Bright prospects for aquatic product exports to China

Vietnam aquatic product exports to China rose 19 7 percent year on year to reach 1 1 billion USD in the first 11 months of 2019
bright prospects for aquatic product exports to china

Processing tra fish for export (Photo: VNA)

This is the second time the sector has recorded over 1 billion USD in export revenue to the world’s second largest economy.

With the aforesaid outcome, China continued to be the fourth biggest importer of Vietnamese aquatic products, after the US, Japan and the European Union (EU).

Notably, Vietnam’s aquatic product exports to China neared the export value to the EU (1.1 billion USD versus 1.15 billion USD) in January-November.

Therefore, with the good growth momentum, China is likely to surpass the EU to enter the top 3 export markets of Vietnamese aquatic products in the coming time.

Source: VNA

Related News

Lao Cai builds smart border gates at Kim Thanh and Ban Vuoc border gates

Lao Cai builds smart border gates at Kim Thanh and Ban Vuoc border gates

VCN - The People's Committee of Lao Cai province issued a plan to develop a pilot project to build a smart border gate at international road border gate No. II (Kim Thanh) and Ban Vuoc commune, Bat Xat district.
Trade surplus was more than US$8 billion in the first five months of the year

Trade surplus was more than US$8 billion in the first five months of the year

VCN - According to data announced by the General Statistics Office, in May, total import and export turnover of goods was estimated at US$66.62 billion, climbing 9.1% over the previous month and rising 22.6% compared to the same period last year.
Launching passenger transport activities through Bac Luan II bridge

Launching passenger transport activities through Bac Luan II bridge

VCN - On May 28, 2024, New National Route Corporation Transport Company Limited (China) cooperated with Global China-Vietnam Friendship Corporation Joint Stock Company (Vietnam) to complete entry procedures into Vietnam for the first means of passenger transport through Bac Luan Bridge II Customs Clearance Entrance at the Mong Cai international border gate.
Lang Son: Extending working hours, facilitating exporting agricultural products

Lang Son: Extending working hours, facilitating exporting agricultural products

VCN - According to assessments, at this time, Tan Thanh Border Gate and Huu Nghi International Border Gate are two border gates that have a large number of agricultural products and fresh fruits cleared every day. To ensure smooth cargo clearance of goods, Lang Son Customs has been extending working hours to 10pm - 11pm to receive and handle procedures for businesses.

Latest News

Industrial production grew on a large scale

Industrial production grew on a large scale

VCN - 55 localities had an increase in the index of industrial production (IIP) compared to the same period last year, only 8 localities had a decrease in IIP compared to the same period last year.
More export opportunities from the Chinese market

More export opportunities from the Chinese market

VCN – Besides 12 fruit and vegetable items; bird's nest, fish meal and some products for the production and processing of animal feed, dairy and seafood products that have been officially exported to China, fresh coconuts, frozen durian, crocodiles, poultry... are expected be officially exported to the Chinese market in the near future.
Việt Nam

Việt Nam's cinnamon exports hits over $96.3 million in five months

Farmers have been continuously working on new techniques to improve the quality and productivity of cinnamon trees.
Việt Nam facilitates the establishment of free trade zones

Việt Nam facilitates the establishment of free trade zones

Earlier, the State has proposed allowing Đà Nẵng City to pilot the establishment of a Đà Nẵng Free Trade Zone connected to the Liên Chiều Seaport. The goal is to implement experimental policies and mechanisms to attract investment to the area.

More News

Digital technology promotes green transformation at businesses

Digital technology promotes green transformation at businesses

VCN - Under pressure from the market, green and digital transformation are placing considerable pressure on businesses. This is also a hot topic discussed and analyzed at the International Forum on Creative Business - IIBF 2024, which just opened on the morning of June 12 in Ho Chi Minh City.
Vietnam’s fishery export likely to reach 4.4 billion USD in H1

Vietnam’s fishery export likely to reach 4.4 billion USD in H1

Vietnam’s export of fishery products is expected to reach 4.4 billion USD during January-June, a year-on-year increase of 6%, despite such formidable challenges as extreme weather conditions and competitive pressure regarding export prices, high input costs and shortage of materials, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Shifts in investment flows for export-oriented industries

Shifts in investment flows for export-oriented industries

The country's textile, garment and footwear industries have long relied on imported raw materials, causing a current trend of foreign enterprises shifting industries to other countries, said insiders.
Intensive processing enhances spice export value: insiders

Intensive processing enhances spice export value: insiders

A world leading spice exporter with a revenue of some 1.5 billion USD every year, Vietnam should bolster intensive processing and trade promotion to increase added values, experts have said.
Supporting industries needs a push to grow: Insiders

Supporting industries needs a push to grow: Insiders

As the development of supporting industries of Vietnam has yet to match their potential, the sector needs a push to clinch a position in the domestic market and rise to the world, according to insiders.
Greening creates competitive and sustainable advantages for enterprises

Greening creates competitive and sustainable advantages for enterprises

VCN - The gradual greening of production, green factories, green technology, clean materials, green energy, etc., has become an inevitable trend and creates competitive and sustainable advantages for enterprises in the face of difficulties and challenges.
Number of newly-established firms in five months highest on record

Number of newly-established firms in five months highest on record

As many as 64,758 enterprises entered the market in the first five months of this year, marking the highest number ever recorded, and a 4.5% increase from the same time last year, according to the Ministry of Planning and Investment (MPI)’s Business Registration Management Agency. ​
Vietnam’s fishery export likely to reach 4.4 billion USD in H1

Vietnam’s fishery export likely to reach 4.4 billion USD in H1

Vietnam’s export of fishery products is expected to reach 4.4 billion USD during January-June, a year-on-year increase of 6%, despite such formidable challenges as extreme weather conditions and competitive pressure regarding export prices, high input costs and shortage of materials, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
The outlook for maturing real estate corporate bonds might be more positive in 2024 compared to 2023

The outlook for maturing real estate corporate bonds might be more positive in 2024 compared to 2023

VCN - Customs News interviewed financial expert Nguyen Tri Hieu (Photo).
Read More

Your care

Latest Most read
Industrial production grew on a large scale

Industrial production grew on a large scale

VCN - Assessing the industrial production situation in the first five months of the year, the Ministry of Industry and Trade said that IIP is estimated to increase by 6.8 percent compared to the same period last year (the same period in 2023 decreased by
More export opportunities from the Chinese market

More export opportunities from the Chinese market

VCN - Notably, at a recent meeting between representatives of the Ministry of Agriculture and Rural Development (Vietnam) and the General Administration of Customs China (GACC), the two sides agreed on cooperation in trade and opening the market for agric
Việt Nam

Việt Nam's cinnamon exports hits over $96.3 million in five months

Farmers have been continuously working on new techniques to improve the quality and productivity of cinnamon trees.
Việt Nam facilitates the establishment of free trade zones

Việt Nam facilitates the establishment of free trade zones

Earlier, the State has proposed allowing Đà Nẵng City to pilot the establishment of a Đà Nẵng Free Trade Zone connected to the Liên Chiều Seaport. The goal is to implement experimental policies and mechanisms to attract investment to the area.
Digital technology promotes green transformation at businesses

Digital technology promotes green transformation at businesses

VCN - Speaking at the opening of the forum, Mr. Huynh Thanh Dat, Minister of Science and Technology, affirmed that technological qualifications and capabilities are key factors for businesses to create products and services with competitive or outstanding
Mobile Version