Vietnam's agro-forestry-aquatic product exports reached US$6.14 billion in March, bringing the total export value in the first quarter of this year to US$15.72 billion, a year-on-year increase of 13.1%.
Vietnam shipped US$774.3 million worth of aquatic products abroad in January, a year-on-year increase of 3.3%, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s agro-forestry-aquatic product exports are projected to surpass US$62 billion this year, with a record trade surplus of US$18.6 billion, marking a new milestone for the sector.
Deputy Minister of Agriculture and Rural Development Phung Duc Tien has affirmed his confidence that Vietnam’s agro-forestry-aquatic product exports can reach the revenue target of US$55-56 billion this year.
In order for Vietnam's aquatic product exports to reach the target of US$10 billion this year, businesses need to be more adaptative and adjust their operation plans to suit the market context, according to Chairwoman of the Vietnam Association of Seafood Exporters and Producers (VASEP) Nguyen Thi Thu Sac.
The demand for aquatic products is expected to pick up from the third quarter of 2024, with many associated challenges requiring advertisements and the diversification of business products and markets, insiders have said at a conference held by the Vietnam Association of Seafood Exporters and Producers (VASEP) in Ho Chi Minh City on June 10.
Experts gathered at a forum in Ho Chi Minh City on April 25 to seek ways to untangle knots in terms of capital and market for exporters in the context that the ongoing conflicts in many regions are disrupting international trade.
Vietnam expects its agricultural export value to China to increase sharply this year, as China agreed to review regulations permitting official exports of poultry meat from Vietnam to this market.
VOV.VN - January alone witnessed agro-forestry-aquatic products rake in US$5.14 billion from exports, marking an annual rise of 79.2%, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam’s aquatic product exports will experience only a slight recovery in the first half of this year due to market volatility and a host of challenges to the global economy, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).