(vasep.com.vn) Free trade agreement between South Korea and Vietnam which final negotiation round finished in late 2014 is expected to achieve a higher level of liberalization comparing to FTA between South Korea and ASEAN (AKFTA).

(vasep.com.vn) On the morning of 9th March 3, Minh Phu Seafood Corporation organized groundbreaking ceremony to start the construction of its 50,000- pallet cold storage in Song Hau Industrial Zone in Hau Giang province.

(vasep.com.vn) In the preliminary result, DOC imposes an anti-dumping duty of 0.93%, much lower than the rate applied for the previous review period (POR8), which was 6.37%.

(vasep.com.vn) China, accounting for 10% of total Vietnam’s shrimp exports, is the fourth largest market for Vietnam shrimp exports, after the US, Japan and EU.

(vasep.com.vn) This plant is designed with annual capacity of 30,000 MT of raw shrimp. This is a large-scale factory, 10 times as much as itsthe existing processing plant.

(vasep.com.vn) According to Mr. Le Van Quang, Chairman of Minh Phu Seafood Corporation (MPC), in 2015, Minh Phu aims at exporting 60,000 MT of shrimp, with targeted turnover of US$ 1 billion.

(vasep.com.vn) Minh Phu Seafood Corporation launched the application of "SAP ERP" in the hope to integrate information to enhance management efficiency and managing information among departments within the corporation.

(vasep.com.vn) In 2014, Vietnam's shrimp exports to Japan slowed down while exports to major markets reported positive growth.

(vasep.com.vn) In 2015, a new seafood factory of Fimex VN comes into operation, in the hope that production and sales will rise.

(vasep.com.vn) In 2014, a stronger US dollar against other currencies, along with economic recovery helped boost shrimp imports.

(vasep.com.vn) Ministry of Agriculture and Rural Development (MARD) set the goals in 2015 for shrimp products. These goals include decreasing disease affected area by 50% while supplying products that are disease-free and safe with no antibiotic residues.

(vasep.com.vn) In 2014, EU market was a focal point in the picture of Vietnam shrimp exports. This market maintained high growth rates in consecutive months, even when some other markets witnessed declines.

(vasep.com.vn) According to Mr. Le Van Quang, Chairman of Minh Phu Seafood Corporation (MPC), in 2014, the company sold over 47,713 MT of shrimp abroad, earning US$ 730.4 million, up 22.9% by volume and 40.58% by value from the year 2013.

(vasep.com.vn) According to Mr. Quang Trong Thao, Deputy Director of Kien Giang Department of Agriculture and Rural Development, in 2014, brackish water shrimp was reared in the area of 90,563 hectares with the yield of 51,430 MT, up 9,452 MT equivalent to 22.5% up year on year. Intensive and semi-intensive shrimp farming area was 1,915 hectares. These farms produced 19,811 MT of shrimp, nearly all of them are whiteleg shrimp.

(vasep.com.vn) Data from Ministry of Agriculture and Rural Development revealed that seafood export value in 2014 is estimated at US$ 7.9 billion, up 18% year on year.