GENERAL INFORMATION

In Vietnam, the fishery sector plays an important role in the national economy, accounting for about 4-5 percent of Gross Domestic Product (GDP) and about 9-10% of national export revenue.

More than 4 millions of people working in the fishery and the growth in production have attributed to the fish exports. Thanks to strongly increase in many years, Vietnam ranks among the top ten seafood suppliers and its seafood products are exported to 170 markets in the world.

Shrimp, pangasius, tuna, squid and octopus are main seafood products exported by the country. In which, shrimp exports create about US$ 3.5 – 4 billion, make up 46-50% of the total seafood sales of Vietnam. Earnings from pangasius reached at US$ 1.7 – 1.8 billion (25% of the total) and exports from Tuna and Cephalopods are US$ 450 – 550 million for each.

Exports to the U.S, Japan, EU, China and South Korea make up 75% of Vietnam’s seafood sales to the wolrd.

5 advantages for Vietnam seafood exports:  

(1)  High commitment and participation from Government, Industry and companies for food safety, environment  and social responsibility;

(2)  Able to supply the big volume and safe quality and stable seafood products;

(3)  Meet all the customers’ requirements, incl. the vertical linkage (integration) for each species sector;

(4)  Vietnam is one in few countries in the world which has the good and stable labor resource; 

(5)  Vietnam has Agreements / FTAs with many countries and territories and has advantages both in product quality and im-ex tax.  

Conference seeks to foster PPP in agriculture

A conference held in Hanoi on November 30 discussed promoting links in agricultural development under private-public partnership (PPP) in Vietnam.

As an annual meeting of the “Partnership for Sustainable Agriculture in Vietnam (PSAV) member partners hosted by the Ministry of Agriculture and Rural Development (MARD), the event reviewed PSAV partners in 2010-2016 and discussed plans for agricultural partnership development with the involvement of Vietnam’s private sector.

Grahame Dixie, Executive Director of Grow Asia in Vietnam, said the meeting offered an opportunity for participants to propose new initiatives and effective methods, opening a new chapter of PPP development in Vietnam.

Grow Asia wants to provide support to Vietnamese partners, he stressed, adding that the firm hopes to cooperate with Vietnam to help the country further expand markets for its agricultural products.

Experts at the meeting mentioned difficulties facing Vietnam in promoting links between domestic agricultural enterprises and those abroad because the PPP model for agriculture is only a pilot in Vietnam.

According to MARD Minister Nguyen Xuan Cuong, agricultural restructuring targeting high-added value must be based on science, technology, administration, and assistance from big groups and financial institutions.

The forum provided a venue to listen to investors from PSAV’s consultation groups on the implementation of the PPP model and relevant policies, thus improving the MARD’s management and Vietnam’s policies in PPP.

Formed in 2010 by the MARD and Nestle Vietnam, the PSAV comprises over 60 partners from global and local companies, provincial authorities, and Vietnam’s research institutes, and international and non-governmental organisations. It focuses on six crops, agri-finance and agrochemicals.

Source: VNA


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