Vietnam-Korea seafood forum promotes supply-chain links

The Vietnam-Korea Seafood Business Connect was organised on November 5 on the sidelines of the Busan International Seafood and Fisheries Expo (BISFE) by the Vietnamese Consulate General in Busan and the Vietnam Association of Seafood Exporters and Producers (VASEP), aiming to promote closer cooperation between the seafood business communities of the two countries.

In her opening remarks, Vietnamese Consul General in Busan Doan Phuong Lan highlighted the efforts made by Vietnamese businesses through more than a decade of participation in BISFE. She reaffirmed the Consulate General's commitment to supporting companies from both countries in expanding cooperation in raw material sourcing and advanced processing, and in developing complementary roles within their supply chains.

VASEP Secretary-General Nguyen Hoai Nam outlined the Vietnamese seafood industry's overall development and the potential for bilateral cooperation. The association also promoted the VIETFISH International Seafood Exhibition and invited Korean businesses and investors to connect with Vietnamese partners to explore reliable sources of high-quality, safe and sustainable seafood.

Meanwhile, Le Van Anh, vice chairman of the Quang Ninh municipal People's Committee, presented the city’s substantial potential for cooperation with Korean seafood businesses. Quang Ninh is one of northern Vietnam's key centres for aquaculture and seafood processing. With more than 250 kilometres of coastline and well-developed logistics infrastructure, including seaports, an international airport and the Mong Cai International Border Gate, the city offers favourable conditions for investment by Korean seafood companies.

Representing the Korean side, Jang Ok-jin, executive director of the Korea Fisheries Trade Association (KFTA), said Vietnam has internationally competitive seafood production and processing capabilities, while the Republic of Korea had strengths in fast and efficient distribution networks, stringent quality standards and a rapidly growing convenience food market.

He expressed confidence that combining the complementary strengths of the two countries would provide a solid impetus for the development of their respective seafood industries.

A business-to-business (B2B) matching session was also held as part of the programme, wit the participation of representatives from VASEP, Vietnamese seafood companies and Korean partners. Vietnamese businesses showcased a range of key seafood products meeting high export standards, alongside value-added and ready-to-eat products.

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