Business

HCM City eyes 23 million USD from ornamental fish exports

The Ornamental Fish Festival 2018 kicked off in Ho Chi Minh City on September 20.
HCM City eyes 23 million USD from ornamental fish exports ảnh 1The Ornamental Fish Festival 2018 kicked off in Ho Chi Minh City on September 20 (Photo: VNA)

HCM City (VNA) – The Ornamental Fish Festival 2018 kicked off in Ho ChiMinh City on September 20.

Thefive-day event, held by the municipal Department of Agriculture and RuralDevelopment and the Investment and Trade Promotion Centre of HCM City, aims toseek new markets for the city’s ornamental fish sector.

As manyas 200 fish ponds were set up at the event, introducing various ornamental fishspecies with high economic value, including neon ornamental fish, koi fish and mollusc,among others.

The festival also offered chances for ornamental fish businesses tomeet, update on advanced technologies and seek partners.

Experiences in fish breeding and safe production models in new-stylerural communes were shared at the event, in addition to an area providingcounseling on ornamental fish markets for businesses and visitors.

HCM Cityis striving to produce 180 million ornamental fish and export about 21 millionfish this year, raking in 23 million USD.

The city’s ornamental fish is exported to 43 countries and territoriesaround the world, with the EU market accounting for 54 percent.

According to the fisheries branch of the municipal Department ofAgriculture and Rural Development, in the first nine months of 2018, the cityshipped abroad 137 million ornamental fish, up 19.13 percent year on year.-VNA

VNA
#Ornamental Fish Festival 2018 #HCM City #ornamental fish species #fish breeding #safe production models #vietnamplus #Vietnam News Agency Ho Chi Minh City
Follow VietnamPlus

Related News

HCM City’s farm production shoots up

HCM City’s farm production shoots up

The average production value per hectare of agricultural land in Ho Chi Minh City has increased year after year even as the area shrank, according to the municipal Department of Agriculture and Rural Development.

See more

Prime Minister Pham Minh Chinh addresses the 21st meeting of the State steering committee for national key projects in the transport sector. (Photo: VNA)

Entire Cao Bang - Ca Mau expressway must be inaugurated on December 19: PM

PM Chinh, who is head of the steering committee, asked all parties involved to strive hard to achieve the goal of putting 3,000 kilometres of expressways and approximately 1,700 kilometres of coastal roads into operation in 2025, thus creating momentum to welcome the 14th National Party Congress and meeting the travel needs of the people during New Year 2026 and the Lunar New Year Festival.

Prime Minister Pham Minh Chinh (C) presides over the 21st meeting of the State steering committee for national key projects in the transport sector. (Photo: VNA)

Government leader presides over meeting on national key transport projects

Noting that there are less than two months left until December 19 - the date set for the simultaneous ground-breaking and inauguration ceremonies of major projects, the PM emphasised that this is a crucial period to accelerate progress and make breakthroughs in the implementation of key projects and works.

Harvesting cage-farmed tilapia (Photo: VNA)

Vietnam exports first shipment of tilapia to Brazil

This shipment is one of 32 containers, totalling 700 tonnes of tilapia, ordered and imported by JBS Group from Vietnam. The products will first be distributed through HORECA supermarket and distribution network, and showcased in JBS's product display centre in Brazil.

Road leading to VSIP Can Tho at the intersection with National Highway 80 (Photo: VNA)

Green industry lures more FDI to Mekong Delta

The Mekong Delta region, having earned the monikers of the rice bowl, fruit and seafood basket of the country, and following the restructuring of administrative units, is now standing at the threshold of becoming a modern, sustainable industrial centre.

The codification of Resolution 42 into the law, effective from mid this month, is an important step, marking a key milestone in completing Vietnam’s NPL resolution process. (Photo: thoibaonganhang.vn)

Bad debt settlement fully benefits from new policy from H2 2026

Resolution 42, enacted in 2017 to pilot bad debt settlement for credit institutions, was introduced in response to a sharp rise in non-performing loans (NPLs). It empowered credit institutions to seize and liquidate collateral assets, expediting debt recovery. After more than six years of implementation, the resolution delivered certain results but expired last year.

The total retail sales of goods and consumer service revenue were estimated at 5.7 quadrillion VND for the first 10 months of the year. (Photo: VNA)

Retail sales growth remains stable over 10 months

With the current recovery momentum, the trade and services sector is expected to continue being a bright spot in Q4, driving GDP growth and ensuring a balance between domestic consumption and exports amid ongoing global economic fluctuations.

Delegates at the event (Photo: Ministry of Finance)

ASEAN meeting to drive regional cooperation, growth by removing barriers

Running from November 5–11, CCS 111 focuses on advancing service liberalisation and facilitation in ASEAN by removing barriers, enhancing transparency, reducing policy risks, and simplifying administrative procedures to enable businesses and service providers to operate more efficiently.

Goods at Hai Phong Port in northern port city of Hai Phong. (Photo: VNA)

Vietnam determined to build transparent global trade system

The Government of Vietnam on November 6 updated the World Trade Organisation (WTO)’s Committee on Rules of Origin (CRO) on adjustments to the agencies and organisations authorised to issue certificates of origin (C/O), as well as on the application of QR codes in the C/O issuance process.

SemiExpo Vietnam 2025, themed “Powering Vietnam’s Semiconductor Ambition,” brings together around 5,000 delegates and feature 200 booths from major global technology corporations (Photo: VNA)

Vietnam opens largest int’l semiconductor exhibition

SemiExpo Vietnam 2025, themed “Powering Vietnam’s Semiconductor Ambition,” brings together around 5,000 delegates and feature 200 booths from major global technology corporations such as Lam Research, Coherent, Qorvo, Amkor, GlobalFoundries, Micron, Tokyo Electron, KLA, STMicroelectronics, Soitec, and Siemens.

Consumers learn about Hanoi's OCOP products. (Photo: VNA)

Hanoi launches digital booths to promote e-commerce

Hanoi will open an online store showcasing Hanoi's products on the e-commerce platform Shopee. It will introduce digital tools such as electronic signatures, e-contracts, e-invoices, and product traceability systems for local producers and businesses participating in the booth.