Vietnam has recorded continual growth in squid and octopus exports to China over the last three years, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
VOV.VN - Ho Chi Minh City leads the way for aquatic exports over the opening five months of the year with turnover reaching US$356.5 million, making up approximately 11% of the country’s total seafood exports.
Vietnam has 620 industrial aquatic processing facilities, according to the Directorate of Fisheries at the Ministry of Agriculture and Rural Development.
Vietnam earned US$790 million from exporting aquatic products in May, lifting the total figure in the first five months of this year to nearly US$3.3 billion, a year-on-year rise of 14%.
Vietnam raked in US$22.83 billion from exporting agro-forestry-aquatic products in the first five months of 2021, representing a year-on-year increase of 30.3%, reported the Ministry of Agriculture and Rural Development.
Vietnam shipped overseas US$130.94 billion worth of goods in the first five months of 2021, up 30.7% annually, according to the General Statistics Office (GSO).
VOV.VN - Vietnam raked in US$2.39 billion from aquatic exports during the opening four months of the year, representing an increase of 6.1% compared to the same period last year, according to the Ministry of Agriculture and Rural Development.
Vietnam is expected to make breakthroughs in exporting aquatic products in the coming time thanks to its good performance of biological safety, and benefits brought by free trade agreements (FTAs), according to the Ministry of Agriculture and Rural Development.
Despite a rise in export revenue in the first four months of this year, experts suggested that businesses should not be too optimistic as the COVID-19 pandemic has seen complicated developments both in and outside the country.
The Vietnamese Ministry of Agriculture and Rural Development (MARD) and the Russian Ministry of Agriculture held the second meeting of the countries’ agricultural working group and an agricultural business forum via videoconference on April 22.