seafood

Update news seafood

Two seafood “kings” see profits fall as business problems mount

Because of unexpected changes in the market or poor business decisions, Minh Phu and Hung Vuong, the kings in the seafood industry, have been seeing a severe drop in profits. 

406 SOEs approved for divestment in 2017-2020

Deputy Prime Minister Vuong Dinh Hue has approved a list of 406 State-owned enterprises (SOEs) marked for divestment from now until 2020.

Exports to UK see slight rise

Vietnam exports to the UK hit US$2.8 billion in the first seven months of this year, up 1.61% against the same period last year, according to the General Department of Vietnam Customs.

Seafood sector aims high despite barriers in international market

VietNamNet Bridge - Seafood producers and exporters have been warned that many barriers, from protectionism to media campaigns, will affect them in the international market in 2017.

1,500 tonnes of seafood unsold in Quang Tri

VietNamNet Bridge – Around 1,500 tonnes of frozen seafood and 450 litres of fish sauce produced locally remain unsold in the stores of Quang Tri Province because of Formosa toxic spill. 

Vung Ro Bay has more than just stunning landscape

VietNamNet Bridge – Nestled under the foot of Ca Pass in Dong Hoa District in Phu Yen Province, Vung Ro Bay has earned reputation for not only its gorgeous landscape but also seafood specialties for visitors. 

Signing huge contracts, exporters feel both joy and worry

VietNamNet Bridge - Though having received orders big enough to ensure jobs until mid-2016, Vietnamese export companies still are not satisfied.

Ministries get 2016 assignments

 VietNamNet Bridge – The Prime Minister has signed a decision giving assignments to eight ministries to help realize this year’s socio-economic targets.

'Fake fish' fracas hits Belgium

 Diners in restaurants in the Belgian capital may be in for a surprise after a report found 30% of fish is being substituted with cheaper alternatives.

CBRE: VN to benefit from TPP

 VietNamNet Bridge – As the least developed of the Trans-Pacific Partnership member nations, Viet Nam is most likely to become the biggest beneficiary of the agreement with an increase in GDP, FDI and exports of manufactured goods,

Diversity of Vietnamese cuisine can yield some unfamiliar flavors

 VietNamNet Bridge – “I know I’m an acquired taste – I’m anchovies. And not everybody wants those hairy little things.” – Tori Amos

U.S. emerges as VN’s biggest importer in Jan-Aug

 VietNamNet Bridge – The United States became Vietnam’s largest market in the first eight months of this year, according to the General Statistics Office (GSO).

Vietnamese shrimp and fish exports found to have antibiotic residue

VietNamNet Bridge - Vietnamese seafood exporters have spent a lot of money on programs to control antibiotic residue in exports, but they still face problems in the world market.

Top 5 attractive floating markets in Vietnam

VietNamNet Bridge – The Vietnam Record Centre (Vietking) has announced top 5 floating markets in the western region of the country that attract a huge number of domestic and foreign visitors.

Bustling Con Dao Market

VietNamNet Bridge – Located on Con Dao Island off mainland Ba Ria-Vung Tau Province, Con Dao Market is crowded with locals and visitors.

Vietnam warned about tough Russian export market

The sharp ruble depreciation, plus the trade embargo imposed by the US and Europe, is expected to help Vietnam boost exports to Russia. However, there are still many barriers to enter the market.

Seafood exports reach $7.9b in 2014

 VietNamNet Bridge – Viet Nam will reach US$7.9 billion in the value of seafood exports for 2014 due to high growth in key products.

VN trade surplus for 2014 hits $2b

 VietNamNet Bridge – Viet Nam's trade surplus in the first 11 months of 2014 has reached US$2 billion, a $100-million increase over the surplus recorded in the first ten months of the year.

An ideal tropical escape in Bai Dai

 VietNamNet Bridge – The pristine Bai Dai Beach on Phu Quoc Island is worth an idyllic place of interest for many people wanting to take retreat from the noisy urban life.

BUSINESS IN BRIEF 27/10

Construction begins on second made-in-Vietnam offshore oil rig; Exporters make inroads into Australia; Rosatom nuclear company chairman visits Viet Nam