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.  

Vietnam joins Foodex 2018 in Japan

Vietnam launched a stall at the 43rd International Food and Beverage Exhibition (Foodex 2018) that opened in the Japanese prefecture of Chiba on March 6.

Foodex is Asia’s the largest exhibition dedicated to food and drinks across Japan and the whole world.

As part of the national trade promotion programme 2018 launched by the Ministry of Industry and Trade, the Vietnam Trade Promotion Centre for Agriculture sent a delegation of businesses to the event to maintain ties with Japanese and Asian importers, sign valuable export deals, popularise Vietnamese cuisine and farm produce.

Up to 20 participating businesses come from cities and provinces with strength in agro-fisheries such as Ho Chi Minh City, Hanoi, Nghe An, Bac Giang, Ninh Binh, Dong Thap, Ben Tre, Can Tho, Kien Giang, Lam Dong and Ca Mau.

On display are Vietnamese specialty fruits, vegetables, processed aquatic products and fish oil, organic pepper, seedless lemon, rice-derived food, cakes and fruit drinks.

Ta Duc Minh, Commercial Counsellor of the Vietnamese Embassy in Japan, said Vietnam’s fruit and vegetable export to Japan hit 130 million USD in 2017, up nearly 70 percent.

The four-day exhibition attracts 3,350 firms from 80 countries and territories worldwide, and 85,000 visitors.

VNA


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