Prepare carefully for seafood export

VCN – In 2021, seafood export is expected to reach US$8.7 billion and the figure towards 2030 is US$14-16 billion. In order to reach the target, the whole industry still has a lot of work to do, especially increasing seafood production to ensure quality and meet strict non-tariff requirements from import markets.
2830-1039-16-3634-phong-ve1610
Increase production and prepare a source of good quality raw materials is an important factor to help seafood export achieve goals in the future. Photo: N. Thanh

Regarding the development of the fisheries sector, the Prime Minister recently issued Decision No. 339 / QD-TTg on approving the Vietnam Fisheries Development Strategy to 2030, with a vision to 2045.

Notably, the specific goal set is to strive to 2030, the production value of aquatic products reaches 3 - 4% each year; the total output of aquatic products domestically produced reached 9.8 million tons; value of seafood export turnover reached US$14-16 billion.

From the perspective of enterprises, Mr. Nguyen Hoai Nam, Deputy Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP), said enterprises are very supportive of the tasks and proposals to achieve the goal of domestically produced seafood at 9.8 million tons.

Investing in infrastructure is important, including the process of disease prevention in fisheries. “If the budget is low, the Ministry and Department of Animal Health should propose to consider and adjust the balance. Currently, many agricultural groups are striving to become export commodity group. Meanwhile, seafood is already an export commodity group,” Mr. Nam said.

VASEP's Deputy Secretary-General emphasized the issue of meeting the increasing non-tariff requirements of the import market. When the integration increases, the tax is reduced, the non-tax barriers tend to increase. Currently, each year, the World Trade Organization (WTO) receives more than 3,000 requests from countries related to non-tax issues. On the basis of production, in addition to ensuring criteria for export, there is also another criterion which is the disease safety programs of each chain, each enterprise must replicate, with the support of the Ministry of Agriculture and Rural Development.

“By nature, we are trying to use the resources of the processing technology, the goods market, and the support of the FTAs. Production will be an important part of investment in the next 10 years. We are very concerned about the raw material areas. The quantity of raw materials is not enough but must have a good source of raw materials, the national competition and enterprises will be different. India currently has production, but raw materials are not evaluated well, so Vietnam benefits. The business community, including businesses that have invested in farming or have not yet invested in farming, the pandemic prevention will be a factor to ensure that we have a source of raw materials for offering or signing orders,” Mr. Nam said.

Deputy Minister Phung Duc Tien said the fishing industry of Vietnam has grown in recent years.

According to the research, the fishery resource was previously 4.36 million tons but is now rapidly declining. Therefore, the general orientation is to reduce the catch from 3.8 million tons to 2.8 million tons.

“In terms of farming, the geography of Vietnam is huge. Farming is not only in the inner fields, but we have space of 1 million km2 of sea, if we only cultivate 500,000 km2, the output will be very large. However, to develop aquaculture, it is necessary to pay attention to seeds, agricultural materials and aquatic infrastructure. Besides, it is necessary to improve the processing capacity and develop the market,” said Deputy Minister Phung Duc Tien.

Leaders of the Ministry of Agriculture and Rural Development said regarding the policy mechanism, we will consider the sea surface delivery, the credit and the market. All these issues need to be considered.

Currently, Vietnam is striving to achieve the 3rd position in the global seafood export. Although, last year, Vietnam exported US$8.6 billion to over 160 countries, but countries are also applying technical barriers for trade defense, so Vietnam must meet market requirements.

In addition, Deputy Minister Phung Duc Tien also mentioned the need to restructure seafood processing and exporting enterprises; link activities of these enterprises according to the cyclical, chain-based economic model and value enhancement.

“In terms of capacity building to prevent and control of diseases on aquatic products, in recent years, we still have returned shipments due to not tightly controlling the farming environment, or antibiotic residues problem. Therefore, these issues need to be solved to achieve an export value of US$14-16 billion,” said Deputy Minister Phung Duc Tien.

By ThanhNguyễn/ PhươngThảo

Related News

Latest News

Ho Chi Minh City partners with nine provinces to boost import and export activities

Ho Chi Minh City partners with nine provinces to boost import and export activities

VCN - Ho Chi Minh City (HCMC) and nine provinces in the northern and north-central regions are cooperating in socio-economic development, leveraging each region's advantages and potential to boost import and export activities.
Vietnam

Vietnam's second rice brand enters picky Japanese market

Japonica - AAN has become the second Vietnamese rice brand to have entered Japan, with a ceremony held on October 9 to debut the produce.
Enterprises need to be ready to respond to trade defense

Enterprises need to be ready to respond to trade defense

VCN - According to the Department of Trade Defense, through the process of protecting the rights of Vietnamese manufacturing and exporting enterprises in each trade defense case, the outcome of the appeal depends largely on the quality of coordination between the parties involved.
Foreign investors interested in green development, semiconductor industry in Vietnam

Foreign investors interested in green development, semiconductor industry in Vietnam

Green, clean development and semiconductor chip production are among the sectors in Vietnam that foreign investors are interested in, according to VinaCapital CEO and Founding Partner Don Lam.

