Vietnamese businesses should actively prepare the best conditions to take the advantage of preferences to be brought by the Comprehensive and Progressive Agreement for Trans Pacific Partnership (CPTPP), said experts at a seminar in Ho Chi Minh City on October 25.

(seafood.vasep.com.vn) The U.S held as one of the six leading importing markets of Vietnamese cephalopod in the first 7 months of 2018. According to the statistics of Vietnam Customs, Vietnam’s cephalopod exports to the U.S in Jun and July 2018 decreased, but thanks to the good growth in the first five months of the year, the total export value in the first 7 months year to this market still increased by 31.8%, reaching more than US$5.5 million.

(seafood.vasep.com.vn) According to statistics from the International Trade Center (ITC), South Korea's tuna imports increased from 7,645 MT to 16,134 MT in recent years.

The agro-fishery-forestry sector earned 32.6 billion USD from exports during the January-October period, up 8.1 percent year-on-year, according to the Agro Processing Market Development Authority (AgroTrade) under the Ministry of Agriculture and Rural Development.

Vietnamese tra fish quality compatibility may be approved by the Food Safety and Inspection Service (FSIS) under the US Department of Agriculture, though an official announcement has yet to be released, according to Truong Dinh Hoe, general secretary of the Vietnam Association of Seafood Exporters and Producers (VASEP).

(seafood.vasep.com.vn) The EU reamined as the largest importing market of Vietnamese shrimp in the first 7 months of this year, accounting for nearly 25%. Vietnam’s shrimp exports to EU registered the good growth in the first half of the year. However, exports to this market in July began to fall by 14.6% to see US$74 million. This was driven by a dip in the price of raw shrimp which affected on the export price. In the first seven months of this year, Vietnam’s shrimp exports to the EU market reached US$479.8 million, an increase of 26% over the same period last year.

The domestic fishing industry should promote production of tra fish and shrimp by the end of this year to take advantage of the export potential of both commodities on the world market, according to the Ministry of Agriculture and Rural Development (MARD).

Strong growth of local fisheries production and exports has helped many listed firms increase profits, with some even hitting their yearly profit targets in only nine months.

Co To island district in the northeast of Quang Ninh province is working to ensure sustainable aquaculture development.

The implementation of the Free Trade Agreement (FTA) between the Eurasia Economic Union (EAEU) and Vietnam over the last two years was reviewed at a workshop in Moscow, Russia on October 19.