Despite a downward trend in aquatic product exports in the first half of 2023, the lower pace of month-on-month decline is giving hopes for a recovery in the remaining months of this year.
The export turnover of agro-forestry-aquatic products in the third quarter of 2023 is expected to be equivalent to the figure in the same period last year, and is likely to see positive growth in the fourth quarter, said Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
Although the aquaculture industry have been facing many challenges, it continues to receive support from the Government, Director in charge of communications of the Vietnam Association of Seafood Exporters and Producers (VASEP) Le Hang told Lao dong newspaper.
With the ongoing recovery momentum of agro-forestry-aquatic product exports in recent months, the export turnover of the sector is expected to enjoy a rebound and achieve growth again from the fourth quarter, said Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
Vietnam earned some US$15.66 billion from agro-forestry-aquatic product exports in the first four months of 2023, down 13.3% year-on-year, according to the Ministry of Agriculture and Rural Development.
VOV.VN - Despite enduring a decline in key seafood exports during the first quarter of the year, there are positive signs ahead for Vietnamese aquatic products in the UK, Japan, Germany, and Israel, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
VOV.VN - Vietnamese import and export turnover of goods reached US$30.78 billion during the second half of March, representing a fall of 15% against the same period from last year, with the country posting a trade surplus of US$1.97 billion, according to statistics released by the General Department of Vietnam Customs.
VOV.VN - A total of 17 Vietnamese enterprises are participating in the 2023 Seafood Expo North America, with the event opening on March 12 at the Boston Convention & Exhibition Centre in Massachusetts in the United States.
Can Tho’s authorities, public agencies and businesses held a working session with the Philippine group Vista Land in the Mekong Delta city on March 11.
Vietnam earned over US$3.4 billion from agro-forestry-aquatic product exports in February, a year-on-year increase of 5.7%, the Ministry of Agriculture and Rural Development said.