Vietnam’s seafood shipments to the European Union (EU) may encounter losses of up to 10,000 euros (US$11,125) per container due to the impact of the European Commission’s (EC) yellow card on local seafood products, 

The Ministry of Industry and Trade (MoIT) has said it will talk with the US on the case of local Minh Phu seafood firm, which was accused of tax evasion in the US.

Vietnam has targeted to earn $9 billion from fishery exports in 2020, a year-on-year increase of 7 percent, according to the Directorate of Fisheries.

Vietnam will strengthen controls on Ethoxyquin in feed production for the fishery industry to ensure stability in seafood exports to the EU, according to the Ministry of Agriculture and Rural Development (MARD).

The Russian Federal Service for Veterinary and Phytosanitary Surveillance (FSVPS) has announced that it is allowing a further five Vietnamese enterprises to export their seafood products to Russia starting from December 4, 2019.

Fishermen in Quang Nam Province have seen nearly 1,000 tons of dried squid become unsalable as Chinese traders have moved to importing the product through official channels instead of through border trade.

China has fallen from the No 1 position on the list of Vietnam’s biggest rice export markets into the seventh position. The growth of seafood exports to the market has also slowed down.

Nguyen Xuan Cuong, Minister of Agriculture and Rural Development, speaks to the press about the ongoing APEC agriculture week in Can Tho Mekong Province.

 VietNamNet Bridge – The Vietnam Association of Seafood Exporters and Producers (VASEP) is pinning high hopes that seafood shipments to ASEAN markets will continue increasing this year.

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