Vietnam’s aquatic product exports to China are expected to rise positively this year, said Nong Duc Lai, Commercial Counsellor at the Vietnamese Embassy in China.
Indonesia and the Republic of Korea (RoK) have pledged to strengthen their cooperation in the marine and fishery sector, particularly for ensuring the quality of products.
The total import and export value of agro-forestry-aquatic products in the first five months of 2022 has been estimated at 41.3 billion USD, up 8.6 percent year-on-year, according to the Ministry of Agriculture and Rural Development.
A virtual conference looking to bolster shipments of Vietnam’s aquatic products to member nations of the Regional Comprehensive Economic Partnership (RCEP) is being held on May 30 and 31.
The total import and export value of agro-forestry-aquatic products in the first five months of 2022 has been estimated at 41.3 billion USD, up 8.6 percent year-on-year, according to the Ministry of Agriculture and Rural Development (MARD).
The exports of aquatic products are expected to fetch 2.8-3 billion USD in the second quarter, a year-on-year increase of 36-38 percent, thanks to the strong growth of key products, according to Le Hang, deputy director of the Vietnam Association of Seafood Exporters and Producers (VASEP)’s Training and Trade Promotion Centre.
Total foreign trade in agricultural, forestry and aquatic products hit some 31.8 billion USD in the first four months of 2022, an increase of 7 percent against the same period last year, according to the Ministry of Agriculture and Rural Development.
Vietnam produced over 2.6 million tonnes of aquatic products in the first four months of this year, a year-on-year rise of 2.2 percent, according to the Ministry of Agriculture and Rural Development (MARD).
The export of aquatic products recorded strong growth last month although the Russia-Ukraine crisis has disrupted shipments to the two European countries since late February and caused spikes in shipping costs and input expenses, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
A consulting session on measures to further promote Vietnam's export to the Republic of Korea (RoK) was held in the northern province of Hung Yen on March 29.
Batches of agro-forestry-aquatic products of Vietnam have been shipped to the US in the first two months, offering chances for the country to accelerate exports to a major but challenging market of the world.
Foreign trade of agricultural, forestry and aquatic products reached 14.2 billion USD in the first two months of 2022, a year-on-year increase of 15.8 percent, according to the Ministry of Agriculture and Rural Development.
The northern province of Bac Giang will continue to restructure its agriculture sector from now to 2025, focusing on supporting and investing in hi-tech agriculture development, according to Vice Chairman of the provincial People’s Committee Le O Pich.
Vietnam’s agro-forestry-aquatic product exports and imports were estimated at nearly 82.67 billion USD in the first 11 months of this year, up 24.7 percent annually, reported the Ministry of Agriculture and Rural Development (MARD).
Delegates at a forum on November 23 suggested Vietnamese firms further study the Russian market to increase the export of agricultural and aquatic products to the country.
A workshop discussing opportunities for Vietnamese businesses to increase export of agricultural and aquatic products to Russia and the Eurasian Economic Union (EAEU) was held by the Vietnam Chamber of Commerce and Industry (VCCI), the Vietnam Trade Office in Russia and the Russian trade representative office in Vietnam, on November 2 in Hanoi.
Vietnam’s seafood exports continued falling 23 percent in September, following a significant decline of 36 percent in August, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Authorities of the central city of Da Nang has spent over 20.7 billion VND (900,000 USD) to support 824 fishing vessels since 2019 in accordance with the Resolution No. 255/2019/NQ-HĐND dated July 11, 2019 by the municipal People’s Council, reported the municipal Fisheries Sub-Department.
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