GENERAL INFORMATION

In Vietnam, the fishery sector plays an important role in the national economy, accounting for about 4-5 percent of Gross Domestic Product (GDP) and about 9-10% of national export revenue.

More than 4 millions of people working in the fishery and the growth in production have attributed to the fish exports. Thanks to strongly increase in many years, Vietnam ranks among the top ten seafood suppliers and its seafood products are exported to 170 markets in the world.

Shrimp, pangasius, tuna, squid and octopus are main seafood products exported by the country. In which, shrimp exports create about US$ 3.5 – 4 billion, make up 46-50% of the total seafood sales of Vietnam. Earnings from pangasius reached at US$ 1.7 – 1.8 billion (25% of the total) and exports from Tuna and Cephalopods are US$ 450 – 550 million for each.

Exports to the U.S, Japan, EU, China and South Korea make up 75% of Vietnam’s seafood sales to the wolrd.

5 advantages for Vietnam seafood exports:  

(1)  High commitment and participation from Government, Industry and companies for food safety, environment  and social responsibility;

(2)  Able to supply the big volume and safe quality and stable seafood products;

(3)  Meet all the customers’ requirements, incl. the vertical linkage (integration) for each species sector;

(4)  Vietnam is one in few countries in the world which has the good and stable labor resource; 

(5)  Vietnam has Agreements / FTAs with many countries and territories and has advantages both in product quality and im-ex tax.  

Ca Mau works to achieve 1.2 billion USD in exports

The Mekong Delta province of Ca Mau is exerting efforts to fulfil a target of 1.2 billion USD in export turnover in 2018.

According to the provincial People’s Committee, from the beginning of this year, the locality’s export value surpassed 810 million USD, mainly from the export of frozen shrimp, equal to 67.6 percent of the yearly target.

In October alone, Ca Mau earned 109 million USD from exports, representing a rise of 10.3 percent against that of the previous month.

The Vietnam Association Seafood Exporters and Producers (VASEP) predicts bright prospects for export activities in the remaining months of this year. In addition, the price of shrimp materials has increased again, bringing about joy for shrimp farmers in the Mekong Delta province.

From now until the end of this year, the province continues stepping up trade promotion, seeking and expanding export markets, and diversifying export markets, said Chairman of the local People’s Committee Nguyen Tien Hai.

Enterprises have paid attention to reforming technologies and increase the productivity and quality of products to meet market demand and increase their competitiveness on both domestic and international markets.

The People’s Committee will also carry out several policies to help enterprises deal with difficulties, while speeding up administrative reform to foster production development and increase export turnover, and encouraging farmers and enterprises to invest in brackish shrimp farming in potential areas.

Hai asked local departments, sectors and localities to have strict management over farming areas, shrimp breeds and purchase, transportation, semi-processing and processing stages, and carry out measures to well address environmental pollution and diseases, so as to maintain the prestige, quality and brand name of Ca Mau’s shrimp.

VNA


  • Vinh Hoan
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