Weakening demand continues to dog Vietnamese firms

Weakening demand continues to dog Vietnamese firms

Falling orders caused by weak demand have left firms with no choice but to shed jobs and scale down production in the last months of the lunar year.
Seafood sector expects rosier Q4 performance

Seafood sector expects rosier Q4 performance

Albeit inflation still fetching high in some key export markets, seafood producers aspire to rosier business in the rest of the year.
Seafood producers eye record profit yet face mounting challenges

Seafood producers eye record profit yet face mounting challenges

Many seafood producers posted record profits in the second quarter. However, mounting hardships linger in the remainder of the year.
Seafood firms toast to first-quarter upbeat performance

Seafood firms toast to first-quarter upbeat performance

Many listed seafood producers and exporters eyed record revenue and profit figures, leveraging spikes in prices and favourable market conditions.
Six more Vietnamese basa fish producers gain entry to US market

Six more Vietnamese basa fish producers gain entry to US market

The US Food Safety and Inspection Service on May 19 allowed six more Vietnamese basa producers to export to this market.
Global free trade agreements offer key to burgeoning seafood performance

Global free trade agreements offer key to burgeoning seafood performance

The economy and the food sector are recovering, especially since both are utilising the advantages of free trade agreements that have opened opportunities and ample room for Vietnam’s seafood exports in 2022.
Seafood export showing falling sign in August

Seafood export showing falling sign in August

In August, exports to all markets decreased by 16 – 50 per cent compared to the same period in 2020.
Seafood producers hard to resume as normal

Seafood producers hard to resume as normal

Only a few seafood producers have the capacity to resume production immediately after social distancing while the rest will need quite a long time to pick up pace.
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.
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 VASEP has requested the PM and MARD to authorise vaccination for their workers as more than 70 per cent of businesses had to halt production.
Basa exporters’ journey through troubled waters

Basa exporters’ journey through troubled waters

Basa fish exporters recorded positive growth in the first months of the year, but are now facing escalating prices and costs.
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.
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.
2020 aquatic product exports predicted to hit 8.6 bln USD

2020 aquatic product exports predicted to hit 8.6 bln USD

Vietnam may earn 8.6 billion USD from exporting aquatic products this year, the same as the figure in 2019, the Vietnam Association of Seafood Exporters and Producers (VASEP) has forecast, adding that it would be a result beyond the expectations of most given the COVID-19 pandemic.
1 2 3