Singapore (VNA) – Statistics in the first half of this year show that for the first time, Vietnam’s fishery products maintained its position as the fifth largest partner in Singapore for the second consecutive quarter
The Vietnam Trade Office in Singapore said Vietnam’s fishery exports to Singapore in the period under review rose by 0.81% to reach 51.7 million USD, occupying a market share of 9.46%. A sharp export revenue rise was seen in fresh fish (25.42%).
Trade Counsellor in Singapore Cao Xuan Thang advised Vietnamese businesses to further improve the quality of the exports and take an active part in the office’s efforts in connecting with the host country’s peers so as to broaden their presence there.
Singaporean statistics show that in the first six months of this year, the country spent about 546.14 million SGD (over 406 million USD) to import fishery products from nearly 100 countries and territories. Imports from Vietnam included frozen fillet (28.69%) and processed fish (19.24%).
It is implementing a policy of continuously diversifying the sources of supply to ensure food security, and this is intensifying the competition among the exporters of fishery products to Singapore./.
Vietnamese fresh agricultural products have opportunities to enter Singaporean market
A working delegation from Singapore on July 12 visited agricultural farms in the Mekong Delta province of Long An to learn about food safety management policies, disease control and agricultural export certification process there.