China’s reduction of import tax on tra fish will help domestic firms boost exports to the country – the largest market for Vietnamese tra fish.
The Vietnam Association of Seafood Producers and Exporters (VASEP) has proposed to the State to find solutions in dealing with trade barriers in the United States (US) market and promoting shrimp exports to this market.
VOV.VN - The shrimp industry earned US$3.8 billion in export revenue in 2017 and is striving to reach a revenue target of US$8-10 billion by 2025 as laid out by the Government.
Shrimp exports increased sharply last year and the trend will continue this year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
VOV.VN - This year’s seafood export turnover is forecast to expand by 6% to US$7.4 billion when compared to last year’s figure, and is set to fulfill its target one month ahead of schedule despite facing a number of notable difficulties.
VOV.VN - Vietnamese seafood businesses will continue facing obstacles in the remainder of the year, including input material quantity and quality and barriers from import markets.
China overtook the U.S. as the largest importer of Vietnamese tra (pangasius) fish in the first quarter of this year, according to the Vietnam Association of Seafood Exporters and Producers.
Tuna exports are expected to increase by 8 percent this year to US$524 million, according to the Vietnam Association of Seafood Producers and Exporters (VASEP).
The Government has approved a plan to build three special economic zones (SEZs) to spearhead the country’s growth and exploit local advantages to impel growth there.
A delegation of six Peruvian aquatic businesses arrived in Ho Chi Minh City on November 7, beginning their tour of Vietnam to seek opportunities in the country.
The country’s seafood exports are expected to reach US$7 billion this year, a year-on-year increase of 5.5 %, according to the Vietnam Association of Seafood Producers and Exporters (Vasep).
Higher anti-dumping duties on Vietnamese frozen warm-water shrimp exports levied by the United States Department of Commerce (DOC) will affect the psychology of businesses and shrimp farmers in Vietnam.
VOV.VN - Shrimp exports for the first half of 2016 have fallen 15% short of the target, according to an announcement by the Vietnam Association of Seafood Exporters and Producers (VASEP).
VOV.VN - Controversial new legislation in the US that toughens inspection rules for catfish imported from foreign markets is striking fear into the hearts of fishers in the Vietnamese farm raised catfish industry.
Export enterprises and commercial banks welcomed the State Bank of Vietnam (SBV)’s decision to allow credit institutions to resume provision of foreign currency loans two months after it was banned.
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 Government last year gave the green light for relaxing some requirements in Decree 36 on tra fish to support enterprises, but experts said revising the decree is facing difficulties due to the strict US Farm Bill.
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.
Economic experts have forecast that Vietnam’s aquatic export to the US, Japan and other Trans-Pacific Partnership (TPP) members will increase after the deal was officially signed on February 4.
(VOV) - The Ministry of Industry and Trade (MoIT) recently announced high expectations for expanded exports of Vietnam seafood and other aquaculture exports to the ASEAN Economic Community (AEC) region as a result of its formation.