Iceland shares seafood processing experience with Vietnam

Icelandic President Olafur Ragnar Grimsson shared his country’s experience in fishing and seafood processing at a workshop held in Ho Chi Minh City on November 6.
Iceland shares seafood processing experience with Vietnam ảnh 1The event was held in Ho Chi Minh City on November 6 (Photo:VNA)

HCM City (VNA) - Icelandic President Olafur Ragnar Grimsson shared his country’s experience in fishing and seafood processing at a workshop held in Ho Chi Minh City on November 6.

According to the President, fishing and aquatic processing are the strengths of Iceland as it brings great profits to the country.

At present, many seafood businesses in Iceland are applying high technologies and modern methods to turn the sector into a hi-tech industry with substantial contributions to the local economy, he said.

President Olafur Ragnar Grimsson also emphasised the importance of increasing quality and trade value of fish products.
It’s good time for Vietnam and Iceland to cooperate in the field, he stressed, adding that such cooperation will help Vietnam fully tap its potential and gross high profits.

Vietnam ’s fishing and aquatic processing sector has posted an annual average growth of about 15 percent in recent years, significantly contributing to the national gross domestic product (GDP) and export, said Vice Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vo Tan Thanh.

However, the sector’s development failed to match its potential due to low-capacity vessels and out-of-date equipment, he said, stressing that the cooperation between Vietnam and Iceland in the field is expected to benefit both sides.

Deputy Minister of Agriculture and Rural Development Vu Van Tam said Iceland ’s experience is useful for local managers, researchers and businesses to study fishing grounds and preserve aquatic products.

Co-organised by the VCCI and Iceland’s investment and trade promotion agency, the workshop enables Vietnamese firms to get update on cutting-edge technologies and seek partners from the European country, he added.-VNA

VNA

See more

Illustrative image (Photo: VNA)

Over 56% of Japanese firms looking to expand investment in Vietnam: Survey

According to a recent survey by JETRO on business conditions for Japanese-affiliated companies overseas, the expanding domestic market demand and the increasing profitability rate are major driving forces for Japanese businesses to continue expanding their operations in Vietnam in the coming years.

Vietnam’s rice exports to Singapore surge (Photo: VNA)

Vietnam’s rice exports to Singapore surge

Vietnam’s rice exports to Singapore recorded significant growth in 2024, cementing Vietnam’s position as the third-largest rice supplier of the city state, according to the Vietnam Trade Office in Singapore.

The 21st conference of the 17th Hanoi Party Committee on January 21 (Photo: VNA)

Hanoi sets ambitious growth targets for 2025-2030

Hanoi has set a goal of achieving an annual growth rate of 10.5-11% during the 2025-2030 period, focusing on bolstering traditional economic drivers while implementing innovative solutions to promote new ones.

Minister of Industry and Trade Nguyen Hong Dien (Photo: VNA)

Vietnam commits to supporting Czech investors: Minister

Minister of Industry and Trade Nguyen Hong Dien pledged Vietnam’s support to Czech businesses and investors while addressing the bilateral business forum held in Prague on January 20 as part of Prime Minister Pham Minh Chinh’s official visit to the European country.

Processing mango products for export at the factory of An Giang Fruit and Vegetables JSC. in Lam Dong province (Photo: VNA)

UNCTAD leader highlights Vietnam’s role in global trade

Vietnam has emerged as a remarkable example of how trade and investment can fuel inclusive growth and development, according to Rebeca Grynspan, Secretary-General of the United Nations Conference on Trade and Development (UNCTAD).

Le Anh Quan, Standing Vice Chairman of the municipal People's Committee and Chairman of the Vietnam-Korea Friendship Association delivers speech at the event. (Photo: VNA)

Vietnam, RoK strengthen friendship, cooperation

The Vietnam-Korea Friendship Association (VKFA) and the Korean Association in the northern city of Hai Phong hosted a friendship exchange on January 20 during which the Vietnam-Korea Business Club in Hai Phong was launched.

2025 - Year of acceleration, breakthroughs

2025 - Year of acceleration, breakthroughs

Prime Minister Pham Minh Chinh has instructed ministries, agencies, and local authorities to drastically and effectively implement three strategic breakthroughs, six key tasks, and 12 primary solutions, striving for double-digit growth in 2025, set to be the year of acceleration and breakthroughs, and laying the foundation for the 2026-2030 socio-economic development plan.

Furusawa Yasuyuki, General Director of AEON Vietnam Company Limited, speaks at a meeting with Can Tho city's leaders. (Photo: VNA)

Can Tho creates enabling environment to attract Japanese investors

The Mekong Delta city of Can Tho is committed to creating the best possible conditions for Japanese companies to study, invest and develop projects, Standing Vice Chairman of the municipal People’s Commitee Duong Tan Hien said at a January 20 meeting with representatives from the Japanese Embassy and businesses in Vietnam.

Representatives of the Vietnamese Ministry of Industry and Trade and the Office of the US Trade Representative sign an agreement regarding anti-dumping on Vietnamese fish fillets on January 20 (Photo: moit.gov.vn)

US anti-dumping duty removed from Vietnamese fish fillets

A bilateral agreement between the Vietnamese and US Governments regarding anti-dumping duties on Vietnamese fish fillets was signed on January 20, marking the end of relevant disputes in Case DS536 at the World Trade Organisation (WTO).