As many as 22 Vietnamese enterprises are showcasing their products at Foodex Japan 2024, one of the largest international food and beverage exhibitions in Asia, which kicked off in Tokyo, Japan on March 5.
They include leading companies operating in the agricultural and food industries such as Masan Group Corp, An Khang Food JSC, Long Son JSC and Dong Giao Food Export JSC (Doveco).
According to Vietnamese Trade Councillor to Japan Ta Duc Minh, this year the increased number of Vietnamese booths at the exhibition means that the number of products introduced this time is more diverse. On this occasion, the Vietnamese trade office in Japan will organise business connection sessions so that importing enterprises can sign contracts with Vietnamese counterparts.
He noted that Vietnamese enterprises have paid attention to details like packaging to suit the taste of Japanese consumers, besides quality and food safety of the products.
Satake Yoichiro, a visitor to the exhibition, said he enjoys Vietnamese rice and feels that it was very delicious. He also loves Vietnamese dried fruits, especially dried mangoes, adding that he often receives gifts from Vietnamese friends like cashews nuts and they are all his favourite foods.
First held in 1976, Foodex Japan aims to promote food diversification in Japan and Asia, develop sustainable solutions to food waste, and support technological advancements for increased productivity.
This year’s event, which features 3,913 booths of 2,879 businesses from 68 countries and territories around the world, will run until March 8. It is expected to attract 80,000 visitors, including 15,000 foreign ones.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam's tuna exports in October reached nearly $93 million, marking a 22% increase compared to the same period in 2023. In the first ten months of 2024, the total export value exceeded $821 million, up 18% compared to the same period last year.
(seafood.vasep.com.vn) According to Vietnam Customs data, pangasius exports to the EU reached USD 7 million in the first half of October 2024, marking a 27% year-on-year increase. As of October 15, 2024, cumulative exports to the EU totaled over USD 134 million, reflecting a slight 0.01% decrease compared to the same period last year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, pangasius export revenue in October 2024 reached nearly $202 million, a 17% increase compared to October 2023. The cumulative export value for the first ten months of the year totaled $1.7 billion, marking a 9% year-on-year increase.
(seafood.vasep.com.vn) Vietnam's exports of crabs and other crustaceans continued to see high growth in September 2024, with a 54% increase compared to the same period in 2023. In the first nine months of the year, exports of crabs and other crustaceans reached over USD 228 million, a 67% increase year-over-year.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached $394 million in October 2024, up 24%. In the first ten months of this year, shrimp exports brought in $3.2 billion, up 13% compared to the same period last year. Exports to all major markets recorded double-digit growth in October.
International Development and Investment Corporation (IDI), a key member of the Sao Mai Group, has consistently ranked among the largest seafood producers and exporters in Vietnam.
(seafood.vasep.com.vn) In recent years, the US has consistently been Vietnam’s largest seafood export market. Over the past five years, seafood export turnover to the US has ranged from 1.5 billion USD to 2.1 billion USD anually. Despite facing strict protective policies such as anti-dumping and countervailing duties, U.S. market demand remains high, and the quality of Vietnamese seafood continues to improve, helping to maintain and expand its position in this market.
(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.
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