Hanoi (VNA) – Agro-forestry-aquatic product exports raked in 34.27 billion USD in the first seven months of 2024, up 18.8% from the same period last year, said the Ministry of Agriculture and Rural Development (MARD).
Vietnam recorded a trade surplus of 9.42 billion USD in the agro-forestry-fishery sector during the period, surging 60% year-on-year, statistics show.
In July alone, the export value of these products stood at 5.11 billion USD, a year-on-year rise of 18.2%.
Between January and July, agricultural products brought home 18.21 billion USD, forestry products 9.41 billion USD, aquatic products 5.29 billion USD, and livestock products 288 million USD, up 23.4%, 21.1%, 7.3%, and 4.8%, respectively.
Some commodities posting high export values include timber and wood products with 8.78 billion USD (up 21.9% year-on-year), coffee 3.54 billion USD (30.9%), rice 3.27 billion USD (25.1%), cashew nuts 2.37 billion USD (22.1%), fruits and vegetables 3.83 billion USD (24.3%), shrimp 2 billion USD (7.5%), and tra fish 1.02 billion USD (7.1%).
In particular, the average export prices of many commodities like rice, coffee, rubber, pepper, and tea, kept rising in the reviewed period.
The US, China, and Japan remained the largest importers of Vietnamese agro-forestry-aquatic products, with the export value to the US increasing by 21.6% year-on-year, China by 11.3%, and Japan by 4%./
(seafood.vasep.com.vn) The purchase price of raw pangasius in the first 11 months of 2024 remained at 26,000-27,000 VND/kg. However, farmers faced challenges in earning profits due to rising costs of fish feed, fuel, and labor during the year.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX) recently announced its production and business results for November 2024, showing a 5% year-over-year increase in revenue but a 21% decline compared to the previous month.
(seafood.vasep.com.vn) Soc Trang province underscores the critical role of the fisheries sector in driving its socio-economic development. Located along Vietnam's coastline, the province features 72 km of shoreline, three major estuaries—Dinh An, Tran De, and My Thanh—and a dense river network encompassing diverse ecosystems, including saltwater, brackish, and freshwater. These natural resources provide ideal conditions for the growth of aquaculture, making the fisheries sector a cornerstone of Soc Trang’s economic strategy.
(seafood.vasep.com.vn) In 2024, the pangasius industry in Dong Thap is projected to achieve a production value of VND 8.802 billion, marking a 2.86% increase compared to 2023 and accounting for over 17% of the province's total agricultural, forestry, and fishery production value.
(seafood.vasep.com.vn) Vietnam's tuna exports to Japan have seen robust growth over the past two months. Data from Vietnam Customs shows that in October 2024 alone, tuna exports to Japan surged by 31% year-on-year, reaching nearly USD 3.5 million. This growth has offset the decline experienced in the first half of the year, raising the total export value for the first ten months of 2024 to nearly USD 28 million, a 5% increase compared to the same period last year.
A business forum was held by the Dutch Embassy in Vietnam in collaboration with the Ministry of Agriculture and Rural Development (MARD) in the Mekong Delta city of Can Tho on November 27, seeking ways for sustainable aquaculture in the region.
(seafood.vasep.com.vn) On November 18, Ms. Truong Ha Phuong Anh, Director of the Center for Investment Promotion and Business Support (iPEC), stated that during the Ca Mau Province Agricultural and Aquatic Products Trade Promotion Conference 2024, held on November 15, there were 209 direct trade interactions between 42 seafood processing and exporting enterprises, OCOP producers in the province, and five leading domestic retail companies: Central Retail, Saigon Co.op, Kingfood Mart, Bach Hoa Xanh, and Satra Supermarket.
In 2024, the Binh Dinh Agricultural Extension Center successfully implemented a semi-intensive and intensive two-stage whiteleg shrimp farming model using Semi-Biofloc technology.
(seafood.vasep.com.vn) Recently, the area dedicated to super-intensive, high-density whiteleg shrimp farming in Trà Vinh Province has been rapidly expanding due to its high productivity and economic efficiency.
(seafood.vasep.com.vn) In collaboration with provincial authorities, specialized agencies, and local coastal governments, seafood processing and export enterprises in Binh Dinh Province are actively working to address issues related to illegal, unreported, and unregulated (IUU) fishing. The shared goal is to have the European Union's "yellow card" removed this year.
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