In the first 7 months of 2019, export of cephalopod to the Netherlands fell in February and June, exports in the other months grew positively. The yellow card warning of the EU was one of the causes affecting Vietnamese cephalopod exports to the Netherlands.
The Netherlands mainly imports some products from Vietnam such as frozen squid, cuttlefish and octopus; frozen whole cleaned octopus IQF…
Vietnamese cephalopod exports to the Netherlands shall be more favorable thanks to tax incentives when the Vietnam-EU Free Trade Agreement (EVFTA) take effect. As committed in EVFTA, some squid and octopus products with high basic tax rates (20%) shall be reduced immediately to 0% ... Most frozen squid and octopus products currently that have a basic tax of 6-8% shall be reduced immediately to 0%. However, businesses must meet the requirements of origin to be able to enjoy these tariff preferences.
According to ITC statistics, from 2014-2018, imports of cephalopod into the Netherlands fell from US$ 23.5 million to US$ 8.3 million. Cephalopod imports into the Netherlands is declining due to low supply and high price. In 2018, Spain, China, Peru, France and Vietnam were the main suppliers of cephalopod for the Netherlands. Vietnam ranked fourth, accounting for 12% of the total import value of cephalopod into the Netherlands.
According to ITC statistics, frozen/processed squid and cuttle fish were the two main imported products of the Netherlands. In the first 4 months of this year, the Netherlands increased imports of frozen cuttlefish and squid. China, Spain and Germany were the main suppliers of frozen cuttlefish and squid to the Netherlands.
(seafood.vasep.com.vn) On November 18, Ms. Truong Ha Phuong Anh, Director of the Center for Investment Promotion and Business Support (iPEC), stated that during the Ca Mau Province Agricultural and Aquatic Products Trade Promotion Conference 2024, held on November 15, there were 209 direct trade interactions between 42 seafood processing and exporting enterprises, OCOP producers in the province, and five leading domestic retail companies: Central Retail, Saigon Co.op, Kingfood Mart, Bach Hoa Xanh, and Satra Supermarket.
In 2024, the Binh Dinh Agricultural Extension Center successfully implemented a semi-intensive and intensive two-stage whiteleg shrimp farming model using Semi-Biofloc technology.
(seafood.vasep.com.vn) Recently, the area dedicated to super-intensive, high-density whiteleg shrimp farming in Trà Vinh Province has been rapidly expanding due to its high productivity and economic efficiency.
(seafood.vasep.com.vn) In collaboration with provincial authorities, specialized agencies, and local coastal governments, seafood processing and export enterprises in Binh Dinh Province are actively working to address issues related to illegal, unreported, and unregulated (IUU) fishing. The shared goal is to have the European Union's "yellow card" removed this year.
(seafood.vasep.com.vn) Ca Mau Province has affirmed its position as the "shrimp kingdom" of Vietnam, with the largest area for ecological shrimp farming in the country.
(seafood.vasep.com.vn) According to data from Vietnam Customs, the export value of pangasius in October 2024 reached nearly $202 million, representing a 17% increase year-on-year. Cumulatively, pangasius exports to various markets in the first ten months of 2024 totaled $1.7 billion, marking a 9% growth compared to the same period last year.
(seafood.vasep.com.vn) On the afternoon of November 6th, Vietnam time, U.S. media announced the preliminary vote count showing that Donald Trump won the 2024 U.S. presidential election. His victory is expected to bring significant changes in taxes, trade, investment, and more. As a result, Vietnam's tuna exports will also be affected.
(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.
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