Denmark is a highly industrialized country with a modern economy, with a high standard of living and government services. Although the population is only about 5.8 million people, Denmark's GDP reaches 2496.6 billion DKK (equivalent to 354.2 billion USD) and per capita income reaches about 65,669 USD .
Denmark's business environment is considered friendly, ranked by the World Bank as the country with the best business environment in Europe for 10 consecutive years. Denmark also ranks in the top 5 countries with a good business environment.
Denmark is not only the only country in Northern Europe to establish a comprehensive partnership with Vietnam, but also one of Vietnam's potential trade partners in the European region because of its strategic location( this is the gateway area connecting the North with the rest of Europe). Besides, for many years, Denmark has implemented trade liberalization and market opening policies to create favorable conditions for enterprises to export to this market.
Denmark will be a potential market for Vietnam seafood, especially tuna and pangasius
Denmark is one of the leading seafood trading partners of Vietnam within the bloc. When the Free Trade Agreement between Vietnam and the European Union (EVFTA) came into effect, it boosted the seafood trade of Denmark and Vietnam, including tuna.
According to statistics of Vietnam Customs, Vietnam's tuna export turnover to this market has increased from 407 thousand USD in 2019 to nearly 2 million USD in 2021. In the first 8 months of 2022 alone, the tuna export value to this market reached nearly 4 million USD, up 375% over the same period in 2021.
Vietnam from the 5th largest tuna supplier outside the block to the Danish market in 2021 has surpassed Thailand, Mauritius becomes the largest tuna supplier in the first 5 months of 2022.
Currently, there are only 5 enterprises participating in exporting tuna to this market, including: Halong Canfoco DaNang Co., Ltd, Bidifisco, Tuna Vietnam, FoodTech, T&H Nha Trang Co. Ltd.
Compiled by Thuy Linh
(seafood.vasep.com.vn) The Report on Vietnam Pangasius Sector 2015–2024, produced and released by the Vietnam Association of Seafood Exporters and Producers (VASEP) in January 2025, is expected to provide enterprises, importers, and government agencies with a comprehensive overview of key developments in Vietnam's pangasius production and export over the past decade. In addition to highlighting achievements, the report identifies existing challenges and analyzes future opportunities and threats for the pangasius industry.
(vasep.com.vn) Overcoming two years of fluctuation in both export markets and domestic production, Vietnam's pangasius industry has demonstrated resilience, adaptability, and a strong determination to seize opportunities and boost exports to various markets. As a result, in 2024, pangasius exports reached USD 2 billion, a 9% increase compared to 2023. This achievement is a source of pride for Vietnam's aquaculture and agriculture sectors.
(seafood.vasep.com) Speaking at a conference to implement the 2025 plan of the Ministry of Agriculture and Rural Development, Prime Minister Pham Minh Chinh urged the agricultural sector to strive for a total export turnover of agricultural, forestry, and fishery products reaching $70 billion by 2025.
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
In 2025, seafood exports are expected to continue to grow better and could reach 11 billion USD as in 2022. However, this is also the year the seafood industry will face challenges, including increased competition from other countries, trade wars and market barriers...
(seafood.vasep.com.vn) On the afternoon of December 25, at Toan Thinh Conference Center (Soc Trang City), the Soc Trang Fisheries Sub-department, under the Department of Agriculture and Rural Development of Soc Trang, held a conference to review the 2024 aquaculture activities and outline the brackish water shrimp farming plan for 2025. The event was attended by Ms. Quach Thi Thanh Binh, Deputy Director of the Department of Agriculture and Rural Development of Soc Trang.
The Mekong Delta province of Soc Trang aims to achieve export value of over 1.9 billion USD in 2025 by boosting production and processing of key products such as seafood, high-quality rice, fruits, and garments.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
(seafood.vasep.com.vn) In November 2024, Vietnam's tuna exports failed to maintain the rapid growth momentum seen earlier. Export value during the month increased by nearly 4% year-on-year, reaching approximately USD 82 million. Cumulatively, the export value for the first 11 months of 2024 totaled USD 903 million, a 17% increase compared to the same period in 2023. However, at this growth rate, the total export turnover for 2024 is estimated to only reach around USD 1 billion.
(seafood.vasep.com.vn) On the evening of December 24, 2024, in Hanoi, the Central Youth Union, Viet nam Youth Federation and the Vietnam Young Entrepreneurs Association held the Vietnam Golden Star Award Ceremony 2024, with the theme "Reaching Vietnam", honoring 200 outstanding enterprises. Deputy Prime Minister Nguyen Hoa Binh attended.
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