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Vietnam Industry News
Vietnam shrimp exports expected to reach USD3.1b PDF Print
Thursday, 15 December 2016 21:58

VIETRADE - Vietnam's shrimp exports in the first nine months of 2016 is valued at USD 2.2 billion, up 5.6 % compared to the same period last year, according to the Vietnam Association of Seafood Exporters and Producers (Vasep). Despite prolonged drought and saltwater intrusion, the shrimp industry has managed to stay afloat. According to Nguyen Xuan Cuong, Minister of Agriculture and Rural Development around 680,000 hectares (1.68 million acres) of land has been used to farm shrimp this year, down 1.4 percent against 2015, but total output could hit 680,000 tons, up 14 percent on-year. Even though the country lacks shrimp supplies in the remaining months of this year due to the impacts of saltwater intrusion, making VASEP to lower the export forecast by 300 million USD, Vietnam shrimp exports by the end of 2016 is still expected to reach USD 3.1 billion, up 3.3% year on year, raising the total seafood export value to more than $7 billion.

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Vietnam needs to improve cashew’s quality to expand market share PDF Print
Thursday, 15 December 2016 21:51

VIETRADE – Vietnam, the world’s largest cashew nut exporter, could gain a bigger market share by improving product’s quality thanks to rising global demand for cashew, trade experts have said.

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Vietnam’s tilapia exports estimated to reach USD45m PDF Print
Thursday, 15 December 2016 13:02

VIETRADE - The Vietnam Association of Seafood Exporters and Producers (VASEP) estimates that the country’s tilapia exports will reap a revenue of USD 45 million this year, 32% higher than the previous year.

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Vietnam to supervise shrimp production chain for export PDF Print
Wednesday, 14 December 2016 21:56

VIETRADE - In the first half of this year, shrimp output reached 191,000 tones. The Vietnam Seafood Exporters and Processors early this month forecast that Vietnamese shrimp exports would top US$3 billion this year, after achieving $1.4 billion in the year’s first half (VNS). The Minister of Agriculture and Rural Development Nguyễn Xuân Cường said that it was necessary to identify shrimp as a national strategic export product to boost farming, enhance quality and build a globally-recognized Vietnamese shrimp brand (VNS). At a recent conference which gathered shrimp producers and processors from 28 coastal provinces and cities, Cường said that Vietnam had a large potential for shrimp production. However, scattered farming, shortage of quality raw materials together with the lack of a comprehensive development strategy and value chain were blocking its potential, Cường said. In addition, boosting shrimp farming turns out to be a good choice for Vietnam’s agricultural production as it could turn the salt intrusion in the Cuu Long (Mekong) River Delta into an opportunity. He urged local authorities to enhance management towards all shrimp farming stages, from breeding to disease prevention, while shrimp farmers apply new farming techniques and technologies to improve shrimp quality.

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Vietnam aims to become global seafood processing center PDF Print
Monday, 12 December 2016 12:45

VIETRADE - Vietnam’s fishing and aquatic processing sector has posted an annual average growth of about 15% in recent years, significantly contributing to the national gross domestic product (GDP) and export, said Vice Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vo Tan Thanh.  After a long time failed to match its potential due to low-capacity vessels and out-of-date equipment, Vietnam’s seafood processing sector is likely to become a global seafood processing center in the future thanks to its competitive labor cost and increasing number of high-quality processing facilities, reported a local daily quoting General Secretary of the Vietnam Association of Seafood Exporters and Producers (VASEP) Truong Dinh Hoe. According to a VASEP source, Vietnam is currently one of the biggest seafood processing countries – for Pangasius, the country is No. 1, while for shrimp exports Vietnam is ranked No 5; for tuna exports Vietnam is also in the Top Ten. Vietnam is about to hit 4.5% increase in fisheries exports in 2016 after sales to overseas markets fell by US$1.2 billion in 2015. There have been administrative reforms and restructuring of the seafood sector in favor of advanced technology transfer and application, as well as encouraging foreign investment in Vietnam.

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Australia progresses market access for Vietnamese dragon fruit PDF Print
Tuesday, 06 December 2016 12:21

VIETRADE - Dragon fruit is grown in Queensland, the Northern Territory, and parts of Western Australia and New South Wales. Most of the farms are small scale and supply to the local market only. Producers in the Northern Territory (the major production area) also supply fruit to interstate markets. Australia does not currently import fresh dragon fruit for human consumption. However, Australia already has established conditions for the importation of seed (for sowing) and nursery stock of some varieties of dragon fruit into Australia.

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Vietnam to export processed chicken to Japan for the first time PDF Print
Friday, 02 December 2016 12:32

VIETRADE - Japan is the leading broiler meat importer though the provisional figure for the annual total in 2016 was little changed from the quantity purchased back in 2015, and is at a similar level to that anticipated for the next decade. Particularly, 2016 Outlook Post projects Japan’s record high 2015 broiler meat consumption (2.245 million MT) to hold steady at around 2.44 million MT in 2016 (Global Agriculture Information Network).

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Ago-forestry-fishery exports fetch US$2.69 billion so far PDF Print
Wednesday, 30 November 2016 12:29

VIETRADE – The country’s agro-forestry-fishery exports reached an estimated US$2.69 billion in November, lifting total figure in the 11 months of this year to US$29.1 billion, a year-on-year increase of 6%, statistic from the Ministry of Agriculture and Rural Development revealed.

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