Vietnam’s tuna export to China shoots up

Vietnam’s export of tuna to China rocketed by 771 percent in the first two months of this year, making the market the fifth largest importer of Vietnamese tuna after the US, the EU, Israel and the ASEAN, said the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s tuna export to China shoots up ảnh 1Illustrative image (Source: VNA)

Hanoi (VNA) – Vietnam’s export of tuna to Chinarocketed by 771 percent in  the first twomonths of this year, making the market the fifth largest importer of Vietnamesetuna after the US, the EU, Israel and the ASEAN, said the Vietnam Association of Seafood Exporters and Producers(VASEP).

According to theInternational Trade Centre, in 2018, Vietnam was the 11th biggest tunasupplier of China, accounting for a meagre market share with 3 percent.

Particularly, frozentuna fillets from Vietnam and the ASEAN member countries are exempted from tax inthe Chinese market. The advantage allowed Vietnam to become the leadingprovider of frozen tuna fillets to the market with over 65 percentof the market share in 2018.

The VASEP predicted that Vietnam’s export of the product toChina will continue to rise in 2019. In the first two months of this year, Vietnam’sexports to China accounted for 94 percent of the country’s total tuna exportvalue.

The association revealed that this year, Vietnam willprovide new fresh and frozen tuna products to China.

According toNguyen Thi Thu Sac, Vice Chairwoman of VASEP, tuna exports are forecast to top1 billion USD this year, 350 million USD higher than last year.-VNA
VNA

See more

A vessel docks at Hai Phong Port ready to be loaded with containers. (Photo: VNA/VNS)

Vietnam's port firms thrive in 2024

According to the Vietnam Maritime Administration, the total cargo volume through the nation's port system reached approximately 864.4 million tonnes, up 14% year-on-year. Container throughput was estimated at 29.9 million TEUs, reflecting a 21% rise.

THACO Chairman Tran Ba Duong (Photo: VNA)

THACO targets sales of over 100,000 vehicles in 2025

In 2025, THACO will continue to expand the scale of investment in all six key production and business sectors including automotive, agriculture, mechanical engineering and supporting industries, investment - construction, trade – services, and logistics.

Nearly 1 million workers of more than 12,600 businesses with trade trade unions in Ho Chi Minh City have returned to work following the nine-day Lunar New Year (Tet) holiday. (Photo: VNA)

HCM City: Nearly 1 million workers back to work after Tet holiday

Nearly 1 million workers of more than 12,600 businesses with trade trade unions in Ho Chi Minh City have returned to work following the nine-day Lunar New Year (Tet) holiday, reaching 85.33% of their total workforce, according to the municipal Labour Federation.

Prime Minister Pham Minh Chinh (centre, first row), and leaders of Binh Duong province handover investment certificates to enterprises. (Photo: daibieunhandan.vn)

Binh Duong lures additional 1 billion USD of investment

Seven foreign-invested projects, with a total registered capital of 1 billion USD in the southern province of Binh Duong have been granted in-principle approval and investment certificates at a recent meeting held by the provincial People's Committee.