The Vietnamese minister made the call in his recent letter to the Minister of Commerce and Minister of Agriculture and Natural Resources of Australia.
On January 7, the Australian Department of Agriculture and Natural Resources announced the suspension of prawn and uncooked shelled shrimp imports from Asian nations in fear of white spot disease outbreaks in Australia. The ban took effect on January 9, 2017 and will last for six months.
Shrimp shipments which departed the exporting country on or after January 9, 2017 will be re-exported or destroyed when arriving in Australia. Other shipments en route to Australia will face strict examinations.
Right after the announcement, the Ministry of Industry and Trade instructed related bodies and the Vietnam Trade Office in Australia to update relevant associations and enterprises on the information while working with the Ministry of Agriculture and Rural Development to look for suitable solutions.
The Office worked with the Seafood Importers Association of Australia to have common voices in raising concern over the ban’s negative impacts on Australian shrimp importers and consumers as well as Vietnamese shrimp farmers and exporters.
The agency also met with representatives from several shrimp exporters to voice their common concern to the Australian Government.
Meanwhile, during his working session with Australian Ambassador to Vietnam Craig Chittick in Hanoi on February 10, MoIT Deputy Minister Tran Quoc Khanh briefed on huge losses caused by the ban to Vietnamese shrimp farmers and exporters, calling the Australian Government to consider, devise alternative measures and soon lift the ban in order not to impact growing trade relations between the two nations.
MoIT will continue working with relevant bodies from the two nations to ask the Australian Government to remove the ban as soon as possible.
(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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