Thriving seafood exports to Middle East, Africa hold promise for fisheries
VOV.VN - Vietnam’s seafood exports to the Middle East and Africa last year reached US$254 million and US$95.2 million, respectively, according to the Asia-Africa Market Department (AAMD) under the Ministry of Industry and Trade.
It is necessary to list the Middle East and Africa in Vietnam’s seafood export strategy and to set up distribution networks for the sustainable development of those export markets, Mr Hung added.
He proposed Vietnamese businesses build unique brand names for their products, pay more attention to packaging and branding, and improve the quality of products to meet international quality standards.
At present, many seafood businesses say they have suffered great losses as a result of the European Commission’s (EC) issuance of a "yellow card" warning to Vietnam.
As seafood exports to traditional markets such as the EU and the US are currently facing a number of difficulties related to tariff barriers and food hygiene and safety quarantines, expanding to promising markets like the Middle East and Africa is an appropriate orientation which will help to successfully fulfil the impending target of US$10 billion in export revenue for 2018 and increasing exports over the coming years.