Vietnam’s seafood exports in November increased 13% against the same period in 2019, according to the Vietnam Association of Seafood Exporters and Producers.
Government Decree No.67, dated July 7, 2014, has not only met the aspirations of fishermen but has also provided a sound guideline to developing the country’s marine economy and modernising its fisheries sector.
Removing the European Commission’s illegal, unreported and unregulated (IUU) fishing “yellow card” is no easy task and cannot be done overnight, but the Vietnamese business community and associations are still determined to succeed, not only to meet the commission’s requirements but also for the sake of sustainable fisheries development.
Enhancing fishery cooperation between Vietnam and India was the theme of the opening session of the online fisheries expo and conference which is taking place with the theme of 'FISH MART' from November 24 to 30.
Vietnam is attracting a record number of Singaporean businesses which continue to look for opportunities to expand their operations abroad despite the ongoing COVID-19 pandemic, according to The Business Times.
Vietnam may earn 8.6 billion USD from exporting aquatic products this year, the same as the figure in 2019, the Vietnam Association of Seafood Exporters and Producers (VASEP) has forecast, adding that it would be a result beyond the expectations of most given the COVID-19 pandemic.
Vietnam posted a record trade surplus of 20.1 billion USD in the first 11 months of this year despite the adverse impacts of the COVID-19 pandemic on the global economy, according to the General Statistics Office (GSO).
Vietnam sustained an export growth rate of over 5 percent during the last 11 months, helping the trade surplus hit a record that almost doubled the figure in the same period of 2019.