The Vietnam Pangasius Association forecasts thatexport revenue of tra fish will hit US$1.5 billion in 2020, lower than the 2019 figure of US$2 billion mainly due to the COVID-19 pandemic.
Many of the Vietnamese industry’s most important export markets have suffered severely because of the COVID-19 pandemic.
Hanoi, Vietnam News Agency - according to the voice of Vietnam, "Vietnam's aquatic products exports will reach 20 billion US dollars by 2030.". This is one of the important objectives put forward at the meeting on the development strategy of the aquatic industry by 2030.
Seafood exporters are anxious about the EU-Vietnam FTA (free trade agreement) that is expected to give Vietnam an export advantage on marine food products vis-à-vis India in accessing EU markets.
In February 2020, the export of Basa fish to ASEAN increased by only 16.3%. Due to the Covid-19 epidemic, many countries suspended commercial transactions to control the disease.
A reporter asked: according to reports, a spokesman for the Foreign Ministry of Vietnam issued a statement on the 8th, saying that Vietnam protested against China's unilateral implementation of the fishing ban in the South China Sea and asked China to stop further complicating the situation in th
o confirm a mutual interest in entering into a partnership, BioMar and Vietnam’s leading shrimp hatchery Viet-UC have signed a memorandum of understanding with the intention of BioMar becoming part owner and operational lead in the feed factory currently owned by Viet-UC.
Key industries like textiles, footwear, electronics, food and seafood processing must be prioritized for support in the “new normal” situation, said Trương Thanh Hoài, director of Vietnam’s Department of Industry.
The US Department of Commerce (DOC) has lowered anti-dumping duties on tra fish (pangasius) products from Vietnam following its official conclusion of its 15th period of review (POR15) from August 1, 2017 to July 31, 2018, according to the Trade Remedies Authorities of Vietnam under the Ministry