Seafood exports face barriers
Deputy Minister of Agriculture and Rural Development Tran Thanh Nam, speaking at the 20th anniversary celebration of the Vietnam Association of Seafood Exporters and Producers (VASEP) in HCM City on June 12, praised its efforts in the last two decades to apprise seafood producers about the market situation, advocate favourable policies for them and help exporters overcome technical barriers in major markets like the US and EU.
Since exporters will continue to face tougher challenges, especially in the US, he called on VASEP to work together with related associations and ministries to overcome them.
Last March, the US Department of Commerce (DOC) announced preliminary findings related to anti-dumping duties on Vietnamese shrimp, including a tariff of 25.39%, which is considered too high compared to past impositions.
Besides, Vietnamese shrimp products imported into the US will have to comply with newer and stricter regulations under the US’ Seafood Import Monitoring Programme (SIMP) for shrimp and abalone set to be implemented from the beginning of next year.
According to VASEP Chairman Ngo Van Ich, this year seafood exports are likely to be affected by the US, the EU’s yellow card for Vietnam due to illegal, unreported and unregulated fishing and anti-dumping tax.
He said his organisation would continue to support seafood exporters and producers with market research, brand building and promotional activities to boost exports.
VASEP’s assistance would also include helping seafood firms gain access to new technology and production techniques to improve product quality, he said.
Despite many challenges, Vietnam's seafood exports hit a record US$8.3 billion last year, a year-on-year increase of 18%.
VASEP is a non-governmental organisation established in 1998 to link seafood producers and exporters to improve value, quality and competivitive capacity and improve raw material sources for exporters.
Its members account for more than 80% of the country’s seafood exports by value.
Related News
Vietnam has a trade deficit of over US$17 billion with China
15:34 | 24/04/2024 Import-Export
Latest News
Enterprises want clearer regulations on seafood production
14:05 | 26/04/2024 Import-Export
Vietnam ranks fifth among aquatic product suppliers for Singapore
13:53 | 26/04/2024 Import-Export
Forum seeks to increase PPP investment effectiveness
13:48 | 25/04/2024 Import-Export
Linking businesses with cooperatives to increase the value chain
09:42 | 25/04/2024 Import-Export
More News
Tra fish export to UAE jumps 67% in Q1
13:46 | 24/04/2024 Import-Export
Pepper prices continue increase trend
13:44 | 24/04/2024 Import-Export
More efforts needed to maintain export growth to China: Insiders
13:55 | 23/04/2024 Import-Export
It is expected that there are higher orders and revenue in the second quarter from European businesses
09:31 | 23/04/2024 Import-Export
Vietnamese rice prices on the hike
15:08 | 22/04/2024 Import-Export
FDI flow into garment and textile sector bounces back
15:06 | 22/04/2024 Import-Export
Investors play a key role in developing the industrial park system
10:38 | 22/04/2024 Headlines
Find ways to a corporation for businesses in industrial parks
10:38 | 22/04/2024 Import-Export
Export turnover of two agricultural product groups grows three-digit
18:10 | 21/04/2024 Import-Export
Your care
Enterprises want clearer regulations on seafood production
14:05 | 26/04/2024 Import-Export
Vietnam ranks fifth among aquatic product suppliers for Singapore
13:53 | 26/04/2024 Import-Export
Forum seeks to increase PPP investment effectiveness
13:48 | 25/04/2024 Import-Export
Linking businesses with cooperatives to increase the value chain
09:42 | 25/04/2024 Import-Export
Vietnam has a trade deficit of over US$17 billion with China
15:34 | 24/04/2024 Import-Export