To better exploit the tariff incentives from the UKVFTA, it is necessary for Vietnamese fishery producers and exporters to focus on improving quality and supply capacity to expand market share in the UK
PM Chinh was speaking at the conference with Viet Nam Timber and Forest Products Association (Viforest) and Viet Nam Association of Seafood Exporters and Producers (Vasep)
The Ministry of Agriculture and Rural Development (MARD) expects to exceed its annual export target for agricultural, forest and fishery products, thanks to the restoration of production and business after the COVID-19 outbreak.
Viet Nam’s total import-export turnover for agricultural, forestry and fishery products in January-September was estimated at nearly US$52.8 billion, making for a trade surplus of $7.2 billion.
Viet Nam exported agro-forestry-fishery products worth a total of US$5.3 billion in the first two months of this year, representing a slight of 2.8 per cent against the same period in 2019.
The agriculture sector this year is targeting gross domestic product (GDP) growth of 2.9-3 per cent and export value of agricultural, forestry and fishery products of US$42 billion.
The Ha Noi Department of Agriculture and Rural Development has so far managed and granted administrative account codes for 2,527 for facilities, co-operatives, businesses and shops which trade safe food, agro, forestry and fishery products in the capital city.
China has been strengthening its management system and has certain requirements in terms of standards, traceability, packaging, labels and packaging, which has affected the exports of many enterprises.
Export turnover of agro-forestry-aquatic products in February this year was estimated at US$2.6 billion, raising the total value in the first two months of 2018 to $6.1 billion, up 30.2 per cent against the same period last year.
Trade promotion programmes helped generate more than US$583 million in contract value and transactions in 2017, according to the Viet Nam Trade Promotion Agency (Vietrade).