For key shrimp products alone, 34-48 per cent of Vietnamese shrimp output imported into South Korea is subject to an out-of-quota tax of 20 per cent in the 2016-2023 period.
Vietshrimp 2024 is jointly organised by the Directorate of Fisheries, Việt Nam Fisheries Association (VINAFIS), Việt Nam Fisheries Magazine and the Department of Agriculture and Rural Development of Cà Mau Province.
According to VASEP, as of February 15, Vietnamese shrimp exports to Australia reached more than US$23 million, an increase of 48 per cent over the same period in 2023.
Vietnamese shrimp exporters will face a number of challenges this year, including strong competitors from other countries and high production costs, experts have warned.
As one of the leading shrimp raisers in Viet Nam, where seafood products are a key export, Viet-Uc Group and AquaEasy have announced an official commercial partnership, applying AI technology in local shrimp ponds.
As Viet Nam joins more international trade agreements, dealing with and overcoming trade defence measures has become a top priority for Vietnamese businesses, especially for those working with markets known for their numerous and robust defence instruments such as the...
The US Department of Commerce (DOC) on Wednesday released the final results of the 13th period of review (POR 13), officially imposing zero per cent tariffs on 31 Vietnamese shrimp exporters.
The European Union (EU) market was the largest export market of Vietnamese shrimp in the first quarter of this year, according to Viet Nam Association of Seafood Exporters and Producers (VASEP).
The Minister of Agriculture and Rural Development Nguyen Xuan Cuong said
that it was necessary to identify shrimp as a national strategic
product to boost farming, enhance quality and build a
globally-recognised Vietnamese shrimp brand.