Việt Nam remained Singapore''s 5th largest exporter of aquatic products for three straight quarters, the Việt Nam Trade Office in the city-state has said.
The decrease in agro-forestry-aquatic product export revenue was attributable to impacts of the global economy which is forecast to slow down this year, the Russia-Ukraine conflict, and inflation surges in some countries, MARD said.
The association reported that in January, the total export value of aquatic products ped 31 per cent to about US$600 million, with revenue generated from major markets also falling by 56 per cent in the US market, 55 per cent in...
The total import and export value of agro-forestry-aquatic products in the first five months of 2022 has been estimated at US$41.3 billion, up 8.6 per cent year-on-year, according to the Ministry of Agriculture and Rural Development (MARD).
The Viet Nam Association of Seafood Exporters and Producers (VASEP) has sent a petition to the Prime Minister proposing the amendment of regulations on quarantine for aquatic products used for food.
Viet Nam and Russia have vowed to boost agricultural and aquatic trade ties during a webinar to study the Russian market and increase the export of agricultural and aquatic products to the country.
Viet Nam''s tra fish (pangasius) exports have done well this year, but the outlook is less bright for the rest of the year since the Covid-19 pandemic has not been controlled yet.
Despite a rise in export revenue in the first four months of this year, experts suggested that businesses should not be too optimistic as the COVID-19 pandemic has undergone complicated developments both in and outside the country.
The agriculture sector needs to address challenges related to branding, geographical indications, traceability, and intellectual property to take full advantage of the free trade agreement Viet Nam has signed with the EU, speakers said on July 24 at a meeting.
Vietnamese enterprises need to improve product quality, build their brands, and ensure traceability of goods'' origin to increase the volume of agricultural and aquatic exports, experts said at a seminar on June 26 in HCM City.
Viet Nam’s agriculture sector gained a trade surplus of US$8.8 billion in the first 11 months of this year, $1.5 billion higher than the same period last year, according to the Ministry of Agriculture and Rural Development (MARD).
China’s General Administration of Customs has allowed to import additional three species of Vietnamese aquatic products, according to the Vietnamese Ministry of Industry and Trade’s Asia – Africa Market Department.
The EU-Viet Nam Free Trade Agreement (EVFTA) is expected to boost Viet Nam''s exports, especially agricultural and aquatic products that already have competitive advantages in the European market.