Fisheries seek to penetrate European market
Nearly 40 Vietnamese businesses will take part in the annual European
Seafood Exposition to be held in Brussels , Belgium on April 24-26.
Nearly 40 Vietnamese businesses will take part in the annual European
Seafood Exposition to be held in Brussels , Belgium on April 24-26.
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), the move aims to promote Vietnamese aquatic products to the European market.
The fair, the largest of its kind in Europe , brings together about 1,600 seafood producers, processors and consumers from 70 countries worldwide.
Products and services serving the seafood processing industry will also be introduced at the exposition.
Europe is seen as a key market for Vietnamese aquatic products as it consumes nearly 20 percent of the country’s fisheries exports.
However, the General Department of Vietnam Customs said fisheries export turnover to Europe in the first quarter of this year was just over 200 million USD, reflecting a year-on-year decrease of 8 percent.
The contraction is mainly attributed to reduced exports of shrimp and tra fish. Meanwhile, other export items such as tuna and molluscs are still favoured in the EU.-VNA
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), the move aims to promote Vietnamese aquatic products to the European market.
The fair, the largest of its kind in Europe , brings together about 1,600 seafood producers, processors and consumers from 70 countries worldwide.
Products and services serving the seafood processing industry will also be introduced at the exposition.
Europe is seen as a key market for Vietnamese aquatic products as it consumes nearly 20 percent of the country’s fisheries exports.
However, the General Department of Vietnam Customs said fisheries export turnover to Europe in the first quarter of this year was just over 200 million USD, reflecting a year-on-year decrease of 8 percent.
The contraction is mainly attributed to reduced exports of shrimp and tra fish. Meanwhile, other export items such as tuna and molluscs are still favoured in the EU.-VNA
You should also see
HCM City moves towards Net Zero
Ho Chi Minh City is building a project to restructure its industry towards sustainable development in the 2025-2030 period, with a vision to 2050, prioritising the use of high technology and reducing emissions towards net zero emissions by 2050.
See more
Business
Japan's Takashimaya plans to expand investment in Vietnam
Takashimaya, a Japanese operator of upscale department stores, plans to open a shopping centre in Hanoi in 2026 that will be the company's first new location abroad in eight years, Japanese newspaper Nikkei reported.
Business
Noi Bai, Da Nang named in world’s top 100 airports
Hanoi capital’s Noi Bai International Airport and the Da Nang International Airport in the central city of the same name have been listed among the world’s top 100 airports in 2024 by the UK–based aviation consultancy Skytrax.
Business
Vietnam earns 1.43 billion USD from rice exports in Q1
ietnam in the first quarter of 2024 exported 2.18 million tonnes of rice, earning 1.43 billion USD, an increase of 17.6% in volume and 45.5% in value year on year. Meanwhile, the average export rice price also increased by 23.6% to $653.9 per tonne.
Business
Old loans must endure higher interest rates temporarily: central bank
The average lending interest rate for new loans by commercial banks is reported at around 6.4% per year, a decrease of 0.7 percentage point per year compared to the end of last year. However, borrowers with loans issued before the latest rate adjustment still must pay higher rates, according to the State Bank of Vietnam (SBV).
Business
Vietnam among top domestic infrastructure investors: Ambassador
Vietnam is one of the leading countries in Asia in terms of investment for infrastructure development, allocating 5.7% of its Gross Domestic Product (GDP) to projects in this field, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the United Nations (UN).
