EU is an export market that brings high added value and is the destination of many seafood exporters in Ba Ria – Vung Tau. With 20 enterprises authorized for export to EU, its average annual seafood export turnover reaches US$200 million. So far this year, Ba Ria – Vung Tau’s export turnover to this market decreased by 11% over the same period of 2009. Besides such common difficulties as lack of raw materials for processing, lack of labor, problems of domestic and international legal regulations, the biggest trouble is weakening EUR and decreasing expenditure.
Mr. Le Van Khang, General Director of Coimex said that exporters to EU must meet such mandatory standards as food hygiene, safety, labeling manners, documentation, delivery deadlines, etc as well as understand “rules” of importers to maintain this market.
Although more strict requirements, EU remains an ideal market for exporters with the attractiveness of price and high input power. Mr. Nguyen Canh Cuong, Deputy General Director of European Market Department, Ministry of Industry and Trade of Vietnam said some EU member states remain the support regime for enterprises in the block to cooperate with Vietnam’s enterprises. Besides, some member countries such Finland and Sweden are designing the support program for new enterprises to seek partners in Vietnam. Especially, EU highly assesses ecological environment in Vietnam, EU consumers are willing to pay higher price for organic products and considers Vietnam as one of potential organic product producers. Agriculture and fishery product producers must understand Euro GAP standards and pay attention to other issues such as pesticide residues management, social responsibility, fair trade, etc.
In Vietnam, the Ministry of Industry and Trade (MIT) also has programs to help its enterprises improve product quality, trade promotion and market expansion to EU. In 2010 alone, MIT held many workshops and supported some enterprises to research EU market. This is a good opportunity for enterprises to bring their products into the market.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (ticker symbol FMC - HoSE), one of Vietnam's largest shrimp exporters, recently announced its 2024 business results.
(seafood.vasep.com.vn) The United States remains one of the largest importers and consumers of Vietnamese pangasius, primarily in the form of frozen fillets. However, in recent years, the country has significantly increased its imports of value-added pangasius products.
(seafood.vasep.com.vn) After reaching a peak of nearly USD 6 million in June 2024, the export value of Vietnamese tuna to Italy has stagnated and continuously declined in the last five months of the year. Cumulatively, by December 15, 2024, export turnover to this market decreased by 18% compared to the same period in 2023, reaching over USD 30 million. With this decline, Italy is no longer Vietnam's largest tuna import market within the EU bloc.
The Mekong Delta province of Tien Giang, with its 32-km coastline, is well-positioned to develop a thriving seafood industry. Recognising the importance of sustainable offshore fishing, local authorities have implemented policies to modernise the fishing fleet and support operations in offshore waters.
(seafood.vasep.com.vn) On the evening of December 23, 2024, in Ho Chi Minh City, the Vietnam Association of Seafood Exporters and Producers (VASEP) held a ceremony to celebrate the seafood export milestone of 10 billion USD, with hopes for continued growth in 2025. The event was attended by Deputy Minister of Agriculture and Rural Development Phung Duc Tien, Deputy Minister of Foreign Affairs Nguyen Minh Hang, and representatives from various ministries, as well as domestic and international partners.
(seafood.vasep.com.vn) With a market share exceeding 10% in Vietnam's aquafeed sector, Sao Mai Super Feed has affirmed its position as one of the leading brands, making a significant contribution to the development of the pangasius industry and elevating Vietnamese pangasius products on the international stage.
Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP) Nguyen Hoai Nam said that in the past 5-6 years, Vietnam's seafood export value has only hovered around 8-10 billion USD/year. To reach the value of 16 billion USD by 2030, Mr. Nam proposed establishing corporations/enterprises to exploit the sea.
(seafood.vasep.com.vn) Vinh Hoan Seafood (stock code VHC) announced that its export turnover to three key markets— the U.S., EU, and China—grew between 32% and 40% in November 2024 compared to the same period in 2023.
(seafood.vasep.com.vn) Shrimp exports for the first 11 months of 2024 brought in nearly 3.6 billion USD, up 22% compared to the same period last year. Exports to major consumption markets all recorded double-digit growth.
(seafood.vasep.com.vn) In 2023, total pangasius imports into the European Union saw a significant decline compared to the previous year. Approximately 70,000 tons were imported, 3,000 tons less than in 2022, according to a report from FAO-Globefish.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
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Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
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