Vietnamese companies allowed to resume seafood exports to Saudi Arabia

The Saudi Food and Drug Authority (SFDA) has permitted 12 Vietnamese companies to resume their exports of seafood to the country, the Ministry of Industry and Trade (MoIT)’s Department of Asia-Africa Markets has said.
Vietnamese companies allowed to resume seafood exports to Saudi Arabia ảnh 1The Saudi Food and Drug Authority (SFDA) has permitted 12 Vietnamese companies to resume their exports of seafood to the country. (Photo: VNA)

Hanoi (VNA) -
The Saudi Food and Drug Authority (SFDA) has permitted 12 Vietnamesecompanies to resume their exports of seafood to the country, the Ministry ofIndustry and Trade (MoIT)’s Department of Asia-Africa Markets has said.

Saudi Arabia decided to temporarily suspend fishery imports from Vietnam inJanuary 2018, after a delegation of regulators, including the SFDA, conductedan inspection of a number of Vietnamese facilities and found that some failedto meet the country’s hygiene requirements.

Thanks to efforts from Vietnamese exporters as well as coordination betweenMoIT, the Ministry of Agriculture and Rural Development, and relevant authoritiesin Saudi Arabia, shipments are to begin again.

The Vietnamese companies are the Halong Canfoco-Danang Company Limited, the BinhDinh Fishery JSC, the Thanh Dung Canning Company Limited, the Tin Thinh Co.,Ltd, Fujiura Nha Trang Ltd, the T&H Nha Trang Company Limited, the MarisoVietnam Company Limited, the Hai Nam Co., Ltd, Pataya Food Industries (Vietnam)Limited, the Tien Trien Company Limited, the Rach Gia Kisimex Factory, and the VietLong Kien Giang Limited Company.

The Department of Asia-Africa Markets will soon work with relevant authoritiesto remove the Saudi Arabian ban in full.

Local exporters must pay attention to improving product quality, as SaudiArabia is a fastidious market with strict requirements on all imports. As aleading market in the Middle East, any policy adopted by the Saudis may affect thedecisions of other regional countries, MoIT said./.
VNA

See more

Prime Minister Pham Minh Chinh presents Tet gifts to workers in Ngoc Lac district, Thanh Hoa province, on January 26. (Photo: VNA)

Thanh Hoa should be nation’s growth pole: PM

PM Pham Minh Chinh expressed his confidence that the Party organisation, administration, whole political system, armed forces and people of Thanh Hoa will promote solidarity and take drastic actions to fulfill the tasks for 2025 with results better than last year's.

The Vietnamese section of the Monsoon – Thanh My 500kV transmission line project (Photo: VNA)

500kV transmission line from Laos energised

The Monsoon – Thanh My 500kV transmission line project is designed to import electricity from Laos’ Monsoon wind power plant to Vietnam, adding 600 MW to the national power grid during the 2024–2025 period.​

The entrance gate to Hanoi’s Ciputra Urban Area, where banks are selling apartments and villas. (Photo: cafef.vn)

Banks selling mortgaged assets to recover bad debts

The Viet Dragon Securities Company (VDSC) said that bad debts might continue to increase slightly this year, after a circular allowing banks to reschedule debt repayment periods and maintain the debt group for certain sectors expired at the end of 2024.

Vietnamese Ambassador to Argentina Bui Van Nghi (th fourth from the fright) in the meeting with Governor of Brazil's Espirito Santo state Renato Casagrande. (Photo: VNA)

Vietnam seeks to set up cooperation with Brazilian locality

In his meeting with Governor of Brazil's Espirito Santo Renato Casagrande, Ambassador to Argentina Bui Van Nghi Bui Van Nghi valued the potential for cooperation between the two sides, particularly in priority areas such as tourism, information technology, hi-tech agriculture, and seaport.

Remittances to Vietnam in 2024 are estimated at about 16 billion USD, maintaining the record-high levels seen in 2023. (Photo: VNA)

Remittances surge as Tet approaches

According to the State Bank of Vietnam’s Ho Chi Minh City branch, 9.6 billion USD, or 60% of the total remittances, flew through financial institutions, representing a 140 million USD increase from the previous year.

Bank lending in HCM City achieves high growth last year. (Photo courtesy of ABBANK)

Banks' credit up 11.3% in HCM City in 2024

Total outstanding loans of credit institutions in Ho Chi Minh City as of the end of last year were worth over 3.9 quadrillion VND (153.3 billion USD), a 11.3% increase for the year, according to the central bank.