Vietnam’s aquatic products have gained the favour of Australian consumers, Secretary of the Australian Department of Agriculture, Water and the Environment Andrew Metcalfe told a workshop on October 1.
A number of Russia businesses displayed Vietnamese foods and agricultural products at the 30th International Food Exhibition (WorldFood 2021) in Moscow from September 21 - 24, which attracted over 600 businesses from 30 other countries worldwide.
Production and exports of aquatic products have been hard hit by social distancing measures in place for the past two months in 19 southern localities.
Amidst difficulties caused by the COVID-19 pandemic, the export of agricultural and aquatic products to the EU still sees many bright signs as Vietnamese enterprises have directly exported fresh fruits to foreign partners.
Many businesses from Guangzhou city of China have shown their interest in importing Vietnamese aquatic products, according to Le Hoang Tai, Vice Director of the Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade.
The Vietnam Trade Promotion Agency (Vietrade) and the Vietnamese Trade Office in the Netherlands on August 9 organised a virtual consultation serving the export of agro-aquatic products to the European market.
Total export-import value of agro-forestry-aquatic products in the January-July period was over 53.2 billion USD, of which some 28.6 billion USD came from exports, up 26.7 percent year-on-year.
Russia is a potential market for Vietnamese exporters of farm produce to tap, experts said, saying enterprises should fully take advantage of the Vietnam- Euroasian Economic Union Free Trade Agreement (VN-EAEU FTA).
Vietnam raked in 22.83 billion USD from exporting agro-forestry-aquatic products in the first five months of 2021, representing a year-on-year increase of 30.3 percent, reported the Ministry of Agriculture and Rural Development.
Export turnover posted by the Mekong Delta province of Kien Giang for the first five months of this year hit 317 million USD, equal to 42 percent of the annual target and up nearly 16 percent year-on-year.
Despite a rise in export revenue in the first four months of this year, experts suggested that businesses should not be too optimistic as the COVID-19 pandemic has seen complicated developments both in and outside the country.
The US was the largest importer of Vietnamese goods in the first quarter of 2021, with total export turnover hitting 21.2 billion USD, an increase of 32.8 percent year-on-year, according to the Ministry of Agriculture and Rural Development (MARD)’s Agro Produce Processing and Market Development Authority.
The export of key aquatic products posted strong rises in many markets in the first quarter of 2021, increasing Vietnam’s aquatic export turnover by 3 percent to 1.64 billion USD.
Vietnam’s export turnover of aquatic products in March has been estimated at around 640 million USD, bringing the total for the first quarter of the year to 1.64 billion USD, up 3 percent year-on-year.
The Regional Comprehensive Economic Partnership (RCEP) could bring substantial benefits to Vietnam’s exports thanks to easier rules of origin compared to other free trade agreements, mostly apparel, farm produce, and aquatic products, experts have said.
Export value of aquatic products reached 405 million USD in February, pushing the figure in the first two months of 2021 to over 1 billion USD, up 2.2 percent over the same period last year, reported the Vietnam Association of Seafood Exporters and Producers (VASEP).
The Mekong Delta province of Ben Tre is stepping up measures to address bottlenecks in fighting irregular, unreported and unregulated (IUU) fishing, in keeping with recommendations from the Ministry of Agriculture and Rural Development.
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