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VietFish 2014 - local businesses met global needs Print E-mail
Thursday, 07 August 2014 07:37

VIETRADE - The 2014 Vietnam International Fisheries Exhibition and Trade Fair (VietFish) opened in Ho Chi Minh City on August 6, covering nearly 10,000sq.m. of the Saigon Exhibition & Convention Centre (SECC), featuring 302 display stands of 173 Vietnamese fisheries businesses as well as those from Japan, the US, Thailand, Singapore, Indonesia and European countries, who are Vietnam’s leading trade partners in fisheries. The Vietnam Association of Seafood Exporters and Producers (VASEP) has held the exhibition, which is the largest exhibition of Vietnam’s fisheries industry, annually since its debut on 1998.

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Opening the fair, VASEP Chairman Tran Thien Hai said, “Over the past 16 years, Vietfish has affirmed its major role in promoting Vietnamese high-quality aquatic products globally. Despite the fact that the export markets and local material production have been in difficulties until now, Vietfish continues to be a good choice for domestic and foreign seafood businesses to promote their brand and products. In addition, the mass participation of companies, which provides the fisheries with equipment and materials as well as reputable organizations offering such services as consulting, certification and communications, will create a diverse and dynamic event".

 

Notably, a visually stunning, large pavilion was built to display domestic products of 26 VASEP business members. It was aimed at placing the higher priority on promoting fisheries products in the potential domestic market besides the export-oriented goals. Local enterprises could offer their high-grade fisheries products to the local customers. This year event also reported the domination of service enterprises, which accounted for 65% exhibitors. Those were involved in aquaculture technology consulting, processing, logistics, frozen and cold storage. Major importers and buyers of Vietnamese seafood from the European Union, Japan, the US, Thailand, Singapore, and Indonesia sent representatives to the exhibition. Through such activities during the fair as exhibiting, marketing, business matching, the participating companies could assess market trends, update the latest processing seafood technology in the world, as well as identify consumer’s tastes to turn out their marketable products range in the future.

 

Addressing the event, Deputy Minister of Industry and Trade Tran Tuan Anh also asserted that Vietfish has become an indispensable promotion activity for Vietnamese seafood industry since its inception and has been more and more professional to meet growing demands of the business community. Ministry of Industry and Trade always supports and appreciates this activity. "I think this is a cost-effective way to build brand and corporate reputation and the perfect opportunity to help global partners gain better understanding of Vietnam's fisheries industry, which is on the path of perfection towards sustainable development " he said.

 

Within the framework of the exhibition, meetings, conferences and workshops were held with the participation of many international experts from the VASEP, Global GAP, Global Aquaculture Alliance (GAA), and World Wide Fund for Nature (WWF). “Vietfish was a great experience for GAA, giving us the opportunity to renew old ties with groups like VASEP while forging new relationships with groups like the Vietnamese Pangasius Association (VPA). We were touched by the generosity and hospitality provided, and viewed this as a great business opportunity,” said Peter Redmond, Vice President of market development for GAA’s Best Aquaculture Practices (BAP) division. “Vietfish also was a great opportunity to familiarize ourselves with both the supply chain of the aquaculture industry and get to know the vibrant city of Ho Chi Minh City”. After the fair, numbers of site visits to farming area and processing facilities in the region were hosted by Vietnamese enterprises to help their partners have a closer look and deeper understand of their facility and capacity. The visitors included European importers, retailers together with representatives for local and international media and ASC certificates.

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At welcome reception, three Vietnamese companies were awarded for their commitment to the BAP third-party certification program. Minh Phu Seafood Group, Stapimex Group and Utxi Aquatic Products Processing Group were recognized with GAA’s “Commitment to Excellence” award for their dedication to responsible aquaculture and the BAP program. All three companies are among the six companies qualified to offer four-star BAP shrimp, denoting that the companies’ shrimp processing plants, farms, hatcheries and feed mills are BAP certified.

 

The three-day event created a connection among domestic and foreign companies in the fields of seafood and fisheries production, processing and export, providing them with an ideal opportunity to exchange information and strengthen cooperation, and most notably to enrich the brand profile of Vietnamese fisheries in the world market.

 

In recent years, Vietnamese fisheries have been unfavorably influenced by both the economic downturn in most seafood import markets and domestic challenges. However, the country's seafood export has been thriving, courtesy of the efforts of VASEP, trading companies as well as the concrete guidance from the Government and relevant bodies. These endeavors have been made to creatively promote exports, to expand markets, and to create more business opportunities. The fishery industry has obviously made a positive contribute to the stability and development of the national economy. Vietnam’s seafood export revenue in the first six months of 2014 reached US$3.6 billion, up 24.7% compared with the same period in 2013. It is estimated that the exports in the first seven months of this year will valued at US$4.2 billion, an increase of 25.5% over the same period last year.



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