GENERAL INFORMATION

In Vietnam, the fishery sector plays an important role in the national economy, accounting for about 4-5 percent of Gross Domestic Product (GDP) and about 9-10% of national export revenue.

More than 4 millions of people working in the fishery and the growth in production have attributed to the fish exports. Thanks to strongly increase in many years, Vietnam ranks among the top ten seafood suppliers and its seafood products are exported to 170 markets in the world.

Shrimp, pangasius, tuna, squid and octopus are main seafood products exported by the country. In which, shrimp exports create about US$ 3.5 – 4 billion, make up 46-50% of the total seafood sales of Vietnam. Earnings from pangasius reached at US$ 1.7 – 1.8 billion (25% of the total) and exports from Tuna and Cephalopods are US$ 450 – 550 million for each.

Exports to the U.S, Japan, EU, China and South Korea make up 75% of Vietnam’s seafood sales to the wolrd.

5 advantages for Vietnam seafood exports:

(1) High commitment and participation from Government, Industry and companies for food safety, environment and social responsibility;

(2) Able to supply the big volume and safe quality and stable seafood products;

(3) Meet all the customers’ requirements, incl. the vertical linkage (integration) for each species sector;

(4) Vietnam is one in few countries in the world which has the good and stable labor resource;

(5) Vietnam has Agreements / FTAs with many countries and territories and has advantages both in product quality and im-ex tax.

VASEP received the Certificate of Merit from the Minister, Chairman of the Office of the Government

09:01 03/18/2021

(seafood.vasep.com.vn) On March 17, 2021, at the Press Conference “Assesment Report on the index for administrative procedure compliance costs in 2020 (APCI2020), Minister and Chairman of the Office of the Government (OOG), Chairman of the Prime Minister's Advisory Council for Administrative Procedure Reform, Mr. Mai Tien Dung awarded certificates of merit to collectives and individuals with outstanding achievements in the process of implementing Advisory Council for Administrative Procedure Reform’s activities for the period 2017-2020.

Previously, on March 16, 2021, at the Government Office, there was a ceremony to Summarize 5 years of operation of the working group of the Prime Minister. The Prime Minister and the Minister, Chairman of the Government Office awarded compliments to the industry associations for being very active in the working group's activities, contributing ideas to the administrative procedure reform in the period of 2017 - 2020.