According to the Directorate of Fisheries (Ministry of Agriculture and Rural Development - Agriculture and Rural Development), this is the first shipment to open the new year of the fisheries sector, organized by the Ministry of Agriculture and Rural Development to export to a series of high-end markets like the US, EU, Japan ...
"With 8 containers, each container holds about 20 MT of shrimp, more than 160 MT of shrimp processed by Minh Phu Hau Giang Fishery Joint Stock Company (Song Hau Industrial Park, phase 1, Chau Thanh district, Hau Giang province) will open for seafood export of the country"- Director of Directorate of Fisheries Tran Dinh Luan emphasized.
Hosted the first shrimp export ceremony abroad, Deputy Minister Phung Duc Tien highlighted: Vietnam has been negotiating, signing, and implementing 16 free trade agreements (FTAs), especially several new free trade agreements such as CPTPP, EVFTA, and most recently RCEP.
“Regardless of the complicated developments of COVID-19, the shrimp industry has still been a high economic value industry. It is forecasted that shrimp exports in 2021 will raise by 15% compared to 2020, reaching US$ 4.4 billion ”- Deputy Minister Phung Duc Tien said.
According to the director of the Agro Processing and Market Development Authority (Ministry of Agriculture and Rural Development) in the current context, the market has many fluctuations and challenges. Besides, the world economy in 2021 is forecasted to be complicated and unpredictable, reflecting in the increasingly fierce competition in strategy, trade conflicts, market competition, technology, and high-quality human resources;
“Non-traditional security challenges, especially climate change, have been increasing both in terms of impact and intensity. The disease progresses complicatedly, especially the COVID-19 pandemic. The fact that countries issued the lockdown to slow the spread of COVID-19 has partly created disruptions in the supply chain and trade flows. Those are bottlenecks that Vietnam needs to overcome to achieve the growth as expected "- Dr. Nguyen Quoc Toan said.
(seafood.vasep .com.vn) The return of Donald Trump to the White House for a second term will bring significant impacts on Vietnam, particularly its pangasius export sector. Trump's economic policies, such as raising import tariffs, reducing corporate income taxes, and attracting foreign direct investment (FDI) back to the US, are expected to directly influence various industries in Vietnam.
(seafood.vasep.com.vn) The UAE ranked 16th among importers of Vietnamese shrimp from 2018 to 2022, accounting for approximately 0.5% of Vietnam's total shrimp export value. Annually, Vietnam exported around US$20 million worth of shrimp to this market.
(seafood.vasep.com.vn) The company also announced that its farms are well-prepared and will begin stocking in mid-November when the weather conditions are favorable.
(seafood.vasep.com.vn) To maximize natural advantages and increase the value of local aquatic products, Ca Mau province is promoting the ecological shrimp farming model under mangrove forests. This model not only brings high profits to people thanks to businesses committing to purchasing products at prices 10-20% higher than the market price but also aims for sustainable development and environmental friendliness.
(seafood.vasep.com.vn) The Comprehensive Economic Partnership Agreement (CEPA) between Vietnam and the United Arab Emirates (UAE) was signed after just over a year of negotiations. With high demand for premium seafood in the UAE, particularly for shrimp and tuna products, Vietnam’s tuna industry is expected to gain increased export opportunities and higher product value thanks to the preferential terms of the CEPA.
(seafood.vasep.com.vn) In October 2024, seafood exports from Vietnam are estimated to exceed $1 billion, marking a 28% increase compared to the same period last year. This achievement signifies the first return to the $1 billion milestone in 27 months, since June 2022, providing a significant boost for Vietnamese seafood enterprises.
(seafood.vasep.com.vn) Under the theme "Dong Thap Pangasius: Green Journey - Green Value," the Dong Thap Pangasius Festival 2024 will take place over two days, November 16th and 17th, at Vo Nguyen Giap Square in Hong Ngu City.
(seafood.vasep.com.vn) The Department of Agriculture and Rural Development of Kien Giang has announced a plan to stabilize the biosafety rice-shrimp production area at 117,340 hectares by 2030.
(seafood.vasep.com.vn) According to the Department of Fisheries in Ca Mau, the total aquatic product output in the region is estimated at 536,140 tons as of October 17, achieving 82.23% of the annual plan and marking a 1.74% increase compared to the same period last year. Within this total, shrimp production stands at 208,495 tons, reaching 82.41% of the planned target and showing a 2.23% increase year-over-year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, pangasius exports to Iraq have surged significantly in the first nine months of 2024, marking the highest levels seen in three years. This upward trend has positioned Iraq as a key market for Vietnamese pangasius, even surpassing Iran, traditionally regarded as a gateway for trade between Vietnam and the Middle East.
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