Seafood exports expected to reach US$12 billion by 2025

Seafood exports expected to reach US$12 billion by 2025

The Vietnam Association of Seafood Producers and Exporters forecasts that seafood exports would increase by an average of 7 percent yearly between 2021 and 2025, reaching US$12 billion in 2025.
Mekong Delta posts positive results in shrimp exports

Mekong Delta posts positive results in shrimp exports

Despite being affected by the Covid-19 pandemic, with the initiative from the beginning of the year and the efforts of relevant sectors, associations, and business community, seafood exports have seen a breakthrough, with shrimp products posting impressive growth.
Seafood exports expected to increase 10 percent next year

Seafood exports expected to increase 10 percent next year

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), thanks to free trade agreements, it is forecasted that Vietnam's seafood exports will increase by 10 percent, reaching above US$9.4 billion next year.
Khanh Hoa Province develops marine aquaculture. (Photo: SGGP)

Many efforts made to remove yellow card on IUU fishing

According to the Vietnam Directorate of Fisheries, with 82 percent of fishing vessels equipped with vessel monitoring systems, traceability and the application of culturing area codes have significantly improved. However, if there is still one fishing vessel that has not registered or illegally exploits, the European Commission (EC) will continue to keep a yellow card or even give a red card to Vietnam. 
Workers process pangasius fish for export at a company in the Mekong Delta. (Photo: SGGP)

Provinces in the Mekong Delta speed up export of seafood

Despite the impacts of the Covid-19 pandemic, enterprises in the Mekong Delta recently have promoted the processing of high-value seafood products to increase their exports to many markets around the world. Seafood exports are showing signs of recovery and opportunities for enterprises to accelerate to finish their plans in the last months of the year.

 

Chinese enterprises have demand for Vietnamese coffee, aquatic products

Chinese enterprises have demand for Vietnamese coffee, aquatic products

The Chinese market currently has a high demand for seafood after the Covid-19 pandemic, and it is also forming a coffee culture, with the number of coffee shops is on the increase, so Chinese enterprises are increasing imports. This is a good opportunity for Vietnamese agricultural and aquatic product exporters.
Agricultural, aquatic product exports to China face difficulties again

Agricultural, aquatic product exports to China face difficulties again

Chinese authorities might strengthen food safety inspection, supervision, quarantine testing, and traceability on imported agricultural and aquatic products that will possibly affect the progress of customs clearance of goods at border gates between Vietnam and China.
VASEP proposes support for export of seafood

VASEP proposes support for export of seafood

According to the latest statistics of the Vietnam Association of Seafood Exporters and Producers, seafood exports in March this year were estimated to drop by nearly 20 percent compared to the same period last year, merely reaching US$549 million.