Many businesses from Guangzhou city of China have shown their interest in importing Vietnamese aquatic products, according to Le Hoang Tai, Vice Director of the Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade. Speaking at a recent online Vietnam-China seafood trade exchange, which drew more than 30 Vietnamese seafood producers and many Guangzhou firms, Tai held that this is a good sign for aquatic sector amid the spreading of COVID-19 in many localities, affecting the sector’s supply chain.
According to Tai, due to COVID-19 impacts, Vietnam’s export of aquatic products to Guangzhou has faced many difficulties and almost traditional trade promotion activities have been postponed or cancelled. Earlier in November 2020, China tightened the control of frozen food import in some major trade hubs due to COVID-19 pandemic by requiring four different kinds of certificates. Along with the using of technology platforms and social networks such as Facebook, Viber and Zalo, the Vietrade has coordinated with Vietnamese Trade Offices abroad and trade associations to organise trade promotion activities, while connecting domestic exporters, suppliers and trading service providers, and updating local firms on market developments, thus seeking markets for export products. He expressed his hope that the event will help Vietnamese firms study needs and requirements of the Guangzhou market and seek more partners. Guangzhou businesses highlighted their demands for many kinds of Vietnamese aquatic products such as small-sized lobsters, shrimps, catfish, craps, tuna, octopus, and sea cucumbers. Nguyen Thi Thu Thuy, Vice Director of the Vietrade’s Export Support Centre said that a large number of orders were made at the event. Averagely, each Guangzhou firm needs 4-5 containers of aquatic products each week to serve the demand of Guangzhou and other markets in China. She added that Vietnamese firms are ready to provide the products. Chinese firms also asked for support from the Vietrade in setting up their branches in Vietnam for aquatic product buying. Also on August 10, the Vietrade helped connect 30 Vietnamese aquatic firms with partners in Rumania, Switzerland and the Czech Republic. The trade exchange events were part of a series of online conferences connecting consumption and boosting exports of seafood and breeding products of the Southern and Central Highlands regions hosted by the Ministry of Industry and Trade on August 6, 9 and 10.
(seafood.vasep .com.vn) The return of Donald Trump to the White House for a second term will bring significant impacts on Vietnam, particularly its pangasius export sector. Trump's economic policies, such as raising import tariffs, reducing corporate income taxes, and attracting foreign direct investment (FDI) back to the US, are expected to directly influence various industries in Vietnam.
(seafood.vasep.com.vn) The UAE ranked 16th among importers of Vietnamese shrimp from 2018 to 2022, accounting for approximately 0.5% of Vietnam's total shrimp export value. Annually, Vietnam exported around US$20 million worth of shrimp to this market.
(seafood.vasep.com.vn) The company also announced that its farms are well-prepared and will begin stocking in mid-November when the weather conditions are favorable.
(seafood.vasep.com.vn) To maximize natural advantages and increase the value of local aquatic products, Ca Mau province is promoting the ecological shrimp farming model under mangrove forests. This model not only brings high profits to people thanks to businesses committing to purchasing products at prices 10-20% higher than the market price but also aims for sustainable development and environmental friendliness.
(seafood.vasep.com.vn) The Comprehensive Economic Partnership Agreement (CEPA) between Vietnam and the United Arab Emirates (UAE) was signed after just over a year of negotiations. With high demand for premium seafood in the UAE, particularly for shrimp and tuna products, Vietnam’s tuna industry is expected to gain increased export opportunities and higher product value thanks to the preferential terms of the CEPA.
(seafood.vasep.com.vn) In October 2024, seafood exports from Vietnam are estimated to exceed $1 billion, marking a 28% increase compared to the same period last year. This achievement signifies the first return to the $1 billion milestone in 27 months, since June 2022, providing a significant boost for Vietnamese seafood enterprises.
(seafood.vasep.com.vn) Under the theme "Dong Thap Pangasius: Green Journey - Green Value," the Dong Thap Pangasius Festival 2024 will take place over two days, November 16th and 17th, at Vo Nguyen Giap Square in Hong Ngu City.
(seafood.vasep.com.vn) The Department of Agriculture and Rural Development of Kien Giang has announced a plan to stabilize the biosafety rice-shrimp production area at 117,340 hectares by 2030.
(seafood.vasep.com.vn) According to the Department of Fisheries in Ca Mau, the total aquatic product output in the region is estimated at 536,140 tons as of October 17, achieving 82.23% of the annual plan and marking a 1.74% increase compared to the same period last year. Within this total, shrimp production stands at 208,495 tons, reaching 82.41% of the planned target and showing a 2.23% increase year-over-year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, pangasius exports to Iraq have surged significantly in the first nine months of 2024, marking the highest levels seen in three years. This upward trend has positioned Iraq as a key market for Vietnamese pangasius, even surpassing Iran, traditionally regarded as a gateway for trade between Vietnam and the Middle East.
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