With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
Vietnam's seafood industry is on a roll, with export momentum propelling it toward the 10 billion USD target for 2024, laying robust groundwork for 2025.
Mekong Delta provinces have intensified their efforts to prevent illegal, unreported and unregulated (IUU) fishing in a bid to have the European Commission (EC)’s “yellow card” warning against Vietnamese seafood lifted.
Coastal localities in the Mekong Delta continue making efforts to better prevent and control illegal, unreported and unregulated (IUU) fishing ahead of the fourth fact-finding trip by a European Commission (EC) delegation this October.
Authorities, localities, fishermen, and businesses have kept taking measures to fight illegal, unreported, and unregulated (IUU) fishing, striving to get the European Commission (EC)'s “yellow card” warning to be removed soon.
The seafood industry grew rapidly in the third quarter of last year, but there are signs of a slowdown in the fourth quarter and it is expected to continue this year, particularly in large markets.
Authorities of the Mekong Delta province of Tien Giang have taken a wide range of measures to fight illegal, unreported and unregulated (IUU) fishing as a part of the national efforts to remove the European Commission (EC)’s ‘yellow card’ warning against Vietnam’s seafood exports.
Shipments of seafood products are expected to bring home more than 8.7 billion USD in 2021, according to the General Statistics Office and the Ministry of Industry and Trade
Vietnam has targeted to earn 9 billion USD from fishery exports in 2020, a year-on-year increase of 7 percent, according to the Directorate of Fisheries.
Vietnam’s seafood export value reached 3.2 billion USD last year, a 8-percent increase from a year earlier, the highest rate ever, according to the Vietnam Association of Seafood Exporters and Producers.
Businesses in the central province of Thua Thien-Hue are expected to earn over 1.05 trillion USD in 2019, up about 15 percent against the previous year.
Vietnam’s seafood export value in the first seven months of 2018 was estimated at 4.63 billion USD, up 6.3 percent over the same period last year, according to the Ministry of Agriculture and Rural Development (MARD).
A B2B meeting was organised by the VCCI and K-Fish Trade Support Centre in HCM City, providing opportunities for 12 firms from the RoK and 50 local seafood companies to seek and foster partnerships.
The Vietnam Association of Seafood Exporters and Producers (VASEP) has urged domestic enterprises to maintain strict quality control of aquatic products exported to China amidst the fast growth of tra fish export to this market recently.
Representatives from 28 coastal localities nationwide gathered at a conference in the south central coastal province of Khanh Hoa on April 5 to seek measures for sustainable exploitation, preservation, processing and consumption of aquatic products.
An exhibition on technologies of the shrimp sector in Vietnam is scheduled for the Mekong Delta province of Bac Lieu with a view of turning the locality into a national shrimp industry centre.
Vietnam’s total export value was estimated at 33.62 billion USD by the end of February, a year-on-year increase of 22.9 percent, revealed the General Department of Customs.
The Directorate of Fisheries has set a seafood export value of 9 billion USD for 2018, as heard at a conference held on January 16 by the sector to set out its 2018 tasks.
Vietnam gained its highest ever seafood export value of 8.32 billion USD in 2017, a year-on-year increase of 18 percent, according to the Ministry of Agriculture and Rural Development.