The COVID-19 pandemic is still influencing Vietnam’s fisheries exports, with export value down 10 percent in June to just 626 million USD following a sharp decline in May of 16 percent, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Export turnover in agriculture, forestry, and fisheries in the first half of 2020 was estimated at 18.81 billion USD, a year-on-year decline of 3.4 percent.
Exports of tra (pangasius) fish slipped 39 percent in the first five months of 2020 compared to the same period last year to 456 million USD, the Ministry of Agriculture and Rural Development has said.
The COVID-19 outbreak and the severe drought will make it difficult for the southernmost province of Ca Mau to achieve this year’s growth target of 7 percent but a figure of 5.28 percent is certainly achievable, local authorities have said.
Fisheries exports in the first four months of this year fell 10 percent year-on-year to 2.18 billion USD, according to the Department of Farm Produce Processing and Market Development at the Ministry of Agriculture and Rural Development.
Export revenue in April from agro-forestry-fisheries products was estimated at 2.9 billion USD, down 16.9 percent year-on-year, the Ministry of Agriculture and Rural Development (MARD) has reported.
The acute respiratory disease caused by a novel coronavirus (COVID-19) has highlighted an urgent need for Vietnam to boost its economic restructuring and diversify its markets.
The Aquaculture Vietnam 2019 opened in the Mekong Delta city of Can Tho on October 16, drawing more than 100 firms of over 20 countries and territories.
Aquaculture Vietnam 2019, an international exhibition and conference on Vietnam’s aquaculture sector, is being held in the Mekong Delta city of Can Tho from August 16-18.
Vietnam’s exports of agricultural products are expected to face more challenges by the end of the year, so enterprises must follow market developments at home and abroad and improve the quality of their products, according to experts.
The European Union is ready to support Vietnam’s seafood industry, but it has to review its fisheries management and address its shortcomings, the First Counselor of the EU Delegation to Vietnam, Miriam Garcia Ferrer, told a meeting in HCM City on November 9.
Deputy Minister of Agriculture and Rural Development Ha Cong Tuan told a ministry meeting in Hanoi on September 6 that the sector could achieve this year’s 3.5 percent growth target,
The Ministry of Industry and Trade (MoIT) has forecast that Vietnam’s exports to the US will hit 40 billion USD this year, according to the Industry and Trade newspaper.
There is a huge opportunity for Vietnamese firms to invest in agriculture in their countries and export agricultural produce to other markets, Cambodian and Myanmarese officials have said.
Vietnam’s exports are estimated to reach 128 billion USD in the first nine months of this year, up 6.7 percent year-on-year, according to the latest statistics from the General Statistics Office.
The Ministry of Agriculture and Rural Development has asked for tighter management of fishery products amid warnings by major import markets on food hygiene and safety standards of aquatic products.
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