According to Ca Mau Department of Industry and Trade, export turnover in 2021 reached more than 1.1 million USD, an increase of nearly 10% compared to 2020. In the first 7 months of 2022, the province's exports reached nearly 848 million USD, reaching 73% of the plan, increasing by more than 42% over the same period.
One of the important drivers for the impressive growth of Vietnam's exports in general and Ca Mau province in particular is Free Trade Agreements (FTAs). There are agreements that have recently come into effect such as: The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP); The Free Trade Agreement between Vietnam and the European Union (EVFTA)...
Since the agreements took effect, the export turnover of Ca Mau province to the member markets of the above agreements has continuously increased: the EU market in 2021 reached 135 million USD, an increase of nearly 45% compared to previous year; Ca Mau's export turnover in the first 7 months of 2022 to the UK market increased by nearly 70% over the same period.
At the seminar on disseminating the new trade agreement for officials, civil servants and businesses in the area where the International Integration Steering Committee of Ca Mau is organized, experts updated the implementation of the new trade agreements. The new generation FTAs, highlighting the effects of these agreements on economic recovery and development, are especially meaningful for localities with great seafood export potential like Ca Mau.
Compiled by My Hanh
Vietnam raked in over US$200 million from exporting tuna to 86 markets worldwide during the first quarter of the year, representing a rise of 19% against the same period from last year.
Vietnam’s pangasius export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year. UAE mainly imported frozen fillets from Vietnam.
(seafood.vasep.com.vn) According to data from General Department of Vietnam Customs, the UK imported nearly $3 million worth of pangasius from Vietnam in the first half of March 2024. Cumulative pangasius exports to this market reached $12 million as of March 15, 2024, down 3% from the same period last year.
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at 13.53 billion USD, up 21.8% over the same period last year; and this results in a trade surplus of 3.36 billion USD, a rise of 96.5%, according to the Ministry of Agriculture and Rural Development (MARD).
The southernmost locality is developing shrimp farming models that generate large outputs but are environment-friendly.
(seafood.vasep.com.vn) An Giang province's aquaculture output is predicted to reach 172.3 thousand tons in the first quarter of 2024, up 6.37% (+10.3 thousand tons) from the same time the previous year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, as of March 15, 2024, Vietnam's cephalopod exports reached more than 109 million USD, a slight decrease of 3% compared to the same period in 2023. In the first quarter of this year, Vietnam's cephalopod exports are expected to reach about 136 million USD, down 2% over the same period last year.
(vasep.com.vn) According to statistics from the International Trade Centre (ITC), Portugal is the 6th largest tuna importer in the EU. In 2023, the country's tuna imports from other countries increased by 9% compared to 2022, reaching nearly 241 million USD.
(vasep.com.vn) Vinh Hoan Corporation has just announced supplementary documents for the 2024 Annual General Meeting of Shareholders, scheduled to be held on April 17.
(seafood.vasep.com.vn) Sao Ta Food Joint Stock Company (FIMEX VN) has just announced that in March 2024, finished shrimp output reached 2,000 tons and finished shrimp consumption reached 1,693 tons, an increase of 74%, and 42% over the same period in 2023, respectively.
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