Vietnam expands seafood exports to China

Promoting Vietnamese seafood exports to China was the main focus of a workshop held by the Vietnam Pangasius Association (VPA) and China’s Yuexi fisheries association in the Mekong Delta city of Can Tho on April 18.
Vietnam expands seafood exports to China ảnh 1At the workshop (Source: VNA)

Can Tho (VNA) – PromotingVietnamese seafood exports to China was the main focus of a workshop held bythe Vietnam Pangasius Association (VPA) and China’s Yuexi fisheries associationin the Mekong Delta city of Can Tho on April 18.

Vo Hung Dung, VPA Vice President,said Vietnam’s seafood export value to China rose from about 400 million USD in2014 to 1.8 billion USD in 2017, helping China surpass the US to become thecountry’s biggest seafood importer.

However, he pointed out thepossibility of ending contracts ahead of schedule, thus putting Vietnamesebusinesses at risk.

Therefore, it is necessary to becautious while stepping up exports to this market, the official stressed.

Cen Jian, a representative of theYuexi fisheries association, suggested Vietnamese seafood firms ship theirproducts via official channels to avoid the risk, protecting the interests ofboth exporters and importers.

Ta Minh Phu, President of the BacLieu Seafood Association, raised concerns regarding China’s incentives and taxpolicies for Vietnamese aquatic products.

In reply, the Chinese side saidVietnamese seafood businesses enjoy a preferential import tax rate of zeropercent for the whole year, which is a great advantage for Vietnam comparedwith the rate of 2.5 percent imposed on Malaysia and Indonesia.

Tran Thanh Phong, Deputy SecretaryGeneral of the VPA, said his association will implement five groups ofsolutions to promote exports to the Chinese market.

The association aims to successfullymaterialise the Vietnam-China border trade agreement, set up trade links withGuangxi, Yunnan and Guangdong, utilise incentives fro the ASEAN-ChinaAgreement, urge China to remove technical barriers in the sector and intensifytrade promotion through exhibitions and fairs.

On this occasion, the Chinese sidereleased information about a seafood fair in Zhanjiang city from June 18-20, 2018,which is expected to draw about 200 businesses.

Participating Vietnamese firms willbe exempt from all costs and provided with market information, they said.-VNA
VNA

See more

National Highway 61C (Photo; baohaugiang.com.vn)

Hau Giang, JICA to upgrade national highway

National Highway 61C linking Can Tho city with Hau Giang province will feature four lanes for motor vehicles and two for non-motorized traffic, with an estimated cost of over 5.17 trillion VND (206.8 million USD).

At the ceremony (Photo: nhandan.vn)

Ha Nam grants investment certificates for two key projects

Ha Nam province on February 13 licenced the high-precision circuit board manufacturing plant of Red Board Technology (Vietnam) Co., Ltd., and the kitchenware and related metal products manufacturing plant of Casla Kitchenware JSC.

A total of 18,893 cars were sold in Vietnam in January, a drop of 40% compared to the previous month (Photo: VietnamPlus)

Car sales in Vietnam down 40% in January

Experts attributed a sharp decline in car sales to the Lunar New Year (Tet) holidays, impacting consumers' purchasing power. Consumers tend to wait for new models and releases at this time of year, contributing to lower sales during this period.

Illustrative image (Photo: VNA)

Retail fuel prices in latest adjustment

According to the new pricing, E5 RON92 bio-fuel is now priced at 20,598 VND per litre, up 156 VND, while RON95-III costs 21,074 VND per litre, an increase of 146 VND.

NA Chairman Tran Thanh Man speaks at the session on February 13. (Photo: VNA)

NA weighs new policies to boost science, technology, innovation

The resolution, presented at the February 13 session of the NA Standing Committee, seeks to establish a legal framework that would effectively boost national scientific-technological advancement and digital transformation, making them driving forces for socio-economic development to deliver on the dual targets by 2030 and 2045 as outlined at the 13th National Party Congress.

CPI in January 2025 rose by 0.98% compared to December 2024 (Photo: thoibaotaichinhvietnam.com)

Fiscal, monetary policies support demand stimulation, price stabilisation

These efforts, in conjunction with the implementation of monetary policies and other macroeconomic policies, aim to solve difficulties for businesses and the public, stabilise the macroeconomy, control inflation, ensure the balance of the economy, promote economic growth, and secure social welfare and people's livelihoods.

People line up to register for land auctions in Hoai Duc district, Hanoi. (Photo: VNA)

Affordable housing for young buyers a win-win: HoREA

Most young people are ambitious and have a long career path ahead of them to generate income and repay loans. Typically, within 10-15 years, their earnings will double or triple, making such loans low-risk for banks, said HoREA