Loading...
SUPA Youreverydayfish VietFish
Go
Export potentials
Print:
Share:

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.  

Related News:
Global economic integration helps Vietnam expand agri-products markets
Vietnamese agro-forestry-fishery products are now available in 180 countries and territories thanks to Vietnam’s increasing global economic integration and implementation of free trade agreements.
Read more ...
CPTPP to help Vietnam export more to Australia
Vietnamese enterprises need to take advantage of tariff reductions under the Comprehensive and Progressive Agreement for Trans Pacific Partnership (CP...
Ben Tre eyes sustainable development of marine economy
The Mekong Delta province of Ben Tre will develop its maritime economy over the next decade, focusing on fishing, tourism and renewable energy, accord...
S&P raises Vietnam’s credit rating with stable outlook
Standard and Poor’s (S&P) Global Ratings’ recent upgrade of its long-term sovereign credit rating for Vietnam, the first time since 2010, was expected...
Chu Lai to become high-quality agro-forestry processing hub: PM
Prime Minister Nguyen Xuan Phuc said he wishes that Chu Lai would strive to become a high-quality agro-forestry processing hub of the country to be ab...
All news
Portal of Vietnam Association of Seafood Exporters and Producers (VASEP)
Head office in HCM city: 218 Road Nguyen Quy Canh, An Phu An Khanh New Urban Area, An Phu Ward, District 2, HCM city, Vietnam Tel: (+84 28) 62810430 / Fax: (+84 28) 62810437 - Email: vasephcmcity@vasep.com.vn
Rep. office in Ha Noi: 10 Nguyen Cong Hoan Street, Ngoc Khanh Ward, Ba Dinh District, Ha Noi City, Vietnam Tel: (+84 24) 37715055 / 37715318 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn
In charge of content: Nguyen Hoai Nam (Mr) – Deputy General Secretary of VASEP
Managing Editor: Phung Thi Kim Thu (Ms.) Tel: (+84 24) 37715055 (ext: 203)
Email: kimthu@vasep.com.vn
RSS