worldwide, with key markets being the US, the European Union, Japan, China and the Republic of Korea.
Not only processing traditional aquatic products such as shrimp and tra fish, many enterprises have invested in processing new ones such Alaska fish and salmon for export to hi-end markets. Vietnam is expected to ship about 60,000 tonnes of Alaska fish by 2018.
The country earned 5 billion USD from selling seafood abroad in the last three quarters, a year-on-year increase of 6.1 percent.
Under a strategy to restructure the aquatic sector to 2020, Vietnam will reduce facilities turning out semi-processed products, while encouraging the application of modern technologies to improve product quality.
The strategy also aims to increase the proportion of instant and high added value products to between 60-70 percent, towards meeting demands of various markets.
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Vietnamese authorities also provided the Chinese side with photographs and video footage recording the rescue operation and repairs to the vessels, demonstrating transparency and Vietnam’s full efforts in maritime search and rescue.
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Deputy Director of the Mine Action Centre of Quang Tri Dinh Ngoc Vu said nearly 60,000 hectares of land in the province have been cleared of UXO contamination, with over 925,000 explosive items safely destroyed.
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Vice Chairman Vu Hong Thanh called on Party committees and authorities in Can Tho to continue implementing ethnic policies, encourage people to restructure production, develop modern cooperative models, and use science and technology in farming to adapt to climate change.
Held in response to the launch of the Vietnamese Language Day among overseas Vietnamese communities, the event aimed to enhance the quality of Vietnamese language teaching and learning in Laos while contributing to the great friendship, special solidarity, comprehensive cooperation and strategic cohesion between the two countries.
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By the end of April, the number of buses using electricity and other green energy sources in the city is expected to reach 822, including 683 electric buses and 139 compressed natural gas (CNG) buses, representing 42.1% of the total number of vehicles.