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 Tra Vinh is taking various steps to develop climate change-resilient aquaculture, setting its sights on expanding the local aquaculture area by 2,500 ha to reach 40,000 ha by 2030.
The Vietnam Sanitary and Phytosanitary Notification Authority and Enquiry Point (SPS Vietnam Office) has expressed the country’s concern over Brazil’s application of regulations that go beyond international practices on shrimp and tra fish imported from Vietnam.
Batches of tra fish products manufactured under a high-tech production process have been shipped to the EU, South America, ASEAN, China, and the Middle East by a company based in the Mekong Delta province of An Giang.
Tra (pangasius) fish prices have dropped to their lowest levels in 11 years since exports have been hit by Covid-19, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Shipments of Vietnamese fishery products to the EU in August, the first month the EU-Vietnam Free Trade Agreement took effect, increased by around 10 percent over July, demonstrating the positive effect of the deal.
Tra (pangasius) fish farming has been hit by a double whammy of COVID-19 and prolonged saltwater intrusion in rivers in the Mekong Delta region, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Multiple tra fish companies suffered losses due to falling export prices and lower orders, focusing instead on the domestic market amid the COVID-19 pandemic.
Vietnam earned 570 million USD from exporting aquatic products in May, raising the total figure in the first five months of this year to nearly 3 billion USD, a year-on-year decline of 6 percent.
Vietnam earned 570 million USD from exporting aquatic products in May, raising the total figure in the first five months of this year to nearly 3 billion USD, a year-on-year decline of 6 percent.
An event took place in Hanoi on June 9 to help promote the domestic consumption of tra fish products, a major foreign currency earner that has been hit hard by impact of the COVID-19 outbreak.
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.
Diversifying products and adapting quickly to market fluctuations will help create growth momentum and remove difficulties for seafood exports, experts have said.
Vietnam’s tra fish exports fell 29.3 percent year on year to 334 million USD in the first three months of this year, due to the COVID-19 pandemic, but the industry – a big foreign currency earner – may fully recover in the third quarter, according to the Directorate of Fisheries.
The US Department of Commerce (DOC) has lowered anti-dumping duties on tra fish (pangasius) products from Vietnam following its official conclusion of its 15th period of review (POR15) from August 1, 2017 to July 31, 2018, according to the Trade Remedies Authorities of Vietnam under the Ministry of Trade and Industry (MoIT).
Vietnam exported nearly 13 million USD worth of tra fish to China in the first half of March, 1 million USD higher than February’s number, a sign of recovery for Vietnamese exports of aquatic products to the neighbouring country.
Vietnam’s tra fish exports to some major markets like the US and China are gradually increasing though the fisheries industry is still struggling to cope with the fallout of the COVID-19 pandemic.
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