HCM City’s ornamental fish export revenue up

HCM City earned more than 11.5 million USD from exporting 9.3 million ornamental fish in the first half of the year, a rise of 25 percent in volume and 52 percent in value on a yearly basis.
HCM City’s ornamental fish export revenue up ảnh 1Ornamental fish in tanks (Source: VNA)
HCM City (VNA) - HCMCity earned more than 11.5 million USD from exporting 9.3 million ornamentalfish in the first half of the year, a rise of 25 percent in volume and a surgeof 52 percent in value over the same period, according to the municipalDepartment of Agriculture and Rural Development.

The key markets include Europe (55 percent of the exports) and Asia (31 percent),followed by the US, Africa and the Middle East.

The surge in revenue was largely due to higher prices for pet fish exported toEurope and Asia, according to the department.

Dia fish (red discus fish) had one of the highest export values (4.7million USD, with more than 135,000 fish). Other popular exported ornamentalfish include neon fish, molly fish, sailfin molly, and seven-coloured fish,Siamese fighting fish.

In 2015, the city exported 13 million ornamental fish and gained revenue of 12million USD, doubling the 2010 figures, according to the department.

Under a programme to boost ornamental fish breeding development by 2020, thecity will focus on increasing quantity and product value, upgrading thebreeding infrastructure to prevent disease and protect the environment.

The city has set a target by 2020 to produce 150-180 million ornamental fishand export 40-50 million ornamental fish with export value of 40 million USD to50 million USD.

To reach the target, the department needs to expand pet fish production area indistricts 8, 9, 12, Go Vap, Thu Duc, Cu Chi, Binh Chanh and Hoc Mon.

The city has also mapped out breeding and technical programmes and outlined aroadmap to enhance ornamental fish development.

Along with setting up linkages between production and consumption, the citywill also build a website that will introduce ornamental fish breeding farmsand enterprises to customers.

The industry will also create efficient production models that providedisease-free fish for export and offer consultations about pet fish.

Vietnamese pet fish are shipped to 47 countries, with Europe accounting for 60-70percent of the market share. The major buyers are Germany, the UK, Sweden,Denmark, France, Italy, Switzerland and the Czech Republic.-VNA
VNA

See more

An overview of the meeting (Photo: VNA)

Binh Duong works to remove obstacles facing major FDI firms

Authorities of the southern industrial hub of Binh Duong held a meeting with two major foreign direct investment (FDI) enterprises operating in the province to address challenges facing the firms in production and business operations while encouraging their further expansion.

Real estate investors eye industrial zones with strong transport infrastructure. Illustrative image (Photo:VNA)

Real estate rises with infrastructure boom

According to Savills Vietnam, a more favourable real estate investment environment is expected in 2025 as cyclical challenges subside and the market continues its recovery.

At the February 14 meeting between Lao Prime Minister Sonexay Siphandone and a delegation of Vietnamese businesses and international enterprises from various countries. (Photo: VNA)

Vietnam strengthens business and investment ties in Laos

Highlighting Laos's vast potential for trade and investment cooperation, Lao Prime Minister Sonexay Siphandone said that Laos is an attractive investment destination, particularly in agriculture, tourism, logistics, and infrastructure development.

Lao government officials and representatives of Vietnamese businesses at the seminar (Photo: VNA)

Vietnamese firms eye investment in Laos

He reaffirmed Laos as a key investment destination for Vietnamese and global firms, highlighting opportunities in agriculture, tourism, logistics, and infrastructure.

Vice Chairman of the Bac Giang People's Committee Mai Son (Photo: bacgiang.gov.vn)

Bac Giang speeds up non-state budget investment projects

In the coming period, the northern province of Bac Giang will focus on addressing challenges to non-state budget investment projects and expediting their progress, affirmed Vice Chairman of the provincial People's Committee Mai Son.

Representatives from industry associations share insights on Vietnam’s market trends. (Photo: VNA)

Vietnam, Thailand boost industrial trade exchange

Trade between Vietnam and Thailand reached 20.18 billion USD in 2024, up 6.4% year-on-year. Thailand remained Vietnam’s top ASEAN trade partner, accounting for 24% of its total trade with the bloc.