Demand for pangasius has slumped in export markets compared to that of cod or pollock, and the situation is likely to persist, the Vietnam Association of Seafood Exporters and Producers has said.
But positive signals have been seen in the early months of 2024, with a 64 per cent increase in demand compared to the same period in 2023, reaching $750 million.
An important factor underpinning the growth of the textile and garment industry is the growth of the domestic supply of raw materials, which increases year over year.
The export value of Vietnamese tuna exports to the Israeli market by mid-August jumped by 34 per cent to nearly US$25 million compared to the same period last year, or accounted for 5.6 per cent of the total tuna export...
Despite the difficulties caused by the Covid-19 pandemic, shrimp exports by Cuu Long (Mekong) Delta provinces have been strong this year thanks to efforts made by both authorities and businesses.
The Vietnam Association of Seafood Exporters and Producers (VASEP) forecasts seafood export turnover will increase to reach about US$640 million this month with positive signals from importing countries.
Viet Nam’s squid and octopus exports grew 6.5 per cent to bring back over US$48 million in June after a continuous decline in the three previous months.
Viet Nam’s wood exports this year are set to reach up to US$11.5 billion, exceeding the industry’s own target of $10.5 billion, a 20 per cent increase compared to last year.
Exports from the Czech Republic to Viet Nam surged 580.5 per cent to more than US$45.5 million in July from the previous month, much higher than the monthly average of $7-10 million, according to the Czech Statistical Office.
A seminar was held in Ha Noi on May 17 to collect feedback on the draft decree on a national one-stop shop mechanism and specialised inspection of exports-imports.
Total exports of squid and octopus from Viet Nam to the US reached US$ 9.7 million last year, up 94.7 per cent from 2016, reported the Viet Nam Association of Seafood Producers and Exporters (VASEP).
Currently, Algeria is conducting all the necessary procedures to export dates to Viet Nam. In particular, some Algerian enterprises have found Vietnamese partners to negotiate conditions to distribute this fruit to Viet Nam.
Garment and textile exports are expected to rise by 15-16 per cent this
year to between US$24.5 billion and 25 billion, according to the Viet
Nam Textile and Apparel Association.