seafood export

Update news seafood export

The Ministry of Agriculture and Rural Development (MARD) has reported that Vietnam’s seafood export revenue in 2022 may reach US$11 billion, up 25 percent over 2021, the highest ever in 20 years.

Vietnam becomes world’s third largest seafood exporter

Vietnam has become the world’s third largest seafood exporter, accounting for 7 percent of the world market share.

US maintains anti-dumping duties on Vietnam’s pangasius

The Vietnamese Ministry of Industry and Trade said the DOC is receiving applications for the POR19 on Vietnamese pangasius for the period from August 1, 2021 to July 31, 2022.

Lift to credit ceiling urged to aid business

The business community is expecting the government to soon ease the existing credit ceiling for production enterprises so that they can escape from their cash-strapped plight and fuel economic growth.

Vietnam’s seafood exporters suffering with euro fluctuation

Following exchange fluctuations, Vietnamese seafood exporters are now faced with catastrophic changes in their orders, forcing them to lower export prices or find other solutions to stay competitive in the long run.

US, China become largest consumers of Vietnamese pangasius

Vietnamese pangasius exports to the United States and China witnessed robust growth during the opening seven months of the year, according to details given by the Vietnam Association of Seafood Exporters and Producers.

Vietnam aims for annual US$12 billion in seafood exports

The Government has launched the national program for aquaculture development from 2021 to 2030, setting a target of US$12 billion in yearly seafood exports.

Mexico is largest consumer of Vietnamese pangasius

Vietnam exported pangasius products worth US$73.5 million to Mexico during the seven-month period, up 73% over the same period last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Vietnam's fisheries businesses face export growth slowdown

Enterprises in the fisheries sector are facing an export slowdown after strong shipments in the first months of 2022, which may subsequently affect their growth in the time ahead.

Huge haul in new markets for Vietnam’s tra fish exports

Demand for Vietnam’s tra fish (pangasius) is up in major markets, driving the export of the catfish overseas, reports the Vietnam Association of Seafood Exporters and Producers (VASEP).

Seafood stocks expected to grow in 2022 on bullish outlook

With a relatively attractive valuation and a bullish industry outlook, seafood stocks are expected to grow positively in 2022.

Vietnamese seafood sector to enjoy strong growth in 2021-2030: Report

Vietnam’s seafood industry is projected to enjoy strong growth in the 2021-2030 period thanks to the increasing per capita seafood consumption in the world.

Multi-million-dollar tuna auctions to debut in Vietnam

Phu Yen will host several multi-million-dollar tuna auctions in the future following a memorandum of understanding it signed with Japan’s Kiyomura Corporation, said Phu Yen's Vice Chair Ho Thi Nguyen Thao.

VASEP claims imported seafood regulations inadequate

The Vietnam 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.

 

Seafood exports plummet under social distancing regulations

The lack of input materials and workers, the increase in production costs, and failure to fulfill orders of partners all have pushed seafood companies into a deadlock. Seafood exports have plummeted.

Vietnam could lose US$480 million per year due to illegal fishing

As the third largest seafood exporter in the world, Viet Nam's could lose about US$480 million per year if it fails in its fight against illegal, unreported and unregulated (IUU) fishing.

 

Fishery exports expected to hit US$8.5 billion this year

Vietnam’s fishery exports are on the way to fulfil the target of US$8.5 billion in value in 2021, after hitting more than $4 billion in the first half of this year, 

Seafood companies expect higher revenue on brighter prospects

Large seafood enterprises have set higher revenue and profit targets this year thanks to positive growth prospects of the seafood export market, especially the US and EU.

As rivals face 'bad luck', VN seafood exports could rise to Russia, the US

While India and Thailand are facing difficulties, Vietnamese seafood has an opportunity to occupy major markets such as Russia and the US.

 

Vietnam earns $17.1 billion from agricultural, forestry and aquatic products

As the US and China markets recently promoted the purchase of agricultural, forestry and aquatic products, Vietnam earned $17.15 billion of export revenue from these products in January-April 2021, a rise of 24.2% year on year.