Chandramouli pointed out that Indian food exporters ran into a variety of regulatory hurdles when exporting abroad, but the same could not be said of importers in India.
“Our food exporters have to adhere to various stringent set of rules and regulations for exporting food, while we do not put the same sort of stringency on imported food,” said Chandramouli said of regulation in the imported food sector.
“It is imperative to evolve standards for domestically consumed food as we have been having a lacksadaisical approach towards setting standards. We do have some standards to begin with but we need to take more steps in this regard to ensure the safety of food for consumption which comes from outside,” he added.
Building a consensus
Chandramouli said that the new mechanism is being worked out in consultation with all the stakeholders including scientists, laboratories, experts and industry representatives.
“We are talking to operators involved in import-export of food to ensure that for their goods get accepted we need to set standards that are internationally minimum,” he said, adding that new standards will be out by year's end.
Chandramouli remarked that it was important to have the direct stakeholder; the importer into the discussion, since a consensus was also needed amongst the importers of various products and regions to agree as a body.
Devanshu Malhan, an importer of confectionary products for retail stores in India, told FoodNavigator-Asia that the move towards a standardised ecosystem is a good thing provided all the importers are heard.
“You can’t just take the interests of one food sector into consideration and make a standard for all. If that is taken care of, I think we will have a better-regulated market that will benefit all. The safety end of it would be taken care of,” he said, in reference to concerns in India about the quality of imports.
(seafood.vasep.com.vn) According to a report by the General Statistics Office, the estimated pangasius output for January 2025 reached 102.5 thousand tons, representing a 6.0% increase compared to the corresponding period of the preceding year. This surge is attributed to the rise in pangasius material prices within the Mekong Delta, which has incentivized aquaculture farmers to expand their stocking activities. Concurrently, this price increase has facilitated processing enterprises to intensify procurement efforts to meet export demands during the early part of the year.
(seafood.vasep.com.vn) Between 2015 and 2024, Vietnamese pangasius exporting enterprises have undergone notable transformations in rankings and experienced fluctuations in developmental strategies, competitive intensity, and business efficacy. This dynamic is clearly illustrated through shifts in export turnover and the proportional contribution to the national pangasius export volume among the Top 5 enterprises.
(seafood.vasep.com.vn) The outlook for Vietnam’s seafood exports remains positive, with a strong focus on maintaining growth in key markets like China and the U.S., while diversifying into new regions. As global trade policies continue to evolve, adaptability and strategic planning will be key to navigating the challenges ahead.
(seafood.vasep.com.vn) Thanks to improved pangasius prices and higher production, Vĩnh Hoàn's after-tax profit in Q4 2024 reached VND 440 billion, a 4.8-fold increase compared to the same period last year.
(seafood.vasep.com.vn) According to data from Vietnam’s Customs, in Q4 2024, Vietnam’s pangasius exports to China & Hong Kong reached USD 163 million, a 17% increase compared to the same period in 2023, with consistent growth across all months. The total value of pangasius exports to China & Hong Kong for 2024 reached USD 581 million, a 1% increase over the previous year.
Vietnam’s seafood exports are projected to maintain strong growth this year, potentially reaching 11 billion USD.
(seafood.vasep.com.vn) In the final quarter of 2024, Vietnam’s surimi and fish cake exports showed consistent growth over the last three months. For the entire year 2024, exports of these products reached USD 298 million, down 2% compared to 2023. However, the final quarter saw more promising signs for the surimi and fish cake export sector, with some markets experiencing notable growth, such as Thailand, China, and Taiwan. Particularly, exports to Taiwan, which had seen continuous declines in the previous two quarters, surged by 301% in this quarter.
(seafood.vasep.com.vn) Another year of pride for Vietnam's pangasius exports has concluded, reaching over USD 2 billion and contributing 20% to Vietnam's total seafood export turnover.
Vietnam maintained its position as the fifth-largest seafood exporter to Singapore for 12 consecutive months, surpassing Japan for the first time in 2024, amid the intensifying competition in this market.
(seafood.vasep.com.vn) Despite facing numerous challenges in the second half of the year, Vietnam's canned tuna exports concluded 2024 with a 17% increase compared to 2023, reaching USD 299 million. To maintain this growth momentum in 2025, the canned tuna production and export sector requires coordinated efforts from all stakeholders.
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