Tuna exports experience mixed trend
Tuna exports doubled year on year to
almost 100 million USD so far this year, enjoying multi-fold surges in
traditional markets such as the US and Canada but suffering a drop in
the European Union.
Tuna exports doubled year on year to
almost 100 million USD so far this year, enjoying multi-fold surges in
traditional markets such as the US and Canada but suffering a drop in
the European Union.
The Vietnam Association of Seafood Exporters and Producers (VASEP) said exports to the two northern American markets surged by over five folds year on year.
Other traditional markets experienced the similarity. Exports to Japan earned over 10 million USD and Taiwan doubled to 1 million USD.
However, exports to the European Union suffered a drop in both value and quantity.
VASEP members partially blamed the problem on the EC’s new law aimed at combating illegal, unreported and unregulated (IUU) fishing.
Businesses raised concerns that more challenges are ahead as seafood exports to EU must be certified legal and a certification of conformity is an entrance ticket for Vietnamese seafoods.
To meet this demand, the Vietnam Fishermen Association is taking steps to establish an authority to supervise and protect ocean tuna fishing on the national scale.
Experts called for urgent action to be taken to promote Vietnamese ocean tuna brand to increase the commercial value of the products to their real value./.
The Vietnam Association of Seafood Exporters and Producers (VASEP) said exports to the two northern American markets surged by over five folds year on year.
Other traditional markets experienced the similarity. Exports to Japan earned over 10 million USD and Taiwan doubled to 1 million USD.
However, exports to the European Union suffered a drop in both value and quantity.
VASEP members partially blamed the problem on the EC’s new law aimed at combating illegal, unreported and unregulated (IUU) fishing.
Businesses raised concerns that more challenges are ahead as seafood exports to EU must be certified legal and a certification of conformity is an entrance ticket for Vietnamese seafoods.
To meet this demand, the Vietnam Fishermen Association is taking steps to establish an authority to supervise and protect ocean tuna fishing on the national scale.
Experts called for urgent action to be taken to promote Vietnamese ocean tuna brand to increase the commercial value of the products to their real value./.
You should also see
Investor confidence gains traction on improved business climate
Better investment climate, with simplified administrative producers and special incentives, has helped improve investor confidence, thus catalysing investments from a wider pool of both domestic and international investors for socio-economic development.
See more
Business
Vietnamese canned sugarcane juice favoured in US
The first cases of Vietnamese canned sugarcane juice have hit supermarket shelves in Miami, the US state of Florida.
Business
Labels on foods exported to Singapore must be accurate: Trade counselor
Counsellor Cao Xuan Thang, head of the Vietnam Trade Office in Singapore, has advised Vietnamese exporters to pay attention to labeling pre-packaged food products to ensure their credibility and image of businesses when exporting to the Singaporean market.
Business
April 25 gold bullion auction cancelled
The State Bank of Vietnam (SBV) has announced that it canceled the gold bullion auction scheduled for April 25 morning as only one business submitted its bidding form.
Business
High airfares create chance for short-distance trips for Reunification Day holiday
Due to a hike of air ticket prices for domestic flights, Vietnamese tourists are turning to short-distance trips for the upcoming National Reunification Day (April 30) and May Day (May 1) holidays.
Business
Phu Yen, Ninh Thuan attractive to energy project developers
The south-central coastal provinces of Phu Yen and Ninh Thuan have become attractive destinations for investors operating in the energy industry thanks to great potential for renewable energy development.
