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mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin-top:0cm; mso-para-margin-right:0cm; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0cm; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} </style> <![endif]--></p> <p style="margin-top:6.0pt;margin-right:0cm;margin-bottom:0cm;margin-left:0cm; margin-bottom:.0001pt;text-align:justify;line-height:15.0pt;mso-line-height-rule: exactly"><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">In their Feb. 17 import alert, the FDA indicated frozen tuna from Indonesia’s Super Saku Bali and canned tuna from the Philippines’ General Tuna Corp were refused entry in November because of decomposition and histamines.</span></p> <p style="margin-top:6.0pt;margin-right:0cm;margin-bottom:0cm;margin-left:0cm; margin-bottom:.0001pt;text-align:justify;line-height:15.0pt;mso-line-height-rule: exactly"><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">Similarly, the FDA’s March 9 import alert shows Indonesia’s Indomaguro Tunas Unggul, South Korea’s Ottogi SF Corporation, and Panama’s Green Bay International, S.A., all made the Red List within the last three months for violating the seafood Hazard Analysis Critical Control Points (HACCP). Tuna from Indonesia’s Sig Asia was also flagged for detention because its Californian importer, SevenSeas Seafoods Inc, was not up to standard in October. </span></p> <p style="margin-top:6.0pt;margin-right:0cm;margin-bottom:0cm;margin-left:0cm; margin-bottom:.0001pt;text-align:justify;line-height:15.0pt;mso-line-height-rule: exactly"><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">Once a company is Red-listed, its products are automatically detained at U.S. ports until the processor can prove it meets the U.S. food safety standards, a so-called “auto detention”. </span></p> <p style="margin-top:6.0pt;margin-right:0cm;margin-bottom:0cm;margin-left:0cm; margin-bottom:.0001pt;text-align:justify;line-height:15.0pt;mso-line-height-rule: exactly"><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">An “auto detention” usually creates a disruption of a smooth logistic process during the import into the country, thus creating problems for both the importer and the exporter. Especially in case of exporters moving large quantities to the USA this can depress business activity.</span></p> <p style="margin-top:6.0pt;margin-right:0cm;margin-bottom:0cm;margin-left:0cm; margin-bottom:.0001pt;text-align:justify;line-height:15.0pt;mso-line-height-rule: exactly"><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">“If there are recurring issues with a company, then that’s what generates the import alert,” said FDA spokesman Doug Karas. Import alerts are protective measures, he said, that are installed because a trend has been noticed. </span></p> <p style="margin-top:6.0pt;margin-right:0cm;margin-bottom:0cm;margin-left:0cm; margin-bottom:.0001pt;text-align:justify;line-height:15.0pt;mso-line-height-rule: exactly"><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">The U.S. imports about 85 percent of its seafood and they are working to improve the food safety of their imports. Last year, Congress passed a new law that requires the FDA to inspect more foreign food processing facilities. Under the Food Safety Modernization Act, the FDA had to inspect 600 foreign food facilities in 2011 and it is obligated to double those inspections every year for the next five years.</span></p> <p style="margin-top:6.0pt;margin-right:0cm;margin-bottom:0cm;margin-left:0cm; margin-bottom:.0001pt;text-align:justify;line-height:15.0pt;mso-line-height-rule: exactly"><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">In its July 2011 report, the FDA said the ultimate goal might not be attainable. “It would be impossible for FDA to complete 19,200 foreign food inspections in year six without a substantial increase in resources or a complete overhaul in the way it operates,” the report said. In 2010, the FDA only inspected 357 of the 254,088 active registered foreign facilities.</span></p>
(seafood.vasep.com.vn) The US remains Vietnam’s largest single market for shrimp imports, accounting for 20% of Vietnam's total shrimp exports globally. As of October 15th, 2024, Vietnamese shrimp exports to the US reached nearly 600 million dollas, marking a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) According to Vietnam Customs, pangasius exports to Canada reached over 1 million USD in the first half of October 2024, a 33% decrease compared to the same period last year. However, by October 15, 2024, total pangasius exports to Canada had reached 32 million USD, reflecting a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) Cà Mau is accelerating its digital transformation, developing green industries, and promoting high-tech processing of agricultural and aquatic products, with a focus on sustainable economic growth and environmental protection.
(seafood.vasep.com.vn) The Dong Thap Pangasius Festival 2024, themed 'Dong Thap Pangasius: Green Journey - Green Value', will take place on November 16-17 in Hong Ngu City.
The positive business momentum in the domestic seafood sector could last into the first half of 2025, according to experts.
(seafood.vasep.com.vn) In the first three quarters of 2024, brackish water shrimp production exceeded 1.1 million tons, with export revenue reaching $2.8 billion. The seafood industry has set a target of $4 billion for shrimp exports for the entire year.
While the price of 1 kg of shrimp hovers around 20 USD, the value of 1 kg of chitosan—extracted from shrimp—can soar to 500 USD. This highlights a significant challenge within the seafood processing industry.
(seafood.vasep.com.vn) By October, Vietnam's shrimp exports had generated nearly $3 billion, reflecting an increase of over 10% compared to the same period last year. Shrimp remains the leading commodity contributing to the export turnover of the entire seafood industry.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX VN - HoSE: FMC) concluded Q3/2024 with significant growth in revenue. Specifically, Sao Ta Food recorded revenue of VND 2,845 billion, a 58.6% increase year-on-year. The company's profit after tax reached VND 95 billion, up 6.2%.
VASEP's Seafood Export Report for the third quarter of 2024 provides a comprehensive overview of Vietnam's seafood export performance in the first nine months, with impressive results reaching $7.2 billion—an increase of 9% over the same period last year. In the third quarter alone, seafood exports grew by 15%, totaling $2.8 billion. This growth is attributed to a recovery in demand and prices in key markets such as the U.S. and China, as well as the competitive advantage of value-added products in markets like Japan and Australia.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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