More News

Vietnam’s stainless steel exports under dual investigation

Vietnam’s stainless steel exports under dual investigation

The US Department of Commerce (DOC) has initiated an anti-dumping and countervailing duty investigation into corrosion-resistant steel (CORE) imported from Vietnam, alongside nine other countries and territories.
F&B industry to reach 30 billion USD in 2024

F&B industry to reach 30 billion USD in 2024

The Ministry of Industry and Trade (MoIT) forecasts that the revenue of the food and beverage (F&B) industry will grow by 10.92% this year, reaching more than 720 trillion VND (29.8 billion USD).
Self-sufficiency in raw materials critical for garment, footwear

Self-sufficiency in raw materials critical for garment, footwear

Vietnam needs breakthrough solutions to upgrade the value chains of the garment and footwear industries with the focus on achieving self-sufficiency in raw materials to increase added value and develop sustainably.
To successfully export fresh coconuts to China

To successfully export fresh coconuts to China

VCN - The large demand of the Chinese market not only exposes a "golden” opportunity to the Vietnamese coconut industry, but also poses potential risks for businesses if there is no systematic investment in raw material areas as well as strict control over the cultivation, harvesting, and processing processes...
Standardising fruit quality can open up new markets for Vietnam: Insiders

Standardising fruit quality can open up new markets for Vietnam: Insiders

There is plenty of room for Vietnamese fruit and vegetables to enter more stringent markets such as the US, Australia, and the EU by focusing on high-quality fruit, accurate origin certificates, and food safety standards, according to insiders.
Five amended laws to untie investment knots

Five amended laws to untie investment knots

VCN - According to Tran Quoc Phuong, Deputy Minister of Planning and Investment, numerous provisions within the draft Law on Public Investment (amended) and the Law amending and supplementing a number of articles of the Law on Planning, the Law on Investment, the Law on Public-Private Partnership Investment, and the Law on Bidding, will effectively remove practical obstacles and unleash resources for growth upon enactment.
Ho Chi Minh City: Determined to become the leading logistics center in the region

Ho Chi Minh City: Determined to become the leading logistics center in the region

VCN - Promoting the potential of the largest city in the country, Ho Chi Minh City has a plan to develop the logistics industry, aiming to improve the capacity of seaports and become the leading logistics center in the region.
Vietnam's rice export turnover up 23.5% in nine months

Vietnam's rice export turnover up 23.5% in nine months

Vietnam exported over 7 million tonnes of rice worth 4.37 billion USD in the first three quarters of 2024, up 9.2% in volume and 23.5% in value compared to the same period last year, the Ministry of Agriculture and Rural Development (MARD) has reported.
Responding to trade competition, businesses are forced to innovate technology

Responding to trade competition, businesses are forced to innovate technology

VCN - According to the Global Innovation Index (GII) 2024 Report published by the World Intellectual Property Organization (WIPO) a few days ago, Vietnam ranked 44th out of 133 countries, up from 46th in 2023 - continuing to improve its position since 2013.
Read More

Your care

Latest Most read
Ho Chi Minh City partners with nine provinces to boost import and export activities

Ho Chi Minh City partners with nine provinces to boost import and export activities

VCN - Specific cooperation programs, from promoting local products in HCMC to projects on human resource training and digital transformation, have yielded practical outcomes. Nearly 10 regional coordination activities have been implemented with the partic
Vietnam

Vietnam's second rice brand enters picky Japanese market

Japonica - AAN has become the second Vietnamese rice brand to have entered Japan, with a ceremony held on October 9 to debut the produce.
Enterprises need to be ready to respond to trade defense

Enterprises need to be ready to respond to trade defense

VCN - According to the Department of Trade Defense, through the process of protecting the rights of Vietnamese manufacturing and exporting enterprises in each trade defense case, the outcome of the appeal depends largely on the quality of coordination bet
Foreign investors interested in green development, semiconductor industry in Vietnam

Foreign investors interested in green development, semiconductor industry in Vietnam

Green, clean development and semiconductor chip production are among the sectors in Vietnam that foreign investors are interested in, according to VinaCapital CEO and Founding Partner Don Lam.
Vietnam’s stainless steel exports under dual investigation

Vietnam’s stainless steel exports under dual investigation

The US Department of Commerce (DOC) has initiated an anti-dumping and countervailing duty investigation into corrosion-resistant steel (CORE) imported from Vietnam, alongside nine other countries and territories.
Mobile Version