Viet Nam’s seafood exports will continue to see reductions in next few months due to the pandemic, according to the Viet Nam Association Seafood Exporters and Producers (VASEP).
The agricultural sector in the second half of this year will focus on the development of commodities that have potential in production and export growth such as seafood and forestry products.
Viet Nam’s seafood exports to the other 10 members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) have increased sharply since the agreement took effect earlier this year.
The Ministry of Agriculture and Rural Development released yesterday a record high at about US$18 billion in total export value of forestry and seafood products this year.
Viet Nam’s seafood export turnover in November reached US$852 million, raising the total value in 11 months to $8.1 billion, a year-on-year increase of 6.8 per cent.
Viet Nam expects to earn a total of U$9 billion from seafood exports this year, a year-on-year increase of 7 per cent, after achieving good results in the first nine months, according to the Viet Nam Association of Seafood Exporters...
The People’s Committee in the south-central coastal province of Binh Thuan targets increasing by 1.3 times the coastal economic growth rate by 2020 against the current total provincial rate.
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.
Catfish is one of Viet Nam’s major seafood exports with a turnover of US$1.8 billion, and its skin, a waste product, is also being exported starting recently.
Total exports of squid and octopus from Viet Nam to the US reached US$ 9.7 million last year, up 94.7 per cent from 2016, reported the Viet Nam Association of Seafood Producers and Exporters (VASEP).
Seafood exports are expected to increase by 5 per cent this year to around US7.5 billion despite many possible hurdles, according to the Viet Nam Association of Seafood Producers and Exporters (Vasep).