VASEP wants sustainable shrimp farming and export VASEP has proposed some solutions to sustainable growth of shrimp farming and export - PHOTO: TRUNG CHANH HCMC – The Vietnam Association of Seafood Exporters and Producers (VASEP) has proposed some solutions to sustainable growth of shrimp farming and export, Nguoi Lao Dong newspaper reports. In a proposal to the Government and the Ministry of Agriculture and Rural Development, VASEP said that Chinese traders are purchasing increasingly huge volumes of large-size shrimps from India and Ecuador at low prices, instead of Vietnamese shrimp. Therefore, the association suggests the Government strengthen control on transshipments via Haiphong Port of Indian and Ecuadorian shrimp bound for China in a bid to minimize trade fraud and lure Chinese traders into buying Vietnamese shrimp as usual. VASEP also proposes the Government pay special attention to high-level diplomacy with the United States so that the world’s … [Read more...] about VASEP wants sustainable shrimp farming and export
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Vietnam bolsters agricultural exports amid growing protectionism
Vietnam bolsters agricultural exports amid growing protectionism. (Photo: VNA) Hanoi (VNA) - Vietnam is working to accelerate agricultural exports as growing global protectionism has impacted international trade and export of Vietnamese staples. Rough seas for Vietnamese agricultural products To protect its domestic catfish industry, the US Department of Commerce decided to levy duties of 3.87 USD per kilogramme for Vietnamese tra fish. This is the highest tax rate ever applied for Vietnamese frozen catfish fillets, making it difficult for local exporters to access the US market. According to Truong Dinh Hoe, General Secretary of Vietnam Association of Seafood Exporters and Producers (VASEP), Vietnamese shrimp and fish have been taxed at an unfair anti-dumping rate since 2003 when Vietnam’s seafood exports only reached 1-2 billion USD a year. Other seafood products like tra fish and tuna have been subjected to rigorous scrutiny before they are allowed to reach US consumers. … [Read more...] about Vietnam bolsters agricultural exports amid growing protectionism
EU tops exports of Việt Nam shrimp
Viet Nam News HÀ NỘI – The European Union (EU) market was the largest export market of Vietnamese shrimp in the first quarter of this year, according to Việt Nam Association of Seafood Exporters and Producers (VASEP). In the first quarter, the export value of shrimp from Việt Nam to the EU gained a year-on-year increase of 20.2 per cent to US$742.9 million, including $302.4 million in March, up 25.8 per cent compared to March 2017. Therefore, the EU maintained its position as the largest market for Vietnamese shrimp products, accounting for 18.2 per cent of Việt Nam’s total shrimp export value in the first quarter. The association said the EU was considered as the "most dynamic" market for Vietnamese shrimp in 2017. In 2018, the shrimp export to this market has maintained an upward trend. Việt Nam has gained by exporting shrimp to the EU, because India, Việt Nam’s big competitor in the EU market, has faced … [Read more...] about EU tops exports of Việt Nam shrimp
Vietnam to gain 4.8 billion USD from shrimp exports
Vietnam expects to earn 4.8 billion USD from shrimp export in 2018 (Source: VNA) Hanoi (VNA) - Vietnam’s shrimp industry is expected to gain an export value of 4.8 billion USD in 2018 due to the many advantages of export promotion, experts said. These advantages from existing mechanism and policies include a programme on sustainable development of the fisheries economy during 2016-20. Under the programme, the shrimp industry will actively produce varieties of black tiger shrimp and white leg shrimp to meet the demand of market demand. Meanwhile, the Ministry of Agriculture and Rural Development as well as other State management agencies have removed many obstacles in export procedures to create favourable conditions for export enterprises. The shrimp sector now has many favourable conditions with the Government’s higher attention, including opening of material production centres and solutions on supplying raw material, according to a representative of Minh Phu Seafood … [Read more...] about Vietnam to gain 4.8 billion USD from shrimp exports
VN to gain $4.8b from shrimp exports
Việt Nam’s shrimp industry is expected to gain an export value of US$4.8 billion in 2018 due to the many advantages of exports promotion, experts said.– VNA/VNS Photo HÀ NỘI – Việt Nam’s shrimp industry is expected to gain an export value of US$4.8 billion in 2018 due to the many advantages of exports promotion, experts said. These advantages from existing mechanism and policies include a programme on sustainable development of the fisheries economy during 2016-20. Under the programme, the shrimp industry will actively produce varieties of black tiger shrimp and white leg shrimp to meet the demand of market demand. Meanwhile, the Ministry of Agriculture and Rural Development as well as other State management agencies have removed many obstacles in export procedures to create favourable conditions for export enterprises. The shrimp sector now has many favourable conditions with the Government’s higher attention, … [Read more...] about VN to gain $4.8b from shrimp exports