link ae888

Vietnamese fish sauce industry seeks ways to expand abroad

The Vietnamese fish sauce industry needs to improve food hygiene and safety and diversify products to expand exports.
Vietnamese fish sauce industry seeks ways to expand abroad ảnh 1There is significant room for Vietnam to promote the export of fish sauce. (File Photo)
Hanoi (VNS/VNA) - The Vietnamese fish sauce industry needsto improve food hygiene and safety and diversify products to expand exports.

According to Deputy Minister of Agriculture and Rural Development Phung DucTien, just a modest amount of fish sauce was exported, around 12.6% of thecountry’s total output per year, mainly to the Asian market (54%), theAustralian market (18%) and African and European markets (13% each), last year.

There are 17 production establishments currently exporting fish sauce.

Tien said there was significant room for Vietnam to promote the export of fishsauce, given the country’s favourable natural condition and a wealth ofexperience in production.

According to the AgroProcessing and Market Development Authority, there are more than 4,200 fishsauce production establishments across the country, with an average output ofaround 380 million litres.

The export of fish sauce would not only open the door to advertising Vietnameseculture and cuisine to the international market but also bring benefits tothe country, Deputy Director of the Agro Processing and Market Development Le ThanhHoa, said

In recent years, the fish sauce industry enhanced the application of scienceand technology in production to improve food hygiene and safety and meet therequirements of international markets, he said. With a modest share, there wasa large potential to promote exports.

Hoa pointed out that the biggest barrier to export expansion was food hygieneand safety, stressing that focus must be placed on meeting the safetyrequirements of export markets together with strengthening market research ontastes and diversifying fish sauce types with full origin traceability records.

In addition, it was necessary to build a national brand for Vietnamese fishsauce, he said.

To improve fish sauce quality, Hoa said that fleets of specialised fishingboats should be developed to ensure the quality of fish for sauce processing.

According to Luu Duan from the Vietnam Cuisine Culture Association, thecooperation between the Government agencies and producers promotes thedevelopment of the fish sauce industry.

Producers needed support to change the technologies and apply the qualitymanagement systems such as hazard analysis and risk-based preventive controls,hazard analysis and critical control points and ISO 22000 to meet therequirements of the US, Australian and European markets.

According to Tien, the fish sauce industry needs to ensure the source ofraw materials in both quantity and quality to develop sustainably.

To achieve this, production infrastructure and facilities must be upgraded withthe application of quality control systems, Tien said.

He said more attention should be paid to packaging, labelling and environmentalprotection.

Inspection to prevent the abuse of chemicals and additives in fish sauceproduction must be enhanced.

An important measure was also to restore and promote long-standing traditionalvillages for fish sauce processing and build geographical indications andbrands for fish sauce products, Tien said, adding that policies must beraised to ensure sustainable seafood exploitation and develop a sustainablevalue chain for the industry.

Vietnam earned 28.53 million USD from exporting fish sauce in 2021./.
VNA

See more

A motorbike production line of Honda Vietnam — a Japanese company located in Phu Tho province. (Photo: VNA)

𒅌 Phu Tho emerges as FDI magnet following mergence

In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Infraction levels will correspond to fines of 1-80 million VND, depending on the nature and number of invoicing violations. (Photo: vietnamfinance.vn)

🐎 Maximum fine of 3,000 USD proposed for violating invoice regulations

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.
At the strategic partnership signing ceremony between Sun PhuQuoc Airways and Amadeus. (Photo: Sun Group)

ꦚ Sun PhuQuoc Airways enters strategic partnership with Amadeus to build a five-star aviation technology ecosystem

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.
A local resident makes a bank transfer using the Momo app. (Photo: VNA)

ಞ Banks accelerate digitalisation, non-cash payments

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.
{dagathomo tructiep hôm nay}|{link ae888 city 165}|{dá gà thomo}|{trực tiếp đá gà thomo hom nay}|{sbobet asian handicap}|