Vietnam, Indonesia boost seafood cooperation
(VOV) - A high-level delegation from Vietnam’s Ministry of Industry and Trade paid a working visit to Indonesia’s Ministry of Trade to boost seafood cooperation between the two nations.
The visit aimed to explore business opportunities in Indonesia and prepare for the establishment of an ASEAN Economic Community (AEC) by 2015.
Saut P. Hutagalung, General Director of Fisheries Product Processing and Marketing at the Indonesian Ministry of Marine Affairs and Fisheries (MMAF) said that his nation highlighted Vietnam’s potential for aquatic exports as well as the country’s keen interest in investing in the seafood sector in Indonesia.
Indonesia’s export turnover of shrimp, crab, alga and ornamental fish to Vietnam climbed to US$27.36 million in January, up 32.24% against the same period last year. This year, Indonesia’s aquatic exports to Vietnam are predicted to surpass US$100 million, he added.
From February to June, Indonesia planned to boost aquatic exports to Vietnam –Indonesia’s sole strategic partner in South East Asia.
Saut P.Hutagalung emphasised that this is a proper time for Indonesia to increase shrimp exports as global shrimp price has risen since June due to the shortage of supply source.