According to the Department of Agriculture and Rural Development (Agriculture and Rural Development) of Binh Dinh province, there are more than 3,200 offshore fishing vessels in this locality, of which nearly half practice ocean tuna fishing with a catch of about 11,000 tons/year.
Recently, Binh Dinh Department of Agriculture and Rural Development has cooperated with Mai Tin Food Company Limited (an enterprise with 100% Japanese capital, based in Khanh Hoa province) to build a project on the chain of production and consumption of ocean tuna of Binh Dinh.
The goal of the project is to build a sustainable link chain, tuna products with stable output and high selling price. In addition to increasing income for fishermen, the project also aims to increase the brand value of "Binh Dinh Tuna", creating a source of stable quality raw materials to meet the processing and export needs of enterprises.
Participating in the project are 30 tuna fishing boats of fishermen in Hoai Nhon town. These ships are supported by Binh Dinh province in training, transferring scientific and technical advances, and providing financial support for fishermen to invest in machinery and equipment for exploitation and product preservation according to Japanese technology.
Enterprises in charge of cooperation to implement the project will buy all tuna products under contracts signed with ship owners at prices higher than market prices. Currently, Mai Tin Food Company Limited has completed the construction of phase 1 of a processing factory in Nhon Hoi Economic Zone (Quy Nhon City, Binh Dinh Province) with a capacity of 8,000 tons/year.
Mr. Tran Van Phuc, Director of Binh Dinh Department of Agriculture and Rural Development, said that in the past, ocean tuna caught by Binh Dinh fishermen was exported to Japan by air, so the transportation cost was too high. Now, the products of Mai Tin Food Co., Ltd. are filleted, frozen quickly and exported by sea, so the quality is guaranteed and the economic efficiency is higher.
(seafood.vasep.com.vn) Vietnam's tuna exports reached around $84 million in March 2024, a 17% rise. Vietnam's total tuna export revenue for the first three months of 2024 was $215 million, up 19% from the same time in 2023 but down 17% from 2022. It is anticipated that tuna exports may miss the billion-dollar mark as in 2022 at this rate and the difficulties the business faces.
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.
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