The top legislator highly valued the role of the EU and the trade official in promoting the signing of the two agreements.
Malmstrom said the signing shows remarkable progress in the relations between Viêt Nam and the EU which helps reinforce the bilateral partnership and comprehensive cooperation.
With the two pacts, the two sides hope bilateral relations will reach further based on the implementation of joint commitments focusing on trade and investment.
The signing marked an important historical milestone, she said, adding that the EU will continue supporting Viêt Nam to implement the follow-up work related to the agreements.
Malmstrom stressed the importance of implementing the pacts, including the programme on trade and sustainable development, to bring benefits for employees and locals.
Chairwoman Ngân said at the working session of the NA at this year’s end, the legislature will conduct the ratification of the EVFTA and continue improving the legal system to implement the two deals.
She said the two trade pacts will help elevate the bilateral relations to a new height and open up numerous cooperation opportunities for their businesses.
The top legislator said she believed that after being ratified and implemented, the two agreements will bring benefits for Vietnamese and EU peoples, businesses, and investors.
The two sides agreed that the maintenance of dialogue is important not only in the process of implementing the agreements but also deepening the cooperative ties within the framework of the EU-Viêt Nam Comprehensive Partnership and Cooperation (PCA).
Viêt Nam and EU’s relevant agencies will closely work together to prepare the next steps to submit to the Vietnamese NA and the European Parliament for early ratification.
Chairwoman Ngân said that the common perception of Viêt Nam and the EU is enhancing cooperation not only for the benefits of the two sides, but also for the world’s prosperity.
Later the same day, Malmstrom met Vietnamese Vice President Đặng Thị Ngọc Thịnh.
Source: VNS
SSI forecasts a 28% year-on-year increase in after-tax profit attributable to the parent company of Vinh Hoan Corporation (VHC), driven by a gradual improvement in average selling prices from USD 3.15/kg in 2024 to USD 3.30/kg (+5%) in 2025. An Giang Fisheries Import-Export Joint Stock Company (ANV)'s after-tax profit attributable to the parent company is projected to rebound by 104%.
In 2025, the Mekong Delta province of Bac Lieu aims to earn 1.2 billion USD from exporting shrimp, one of the key export products that accounts for over 95% of its total export value.
(seafood.vasep.com.vn) The Report on Vietnam Pangasius Sector 2015–2024, produced and released by the Vietnam Association of Seafood Exporters and Producers (VASEP) in January 2025, is expected to provide enterprises, importers, and government agencies with a comprehensive overview of key developments in Vietnam's pangasius production and export over the past decade. In addition to highlighting achievements, the report identifies existing challenges and analyzes future opportunities and threats for the pangasius industry.
(vasep.com.vn) Overcoming two years of fluctuation in both export markets and domestic production, Vietnam's pangasius industry has demonstrated resilience, adaptability, and a strong determination to seize opportunities and boost exports to various markets. As a result, in 2024, pangasius exports reached USD 2 billion, a 9% increase compared to 2023. This achievement is a source of pride for Vietnam's aquaculture and agriculture sectors.
(seafood.vasep.com) Speaking at a conference to implement the 2025 plan of the Ministry of Agriculture and Rural Development, Prime Minister Pham Minh Chinh urged the agricultural sector to strive for a total export turnover of agricultural, forestry, and fishery products reaching $70 billion by 2025.
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
In 2025, seafood exports are expected to continue to grow better and could reach 11 billion USD as in 2022. However, this is also the year the seafood industry will face challenges, including increased competition from other countries, trade wars and market barriers...
(seafood.vasep.com.vn) On the afternoon of December 25, at Toan Thinh Conference Center (Soc Trang City), the Soc Trang Fisheries Sub-department, under the Department of Agriculture and Rural Development of Soc Trang, held a conference to review the 2024 aquaculture activities and outline the brackish water shrimp farming plan for 2025. The event was attended by Ms. Quach Thi Thanh Binh, Deputy Director of the Department of Agriculture and Rural Development of Soc Trang.
The Mekong Delta province of Soc Trang aims to achieve export value of over 1.9 billion USD in 2025 by boosting production and processing of key products such as seafood, high-quality rice, fruits, and garments.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
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