HCM City to host Vietfish expo later this month

Vietfish 2018 will be the largest since the event was launched 20 years ago. It will feature 374 stalls, an increase of 3.6% compared to last year, with firms from 14 countries and territories, 66% will be Vietnamese.

On display will be aquaculture and services, machinery, chemicals, additives and cold storage equipment.

Last year’s expo, themed “Asia’s Home of Seafood", featured over 350 booths showcasing seafood products and machinery and equipment for aquaculture by over 200 exhibitors from Vietnam and foreign countries, such as Japan, China, Thailand, Singapore, Malaysia, Germany, and Denmark.

A series of activities also took place on the sidelines of the exhibition, including a cooking show, launches of new products and an aquaculture seminar.

Vietnam gained its highest ever seafood export value of 8.32 billion USD in 2017, a year-on-year increase of 18 percent, according to the Ministry of Agriculture and Rural Development.

The US, Japan, China and the Republic of Korea were the top four export markets for Vietnamese seafood products, accounting for 55.3% of the total national export value.

Vietnam’s export markets with strong growth in seafood export value included China (up 64.4%), the Netherlands (up 48.6%), the UK (up 36.4%), the Republic of Korea (up 29.1%), Canada (up 22.3%) and Japan (up 20%).

The country’s export of aquatic products maintained a two-digit growth in the first half of 2018 and was forecast to continue growing strongly in the rest of the year despite plunging shrimp prices across the world. 

Seafood exports reached a value of nearly US$4 billion during the reviewed period, up 12.3% year-on-year, according to the VASEP.