action urged to lighten the load for seafood groups

Action urged to lighten the load for seafood groups

The seafood sector is clamouring for further governmental support as production costs skyrocket in the face of extra testing and safety measures.
tra vinh province faring well in the year to date

Tra Vinh province faring well in the year to date

Despite the health crisis, the Mekong Delta province of Tra Vinh has posted laudable achievements across the board this year.
growth prospects in rest of 2021 under the microscope

Growth prospects in rest of 2021 under the microscope

Many sectors with impressive second-quarter performance are expected to retain their growth momentum in the latter part of 2021, leveraging favourable supportive factors.
vietnam approves development scheme for seafood processing in 2021 2030

Vietnam approves development scheme for seafood processing in 2021-2030

Deputy Prime Minister Le Van Thanh on August 16 signed Decision No.1408/QD-TTg approving the development scheme for the seafood processing industry in 2021-2030, aiming to make Vietnam one of the world’s top five seafood processors by 2030.
vietnam seafood exports to stay slow in second half

Vietnam seafood exports to stay slow in second half

In the context of the COVID-19 pandemic and the yellow card for illegal, unreported and unregulated (IUU) fishing from the EU, Vietnamese seafood exports will likely see few signs of improvement in the second half of 2021.
shares go up bolstered by energy seasfood stocks

Shares go up, bolstered by energy, seasfood stocks

Vietnam's stock market extended gains on Tuesday on the back of energy and seafood shares.
seafood industry urges vaccination for workers as 70 per cent of factories are closed

Seafood industry urges vaccination for workers as 70 per cent of factories are closed

The Vietnam Association of Seafood Exporters and Producers (VASEP) has just sent an official dispatch to the prime minister and the Ministry of Agriculture and Rural Development, requesting vaccination for their workers as more than 70 per cent of businesses had to halt production.
seafood exports expected to reach 12 billion usd by 2025

Seafood exports expected to reach 12 billion USD by 2025

The Vietnam Association of Seafood Producers and Exporters forecasts that seafood exports would increase by an average of 7 percent yearly between 2021 and 2025, reaching 12 billion USD in 2025.
seafood exports in first half reach more than 41 billion

Seafood exports in first half reach more than $4.1 billion

Vietnam's seafood export turnover in the first half of the year reached more than $4.1 billion, making the $8.8-9 billion target for the whole year feasible.
seafood exports to glide in shallow waters

Seafood exports to glide in shallow waters

The target of the Vietnam Association of Seafood Exporters and Producers to grow seafood exports by 10 per cent this year is threatened as the Ministry of Agriculture and Rural Development announced considering stricter quarantine and safety regulations affecting the sector. 
shrimp leading the charge in seafood sector recovery

Shrimp leading the charge in seafood sector recovery

Data from the Vietnam Association of Seafood Exporters and Producers showed that Vietnam’s export turnover of seafood in the first four months of the year reached $2.5 billion, up 13 per cent over the same period last year.
seafood companies under pressure from mounting shipping costs

Seafood companies under pressure from mounting shipping costs

Exporters have been beset by soaring transport expenses this year, with costs of transporting goods to the US soared just after costs to the EU normalised, according to the Vietnam Association of Seafood Exporters and Producers.
denmarks biomart acquires viet ucs shrimp feed business

Denmark's Biomart acquires Viet-Uc’s shrimp-feed business

In a bid to expand global footprint within shrimp feed, Danish group BioMar has recently scooped up a majority share in Viet-Uc, one of Vietnam’s leading seafood groups operating in shrimp and fish hatcheries and shrimp farming.
mixed fortunes for seafood sector in unpredictable year

Mixed fortunes for seafood sector in unpredictable year

Last year has been a year with ups and downs for the seafood sector. While the consumption and export of basa fish stagnated mostly due to the global health crisis, shrimp farmers still saw a successful 2020. With an array of newly-effective free trade agreements, local seafood providers are now looking towards a future of boosted sales and exports.
us removes anti dumping tax on minh phu shrimp

US removes anti-dumping tax on Minh Phu shrimp

United States Customs and Border Protection (CBP) has cancelled anti-dumping tariffs imposed on Minh Phu's subsidiary.