Addressing a meeting in Hanoi on June 12 with an Australian delegation attending the Australia-Vietnam Investment and Trade Expo, the Deputy PM said that Vietnam hopes for Australian firms’ affiliation in exporting and distributing Vietnam’s farm and aquatic products to Australia.
He noted that Vietnam and Australia have become important partners in all fields, including defence-security, economic-trade, education, science-technology, as well as at regional and international multilateral forums.
The two countries have passed partnership programmes for trade, security and renovation, he said.
Economy-trade is the most developed area in bilateral partnership, he said, pointing that last year, two-way trade reached 5.26 billion USD, up 6.5 percent over 2015. As of the end of March 2017, Australia has 396 projects in Vietnam with1.82 billion USD, ranking 19th out of 116 countries and territories investing in the country.
Deputy PM Binh held that education and tourism are promising cooperation areas for the two sides. Currently, about 30,000 Vietnamese students are studying in Australia, he said, adding that Vietnam is a popular destination among Australian tourists, while the number of Vietnamese visiting Australia is on the rise.
Highlighting Vietnam’s efforts to continue improving the business and investment environment to enter ASEAN’s leading group, he stressed the importance of the private and foreign-invested sectors to the country’s economic growth and competitiveness.
Vietnam’s National Assembly is mulling over the Law on Support of Small and Medium-sized Enterprises, thus backing the firms’ development, said the Deputy PM.
Meanwhile, Enda Stankard from Moelis Investment Fund said that the Australian delegation’s attendance in the Australia-Vietnam Investment and Trade Expo aims to foster cultural and trade exchanges between the two countries. The delegation held meetings with many authorized agencies with Vietnam, he said.
Stankard stated that more Australian enterprises are interested in Vietnam’s green and renewable energy from waste and copyright.
At the same time, many Vietnamese businesses are investing in Australia in agriculture, mining, and skilled labour export, he added.
Source: VNA
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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