Vietnam’s tra fish export is valued at over 1.7 billion USD in 2014and will remain unchanged in 2015, according to the Vietnam Associationof Seafood Exporters and Producers (VASEP).
Theassociation said 2014 is the third successive year that the shipment ofthe fish has been fluctuating around the 1.7-billion-USD mark.
According to VASEP, tra fish export began recovering since June andhas been rising throughout the rest of the year in such markets asSoutheast Asia, Mexico and China.
It, however, faced a continuous decline in the two largest markets, namely the European Union and the United States.
Tran Van Linh, VASEP Vice Chairman, said the current difficultsituation resulted partly from the uncontrolled expansion of trafish-breeding area in previous years.
A slowgrowth of the key catfish markets posed another challenge to thesector’s export which has already been struggling with the shrinkingprofit caused by low-price trend, Linh said.
Moreover, the export was also affected when tra fish enterprises havebeen working to restructure themselves towards raising further thereputation and value of the fish products, Linh added.
The US’s continuous selection of Indonesia as a reference countryin calculating tax levels for Vietnam is a big disadvantage forlocal companies, given differences in conditions, production scale andinput costs between the two countries.
The tra fish sector will have to compete against other supplies of white-flesh fish such as cods and tilapias, said VASEP.
In 2014, the Mekong Delta has reserved 5,500 ha for farming tra fish, which turned out 1.1 million tonnes in output.
Vietnamese tra fish products have been shipped to 150 countries and territories across the globe.-VNA
Theassociation said 2014 is the third successive year that the shipment ofthe fish has been fluctuating around the 1.7-billion-USD mark.
According to VASEP, tra fish export began recovering since June andhas been rising throughout the rest of the year in such markets asSoutheast Asia, Mexico and China.
It, however, faced a continuous decline in the two largest markets, namely the European Union and the United States.
Tran Van Linh, VASEP Vice Chairman, said the current difficultsituation resulted partly from the uncontrolled expansion of trafish-breeding area in previous years.
A slowgrowth of the key catfish markets posed another challenge to thesector’s export which has already been struggling with the shrinkingprofit caused by low-price trend, Linh said.
Moreover, the export was also affected when tra fish enterprises havebeen working to restructure themselves towards raising further thereputation and value of the fish products, Linh added.
The US’s continuous selection of Indonesia as a reference countryin calculating tax levels for Vietnam is a big disadvantage forlocal companies, given differences in conditions, production scale andinput costs between the two countries.
The tra fish sector will have to compete against other supplies of white-flesh fish such as cods and tilapias, said VASEP.
In 2014, the Mekong Delta has reserved 5,500 ha for farming tra fish, which turned out 1.1 million tonnes in output.
Vietnamese tra fish products have been shipped to 150 countries and territories across the globe.-VNA
