Bright outlook for aquatic product exports in 2021 With rosy signs in the second half of last year, Vietnam s fishery sector is expected to post positive growth this year.
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietnam exported 8.4 billion USD worth of aquatic products last year, a slight increase from 2019, of which aquaculture products made up 54 percent.
In January, the total export value was estimated at 600 million USD, a year-on-year rise of 19.6 percent thanks to the sector’s great efforts to boost exports.
Shrimp has maintained its significant role in the country’s aquatic product exports, with revenue forecast to reach 4.4 billion USD in 2021, up 15 percent from the previous year.
He held that the political stability has paved the way for Vietnam’s
economic development.
Meanwhile, Natalya Ivanova, an expert from AV Group,
underlined the significance of international business environment in the
integration process of each country.
She asserted that the EAEU is creating a new motivation,
especially for the strengthening of cooperation among member countries as well
as with partners, including Vietnam.
According to Chairman of the Council of Experts of the
Eurasian Research Fund Grigory
Trofimchuk, Vietnam, a dynamic developing country and a member of many
integration mechanisms and international organisations, is working hard to
speed up
Vietnam is the first partner to sign a free trade agreement
Proccesing frozen shrimps for export - Illustrative image (Photo: VNA)
Hanoi (VNA) – The
anti-dumping tariffs on frozen
shrimp products of the
Minh Phu Seafood Joint Stock Company exported to
the US is objective and fair, said the Vietnamese Ministry of Industry and Trade (MoIT).
According to the ministry, the US
Customs and Border Protection (
CBP) on February 11 issued a
decision, saying that there was no evidence to conclude that the Minh Phu company evades
anti-dumping taxes that the US has imposed on shrimp
imports from India.
The CBP then cancelled
the decision it issued on October 13, 2020 on the imposition of anti-dumping
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At a plant of Minh Phu Seafood JSC (Photo: VNA)
HCM City (VNA) - The
Minh Phu Seafood Joint Stock Company announced on February
17 that US Customs and Border Protection (CBP) has cancelled a decision issued on
October 13, 2020 on the imposition of anti-dumping tariffs on the company’s
Its CEO Le Van Quang said the latest CBP decision
allows Minh Phu to continue exporting frozen shrimp to the US without being subject to an
anti-dumping duty imposed on shrimp
from India or any other anti-dumping duties.
Minh Phu has also been refunded anti-dumping duties it temporarily paid under
the October 13 decision, Quang added.