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Seafood industry

Eleven-month seafood export almost reaches 9.2 billion

Eleven-month seafood export almost reaches $9.2 billion

Việt Nam''s seafood industry is riding a wave of success, with November exports reeling in an impressive US$924 million, a 17 per cent annual increase.
HSBCs first green trade facility in seafood industry

HSBC’s first green trade facility in seafood industry

HSBC Bank (Vietnam) Ltd. (HSBC Vietnam) and Vinh Hoan Corporation (Vinh Hoan) have entered into an agreement whereby HSBC Vietnam will provide green trade financing to Vĩnh Hoàn.
Seafood stocks vary in performance

Seafood stocks vary in performance

The domestic seafood industry is witnessing a recovery in investment yields, though growth remains moderate compared to the broader market.
Seafood firms struggle despite market improvement

Seafood firms struggle despite market improvement

Amid escalating raw material costs, depressed selling prices and numerous additional expenses, profit margins for these companies have shrunk.
Seafood industry demonstrates recovery with noteworthy dividend payments from major enterprises

Seafood industry demonstrates recovery with noteworthy dividend payments from major enterprises

According to the Việt Nam Association of Seafood Exporters and Producers (VASEP), exports in November 2023 increased by 6 per cent compared to November 2022, reaching nearly US$840 million.
VASEP asks for more loans for seafood enterprises

VASEP asks for more loans for seafood enterprises

It is expected to reach $10 billion by the end of November, a record milestone for Viet Nam''s seafood industry after more than 20 years of participating in the world market. By the year''s end, it is forecast to reach...
Viet Nams seafood industry needs to adapt to market trends

Viet Nam's seafood industry needs to adapt to market trends

After being affected by the COVID-19 epidemic and fluctuations in inflation, the demand and trends of seafood consumption in many markets have changed, necessitating that Vietnamese seafood enterprises must adapt to these market trends.
Seafood companies face a difficult third quarter

Seafood companies face a difficult third quarter

The growth momentum of the seafood industry is likely to slow down in this third quarter due to the rising pressure of production and transportation costs, while purchasing power in major markets is expected to decrease.
Seafood stocks expected to grow in 2022 on bullish outlook

Seafood stocks expected to grow in 2022 on bullish outlook

With a relatively attractive valuation and a bullish industry outlook, seafood stocks are expected to grow positively in 2022.
Seafood industry expects strong recovery in operations in coming months

Seafood industry expects strong recovery in operations in coming months

The seafood industry expects that the Government''s support policies will go a long way towards helping businesses restore production and export activities as the end of the year approaches, after the latest outbreak of COVID-19 stemmed business activities.
Viet Nam determined to remove ECs yellow card fishing warning by 2022

Viet Nam determined to remove EC’s yellow card fishing warning by 2022

The EC''s "yellow card" warning has seriously affected the Vietnamese seafood industry and the livelihoods of fishermen around the country. 
Seafood industry expects to remain on growth path in 2021

Seafood industry expects to remain on growth path in 2021

Despite facing difficulties due to the COVID-19 pandemic, seafood exports last year were estimated at US$8.58 billion, the same as in 2019.
Seafood industry needs new strategy to benefit from trade pacts

Seafood industry needs new strategy to benefit from trade pacts

The seafood industry must envision a long-term strategy to make full use of new trade pacts and prepare for problems that might arise.
EC scraps warning against VN seafood

EC scraps warning against VN seafood

Viet Nam’s seafood industry will get a “green card” from the European Commission this year after succeeding in its efforts to fight illegal, unreported and unregulated fishing, but fishermen’s attitudes need to be addressed.
VN seafood mulls action on EU warning

VN seafood mulls action on EU warning

The European Union is ready to support Viet Nam’s seafood industry, but it has to review its fisheries management and address its shortcomings, the First Counselor of the EU Delegation to Viet Nam, Miriam Garcia Ferrer, told a meeting in...