Despite a downturn in the export of aquatic products in the first month of 2023, local exporters remain optimistic that the market will recover from the second quarter of this year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s aquatic products are expected to earn about a record US$11 billion from export this year, up 23.8% annually and 22% compared to the plan, said Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
Vietnam is ranked 16th out of the 25 countries with the richest biodiversity in the world, as more than 11,000 species have been discovered in the country.
Vietnam’s aquatic exports are forecast to hit US$11 billion in 2022, according to General Secretary of the Vietnam Association of Seafood Exporters and Producers (VASEP) Truong Dinh Hoe.
The 19th regular session of the Western & Central Pacific Fisheries Commission (WCPFC) opened in the central city of Da Nang on November 28.
Vietnam’s fishery export has completely recovered after the COVID-19 pandemic, reeling in US$10 billion as of November this year, said General Secretary of the Vietnam Association of Seafood Exporters and Producers (VASEP) Truong Dinh Hoe.
Vietnam is a major partner of the Republic of Korea (RoK) in the field of maritime and fisheries, said RoK Minister of Oceans and Fisheries Cho Seung-Hwan.
Vietnam's aquatic product exports reached US$900 million in October, lifting the country’s total export turnover in the first ten months of 2022 to US$9.39 billion, a sharp increase of 32.7% compared to the same period of 2021.
The Ministry of Foreign Affairs and the People’s Committee of southern Ben Tre province held a conference in both online and in-person formats to promote the export of Ben Tre’s agro-aquatic products to Islamic markets.
Vietnam’s foreign trade of agro, forestry and aquatic products hit some US$74.7 billion in the first nine months of 2022, a year-on-year rise of 10.7%, according to latest data released by the Ministry of Agriculture and Rural Development (MARD).