Spanish press informed about Vietnam’s tra fish products
Accurate and detailed information about the production and trade of Vietnam’s tra fish was provided to the Spanish press at a press conference held in the Vietnamese Embassy in Spain on May 25.
Madrid (VNA) – Accurate and detailedinformation about the production and trade of Vietnam’s tra fish was providedto the Spanish press at a press conference held in the Vietnamese Embassy inSpain on May 25.
Chairing the event, Deputy Minister of Industry andTrade Cao Quoc Hung noted that recently, some media reports in Europe painted adistorted picture about Vietnam’s tra fish, thus affecting the product’sprestige and consumers’ trust.
The Deputy Minister stressed that in order to exporttra fish to the EU, Vietnamese producers and exporters have to pass multipleinspections of the union. The list of eligible exporters is reviewed by the EUevery year, and every batch of Vietnamese tra fish exported to the EU has toundergo inspections of EU-approved centres.
He told the conference that Vietnam’s tra fish areshipped to over 160 countries and territories worldwide with export turnoverreaching about 1.66 billion USD a year.
He affirmed that Tra fish breeding has become one ofthe means for Vietnamese farmers to escape from poverty and ease adverseimpacts of globalisation.
At the press conference, representatives from the VietnamAssociation of Seafood Producers and Exporters (VASEP) and Vietnamese tra fishexporters also presented detailed information on the situation of Vietnam’s trafish sector.
In January this year, Spanish commercial televisionchannel Cuatro broadcast a report with incorrect and defamatory information ontra fish breeingd in the Mekong River.
As a result, Carrefour Group stoppedselling Vietnamese tra fish at its supermarkets and stores in Spain, Belgium andFrance. A number of schools in Spain also refused to buy Vietnamese tra fish.
Spain is an important market inEurope for Vietnam. The two countries have recorded increasing trade,with two-way trade hitting 2.9 billion USD in 2016 and 835 million USD in thefirst four months of this year. They aim to bring bilateral trade turnover to 5billion EUR by 2020.
Vietnam mainly exports aquatic products,coffee, textiles, rice and footwear to Spain, while importing chemicals,machines, pharmaceuticals, milk, electronics and spare parts.-VNA
Vietnam earned an estimated 604 million USD from the export of aquatic products in April, bringing the total figure of the year’s first four months to about 2.1 billion USD.
Vietnam’s fishery output in the first four months of this year exceeded 1 million tonnes, up 5.7 percent year-on-year thanks to favourable weather, according to the Ministry of Agriculture and Rural Development (MARD).
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
Illustrative photo (Photo: VNA) 
