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
Regulating goods across Huu Nghi International Border Gate during peak times
19:37 | 02/11/2024 Customs
Opportunities for accelerating Vietnam's seafood exports
09:27 | 31/10/2024 Import-Export
Khanh Hoa Customs reaches revenue target 1 quarter early
09:29 | 31/10/2024 Customs
Latest News
Import and export are expected to reach 800 billion USD
13:32 | 04/11/2024 Import-Export
Fresh coconuts quenching new overseas markets
13:29 | 04/11/2024 Import-Export
Rice exports likely to set new record in 2024
13:25 | 04/11/2024 Import-Export
Vietnamese goods conquer halal market through trust and quality
09:57 | 04/11/2024 Import-Export
More News
Exporters urged to have strategies to take advantage of UKVFTA for expansion
17:33 | 03/11/2024 Import-Export
Fresh coconuts quenching new overseas markets
17:29 | 03/11/2024 Import-Export
Vietnam and UAE trade sees billion-dollar growth
07:15 | 03/11/2024 Import-Export
Sharing responsibility for ensuring security and safety of the supply chain
07:13 | 03/11/2024 Import-Export
Many factors affecting tuna exports in the last months of the year
19:38 | 02/11/2024 Import-Export
Vietnam still dominates Philippine rice import
19:36 | 02/11/2024 Import-Export
Vietnam cements ties with partners to engage in global semiconductor, AI industries
19:35 | 02/11/2024 Import-Export
Aquatic exports expected to rise in year-end despite challenges
19:33 | 02/11/2024 Import-Export
Trade Defense: The Key to Success for Vietnamese Businesses
10:39 | 02/11/2024 Import-Export
Your care
Import and export are expected to reach 800 billion USD
13:32 | 04/11/2024 Import-Export
Fresh coconuts quenching new overseas markets
13:29 | 04/11/2024 Import-Export
Rice exports likely to set new record in 2024
13:25 | 04/11/2024 Import-Export
Vietnamese goods conquer halal market through trust and quality
09:57 | 04/11/2024 Import-Export
Exporters urged to have strategies to take advantage of UKVFTA for expansion
17:33 | 03/11/2024 Import-Export