Vietnam is eying great opportunities in exporting aquatic products to the Japanese market thanks to the high level of openness of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), according to insiders.

Vietnam’s shrimp exports to Australia surged 81% year-on-year to US$88.7 million in the first half of 2021, becoming the Oceania country’s biggest shrimp supplier.

Realizing that they will have to ‘live with the pandemic’ for a long time, seafood companies have reorganized their production to adapt to the new circumstances.

Despite facing difficulties due to the COVID-19 pandemic, seafood exports last year were estimated at US$8.58 billion, the same as in 2019.

The Directorate of Fisheries is implementing software and piloting the electronic traceability for seafood products to meet state management and market requirements.

Vietnamese seafood producers are developing their material in a sustainable way to make use of incentives for rising exports to the EU market.

A Ly Son Island resident in the central province of Quang Ngai has ignored cynicism and negative comments to continue on his mission to preserve his homeland’s maritime resource.

Analysts believe that Vietnam’s seafood industry will face difficulties until the end of June.

Vietnam’s seafood industry has received bad news: it can no longer enjoy the preferences offered by the US to developing countries.

The suspension of trade in seafood and agriculture products at some northern border gates with China as a measure against the novel coronavirus (Covid-19) has caused a demand-supply imbalance in the market.

Nine industries could be negatively affected in the short term by the fallout of the coronavirus epidemic, according to SSI Securities Corp.

The first Vietnam Market in Malaysia with 200 pavilions is scheduled to open in March 2020.

Emily Chi and her employees are on the road to make ECJ a Vietnam’s leading importing and exporting company.

China is the largest export market of Vietnam, accounting for 27 per cent of the country’s total export turnover.

The country’s seafood industry would have $4-5 billion more each year if byproducts were used, say experts.

American and Canadian lobsters and king crabs have become the choice of many Vietnamese people, who want to enjoy high-end products but cannot afford local prices.

Many seafood companies’ products, which can satisfy high standards to enter the US, EU and Japan, cannot be sold in the domestic market because of technical barriers.

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