Last year, Vietnam’s tuna exports exceeded 719 million USD, an increase of 10.2 percent from 2018, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Tuna exports expand 10 percent in 2019. (Photo: VNA)
Hanoi (VNA) – Last year, Vietnam’s tuna exports exceeded 719 million USD,an increase of 10.2 percent from 2018, according to the Vietnam Association ofSeafood Exporters and Producers (VASEP).
Exports sawstrong growth at the beginning of the year but slowed towards the year-end.
Tuna exportsto the European Union accounted for roughly 140 million USD, down11.8 percent year-on-year as a consequence of the EU’s “yellow card” warningissued in October 2017 after the country failed to demonstratesufficient progress in fighting illegal, unreported and unregulated (IUU)fishing.
From the second largest importer of Vietnam’s aquaticproducts, the EU fell to fifth, behind the US, Japan, the Republic of Korea,and China.
Vietnam has forecast 15-percent growth in tunashipments in 2020 but inthe first months of the year, only slightincreases are likely becauseof the relatively highinventories held by key foreign markets./.
Vietnam’s seafood export value reached 3.2 billion USD last year, a 8-percent increase from a year earlier, the highest rate ever, according to the Vietnam Association of Seafood Exporters and Producers.
Vietnam has targeted to earn 9 billion USD from fishery exports in 2020, a year-on-year increase of 7 percent, according to the Directorate of Fisheries.
Tens of ocean tuna boats on February 4 moored in the Hon Ro Port in Nha Trang city, the central province of Khanh Hoa, after a month-long voyage that lasted throughout the Lunar New Year (Tet) holiday.
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.
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Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
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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.
Tuna exports expand 10 percent in 2019. (Photo: VNA)
