According to Ngo Van Tuan, Director of the Tien Giang Department of Industry and Trade, exports from the FDI sector accounted for 60 percent of the total figure.
An upturn was seen in export revenue of all major products of the province, leading by copper pipe with 49.2 percent to reach 137 million USD, followed by footwear at 38.5 percent (133 million USD), garment and textile at 23.8 percent (120.2 million USD).
In the first three months, the province shipped abroad 31,300 tonnes of processed aquatic products, mostly fillets of tra fish for 77.9 million USD, a rise of 3.5 percent in volume and 20 percent in value.
Meanwhile, the province sold over 58,500 tonnes of rice abroad for 28.9 million USD, an increase of about 8 percent in both volume and value, along with 1,620 tonnes of star apples for 3.2 million USD.
Tuan noted that the largest import market of the province was the America with 40.3 percent of total products, followed by Asian countries with 38.4 percent, and Europe with 17 percent.
Le Van Nghia, Vice Chairman of the provincial People’s Committee said that right in the beginning of the year, the province has applied measures to increase exports by promoting markets in both traditional and potential ones.
In 2018, Tien Giang targets 2.65 billion USD in export earnings, a rise of 5.4 percent year on year.
VNA
(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.
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