Vietnam in urgent need of brands for tra fish
Vietnam is facing an urgent need to build brands for its tra fish, a big foreign currency earner, amidst numerous challenges facing the industry.
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Vietnam is facing an urgent need to build brands for its tra fish, a big foreign currency earner, amidst numerous challenges facing the industry.
Vietnam’s tra fish exports to Southeast Asian countries were worth 87.3 million USD in the first five months of the year, a year-on-year increase of 14.6 percent, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
With the Comprehensive and Progressive Agreement for Trans-Pacific (CPTPP) officially coming into force, Vietnamese exporters should make the most use of the opportunities it brings in Japan, one of Vietnam’s leading trade partners.
Vietnam’s seafood export turnover in June reached 794 million USD, raising the total value for the first half of the year to nearly 4 billion USD, up 0.3 percent year on year, according to the Ministry of Agriculture and Rural Development’s Agro Processing and Market Development Authority (AgroTrade).
Vietnam is likely to earn 10 billion USD from exporting aquatic products in 2019, according to the Directorate of Fisheries under the Ministry of Agriculture and Rural Development.
The Ministry of Agriculture and Rural Development has implemented several measures to develop the best breeding sources to produce seeds for the delta’s fishery, fruit and rice sectors by 2025.
Once the EU-Vietnam Free Trade Agreement (EVFTA) takes effect, over 99 percent of tariff on goods from both sides will be lifted, thus helping to improve competitiveness as well as market share of Vietnamese products in the EU market, a Vietnamese official has said.
The Vietnam Association of Seafood Exporters and Producers (VASEP) has forecast that tra fish exports to the EU will increase by 20-35 percent in 2019.
President of the Vietnam Fatherland Front (VFF) Central Committee Tran Thanh Man had a working session with a delegation from the Lao Front for National Construction (LFNC) in the Mekong Delta city of Can Tho on June 22.
The Ministry of Agriculture and Rural Development has implemented several measures to develop the best breeding sources to produce seeds for the delta’s fishery, fruit and rice sectors by 2025.
The domestic tra fish industry has faced challenges regarding the purchasing price on the domestic market as well exports due to high tariffs on the product in the US market, according to the Ministry of Agriculture and Rural Development (MARD).
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is opening the door wide for Vietnamese tra fish, a major foreign currency earner, to enter the markets of 10 other members of the deal.
A conference in the Mekong Delta province of An Giang on June 12 helped overseas Vietnamese (OV) businesspeople to learn about agriculture and tourism projects in need of capital.
More than 10 key agricultural products of Vietnam are being sold across 160 countries and territories worldwide.
More than 10 key agricultural products of Vietnam are being sold across 160 countries and territories worldwide.
The Ministry of Agriculture and Rural Development has reported a trade surplus of nearly 3.3 billion USD in the first five months of this year.
Vietnam has made rapid progress in strategic and economic spheres over the past year, according to experts from the Australia-based Lowy Institute.
A delegation led by Minister and Secretary General of the presidency of Ivory Coast Patrick Achim with Can Tho authorities in the Mekong Delta city on May 28 to discuss agriculture cooperation.
