Business

Shrimp sector to benefit from Vietnam-RoK trade deal

Vietnam could export 10,000 tonnes of shrimp products to the Republic of Korea at zero percent tax thanks to the free trade agreement (FTA) signed between the two countries in May 2015 and expected to take effect in 2016.

This is seen as a huge advantage for the Vietnamese shrimp sector since rivals from Thailand, Indonesia, and India still have to pay import tariff at 20 percent when shipping the products to the RoK.

Vietnamese shrimp exporters seek to expand markets Business

Vietnamese shrimp exporters seek to expand markets

Vietnamese shrimp processors and exporters should take advantage of a sharp fall in global supply caused by the early mortality syndrome (EMS) to seek and expand their markets, said Vice President of the Vietnam Association of Seafood Exporters and Producers (VASEP) Nguyen Huu Dung.
US anti-dumping taxes on VN’s shrimp go against bilateral ties Business

US anti-dumping taxes on VN’s shrimp go against bilateral ties

The US Department of Commerce (DOC)’s imposition of anti-dumping duties on Vietnamese shrimp products is unfair and contradicts the principle of trade liberalisation and the economic and trade ties between the two countries, Foreign Ministry spokesman Le Hai Binh told reporters in Hanoi on September 27.
Business

Trademark strategy for Mekong Delta needed: economist

An economist has called for a trademark strategy exclusively designed for the Mekong Delta, plus a string of comprehensive policies ranging from planning, investment, production to market connectivity in a bid to improve its brand recognition both at home and abroad.
Business

Shrimp exports likely to reach 2.5 bln USD in 2013

Vietnam expects to earn 2.5-2.6 billion USD from shrimp exports in 2013, up by 15 percent from last year, attributable to the stability of the monthly average turnover of 250 million USD from shipping this produce.