The Vietnam Seafood Association of Seafood Exporters and Producers (VASEP) believes that Vietnam is capable of becoming an important global seafood production base.
Certificates of origin is a must for Vietnamese seafood exported to the EU, Siegfried Bank, an expert from the European Trade Policy and Investment Support Project (EU-MUTRAP), affirmed at a conference concerning the issue held in Ho Chi Minh City on October 7.
The Mekong Delta province of Bac Lieu earned US$288 million from seafood exports in the first eight months of 2016, fulfilling 55% of its yearly target, but dropping nearly 5% compared to the same period last year.
Despite challenges ahead, aquatic exports are expected to reach US$7.1 billion this year, a rise of 8% over last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Agro-forestry-fishery shipments abroad brought home an estimated US$17.8 billion in the first seven months of the year, a year-on year surge of 5.1%, according to the Ministry of Agriculture and Rural Development.
Britain’s exit from the European Union (EU) , or Brexit, may affect the competitiveness of seafood products exported to the UK in terms of price, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
The Mekong Delta province of Ca Mau is facing a lack of shrimp for export due to the recent drought and saline intrusion that affected over 53,000 hectares of shrimp farms.
VOV.VN - Economic growth has slowed in the first four months of the year in many industries in Vietnam but is holding its own in others, reflecting a crunch at factories producing exports.
The total agro-forestry-fishery export turnover in the first five months of this year is estimated to reach US$12.18 billion, a year-on-year increase of 4.9%, according to the Ministry of Agriculture and Rural Development.
The European Union has issued food safety alerts to four Vietnamese seafood exporters, whose shipments to several European countries have been found to contain banned substances.
New free trade deals with EU and Asian markets are expected to increase Vietnam’s seafood exports to more than US$7 billion this year, a trade group has said.
The Vietnam Association of Seafood Exporters and Producers (VASEP) said shrimp exports to China reached US$64.8 million in the first two months of this year, accounting for 17% of the total shrimp export value.
With nearly half of its seafood exports going to Trans-Pacific Partnership member nations, Vietnam expects the trade deal to further boost exports to these markets, according to the Vietnam Association of Seafood Exporters and Producers (Vasep).
Economists forecast that seafood exports from Vietnam to the United States (US), Japan and other members in the Trans-Pacific Partnership Agreement (TPP) block will rise after February 4, 2016.
Tra fish exports to the UK hit US$46 million last year, an increase of 13.9% against 2014, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
VOV.VN - Last year ended with disappointing news as record OPEC supply created a global glut driving oil prices downward, which when combined with shortfalls in agricultural and seafood exports, stunted economic growth.
The country's seafood exports fell to an estimated US$6.72 billion in 2015, down 14.3% over 2014 and 10.4% compared with this year's target.
(VOV) - Agri-forestry and seafood exports in July are estimated at US$2.47 billion, bringing the total export revenue in 7 months to US$16.93 billion, down 3.6% against the corresponding period last year.
The Republic of Korea (RoK) has been considered one of the most potential export markets for Vietnam’s aquatic products, especially after the two countries sign a free trade agreement in May.
(VOV) -A proposed free trade agreement (FTA) between Vietnam and the European Union (EU) is expected to reduce tariffs and make the sales prices of fish and seafood exports more competitive.