Eu market

This figure represents an increase of 57.3% in comparison to the same period from last year, making up approximately 33.05% of the overall market share. Elsewhere, China ranked second with export turnover reaching US$1.88 billion, an annual increase of 57.9%. Farm produce exports to the ASEAN market also witnessed an increase of 25.2% to US$606 million, accounting for 9.82% of the total, while exports to the EU suffered a decline of 3.1% to US$594 million. A MARD representative revealed that the total import-export turnover of agro-forestry-fishery products throughout the reviewed period stood at an estimated US$11 billion, resulting in a trade surplus of roughly US$1.37 million, an increase of 28.4% compared to the same period from last year. Strong export growth has been recorded in rubber, tea, cashew nuts, vegetables, and forest products, while coffee, rice, pepper, shrimp, and tra fish (pangasius) exports endured a downward trajectory. …

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Vinh Long province plans to promote shipment of high-quality rice. (Photo: VNA) Vinh Long (VNA) - The Mekong Delta province of Vinh Long is striving to boost sustainable export growth during 2021-2025. The province has set the target to reel in 870 million USD from exports by 2025, with key export markets including ASEAN, Japan, China, China’s Taiwan, Russia, East European countries, Africa, the EU and the US. According to Director of the provincial Department of Industry and Trade Nguyen Trung Kien, seeing rice as a key export, Vinh Long plans to ship average 100,000-200,000 tonnes of high-quality rice per year abroad until 2025, and work to increase price of local rice while diversifying rice products to branch out markets. Holding a huge advantage of tra and basa fish farming, the province eyes to sell some 20,000 tonnnes of frozen tra fish to foreign markets by 2025. Kien said Vinh Long is making efforts to gain 35-40 million USD from exports of grape fruits, canned fruits, dried fruits, and vegetables by 2025, adding areas were zoned off for cultivation of vegetables and orchards such as grape fruit, orange, tangerine, longan, and mango, among others. Additionally, the locality targets 530-600 million USD in export revenue of leather footwear and garment-textile, and 60 million USD in export revenue of handicraft products by 2025. In a bid to realise the set goals, an array of measures were outlined, Kien said, stressing due attention will be paid to developing agricultural processing industry and finished goods to better the products’ value and their competitive edge in the market. Kien said along with support policies for local production, the province will improve technical services to promote mechanisation of agriculture, particularly post-harvest processing and preservation. Investment promotion will be given priority so as to attract investment in supporting industries for footwear, garment-textile, electronics and …

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Illustrative image (Photo: VNA) HCM City (VNA) - The Ministry of Agriculture and Rural Development (MARD) has urged localities to adopt drastic measures to fight irregular, unreported and unregulated (IUU) fishing. All Vietnamese fishermen, businesses, and local authorities must consider this an important and urgent task to affirm the prestige of Vietnam’s fisheries sector in the world and among countries it shares territorial waters with, and be resolved to meet the standards set by the European Commission (EC). Since the EC gave a “yellow card” warning to Vietnam’s fisheries and seafood in the European market in October 2017, the entire sector has suffered marked losses. Tran Dinh Luan, head of the ministry’s Directorate of Fisheries, said it is necessary to prevent, deter, and eliminate IUU fishing in order to remove the “yellow card” warning, develop fisheries responsibly, and integrate into the world. This is also the guideline of the Party and State, as reflected through the Law on Fisheries. Since the imposition of the EC warning, Vietnam’s fishery export value to Europe has fallen by between 6 and 10 percent annually. From being the second-largest importer of Vietnam’s seafood, with value representing 17-20 percent of Vietnam’s total export revenue, the EU now ranks fifth, after Japan, the US, the Republic of Korea (RoK), and ASEAN. The Government and the National Steering Committee on IUU Fishing Prevention have issued a range of documents instructing ministries, agencies, and People’s Committees in 28 coastal cities and provinces to drastically take preventive measures. The MARD has conducted regular inspections in localities. The EC has highly valued Vietnam’s political determination to implement its recommendations in this regard. Vietnam has openly and transparently announced the results of inspections of seafood exports to the EU and has completed a legal framework that serves as a foundation to materialise relevant …

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