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HAI TRIEU FOOD CO.,LTD

October 28, 2020

How Vietnamese Seafood Enterprises are Coping with COVID-19 Challenges

The COVID-19 pandemic has significantly impacted the seafood industry, causing a decrease in export value, delayed payments from customers, and high-interest rates on loans. Domestic seafood enterprises in Vietnam have proposed various financial solutions to help them overcome these difficulties in production and business, according to the Vietnam Association of Fisheries (VASEP). Impact of COVID-19 …

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Exploiting the Domestic Market: A Solution for Tuna Exporters During the Pandemic

The COVID-19 pandemic has caused a difficult economic context for many industries around the world, including the tuna industry in Việt Nam. To overcome this challenging time, the Việt Nam Association of Seafood Exporters and Producers (VASEP) has suggested that tuna processors and exporters explore the domestic market. Challenges for Tuna Exporters In case Việt …

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Vietnam’s Tra Fish Industry Urged to Improve Quality to Compete with China

The Vietnam Association of Seafood Exporters and Producers (VASEP) has urged the country’s tra fish (pangasius) industry to focus on improving its quality to compete with not only traditional rivals, but also its biggest importer – China. Vietnam’s tra fish sector faces strong competition from countries like India, Indonesia, and Bangladesh, each representing 15-20% of …

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Vietnamese Tra Fish Exports to be Inspected by US Agency

The US Food and Safety Inspection Service (FSIS) will inspect Vietnamese tra fish imports in early March, according to the Ministry of Agriculture and Rural Development (MARD). The Vietnamese government welcomes the FSIS’s involvement as it ensures that the tra fish from Vietnam meets the strictest safety and quality standards. The approval of the US …

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Việt Nam’s Seafood Exports Forecast to Decrease Due to Pandemic

Introduction Việt Nam’s seafood exports have been severely impacted by the pandemic, resulting in reduced exports in the coming months. The Việt Nam Association Seafood Exporters and Producers (VASEP) has stated that the seafood processing and exporting industries will continue to face challenges relating to export orders, transportation, and payments. This article will explore the …

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US cuts anti-dumping taxes on Vietnamese catfish products

The US Department of Commerce (DOC) has announced a reduction in anti-dumping duties on tra fish (pangasius) products from Vietnam. The Trade Remedies Authorities of Vietnam under the Ministry of Trade and Industry confirmed that the final anti-dumping taxes on Vietnamese products have been set at US$0.15 per kilogramme, lower than the final results for …

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The Fisheries Sector in Vietnam: Goals and Challenges for 2020

Vietnam’s fisheries sector has been an important contributor to the country’s economy, with a total output of 8.15 million tonnes in 2019, and an estimated export turnover of $8.6 billion. Despite the current challenges, the sector aims to continue its sustainable growth in 2020. Certification for Aquaculture Products The Director of the Directorate of Fisheries, …

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Seafood Exports to Europe Up 10% Since EVFTA – Positive Signs for Vietnam

The Vietnam Association of Seafood Exporters and Producers (VASEP) reports that the implementation of the EU-Vietnam Free Trade Agreement (EVFTA) at the beginning of August has resulted in a positive impact on seafood exports to Europe. According to VASEP, the number of orders for shrimp and squid in the European market since the beginning of …

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Seafood Exporters Struggle to Stay Afloat Amid COVID-19 Pandemic

The COVID-19 pandemic has had a significant impact on seafood companies in Vietnam, according to a survey by the Vietnam Association of Seafood Exporters and Producers (VASEP). The seafood companies are experiencing declines in orders of 35-50%, mostly due to cancellations, delays, or shortages of raw materials since the beginning of March. COVID-19 Impact on …

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