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Shrimp exports unscathed by global pandemic

Shrimp exports unscathed by global pandemic

Robust Growth in Shrimp Exports Despite the challenges posed by the Covid-19 pandemic, Vietnam’s shrimp exports demonstrated resilience in the first half of the year, experiencing a 5.7 percent year-on-year increase to reach $1.5 billion. This positive growth is a testament to the adaptability and competitiveness of Vietnam’s shrimp industry. Strong Performance in Key Markets

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Briefing of seafood market in the first six months of 2020

Briefing of seafood market in the first six months of 2020

Decline in Pangasius Prices Amidst COVID-19 Challenges The prices of pangasius, a key seafood product in Vietnam, have experienced a significant decline since early 2020, primarily due to the spread of COVID-19. The prices of pangasius material in the Mekong Delta have fallen by 40% compared to the previous year. Size 700-800g/pc is now ranging

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Young’s Seafood Chief Executive calls for seafood industry to champion best practice

Young’s Seafood CEO Urges Industry Best Practices Advocacy

Pete Ward’s Speech at the World Seafood Congress Pete Ward, Chief Executive of Young’s Seafood Limited, delivered a speech at the prestigious World Seafood Congress, urging the industry to uphold best practices in sustainability, manufacturing, innovation, and quality. The event serves as a platform for global seafood processors, importers, academia, public and private organizations, fish

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Hi tech appliance in pangasius farming to overcome difficulties 1

Tech Boosts Pangasius Farming Amid Challenges

Challenges and Declining Prices in the Pangasius Sector An Giang, one of the largest pangasius producers in the Mekong Delta, is facing significant challenges in the sector. The prices of pangasius have been declining since late 2019, causing severe losses for farmers. Commercial pangasius of sizes 0.8-1kg are currently priced between 18,200 and 18,500 dong/kg,

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Seafood export value estimated to reach 2.81 billion in five months

Seafood Exports Estimated at $2.81B in Five Months

Export Recovery Signals The shrimp exports of Cà Mau province are showing signs of recovery, as prices for shrimp materials have started to inch up and stabilize. This positive trend in the shrimp market is bringing hope and optimism to both farmers and companies in the region. According to the Cà Mau provincial Industry and

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EU will remove tariffs on Vietnamese tuna in this August

EU will remove tariffs on Vietnamese tuna in this August

Tariff Elimination under EVFTA The European Union (EU) is set to remove tariffs on fresh and frozen Vietnamese tuna products once the European-Vietnam Free Trade Agreement (EVFTA) takes effect, which is expected to occur possibly in August. Under the agreement, 11,500 tonnes of canned tuna and 500 tonnes of canned fish balls will be exempted

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Bình Thuận: Low consumption of commercial shrimp

Bình Thuận: Low Consumption of Commercial Shrimp

Stabilized Aquaculture with Challenging Market Conditions Bình Thuận’s aquaculture industry has achieved stability earlier this year, as reported by the Department of Agriculture and Rural Development. However, the COVID-19 pandemic has resulted in a significant decline in the consumption of commercial shrimp. This, coupled with falling prices, has led farmers to reduce their farming capacity

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top 10 seafood

Top 10 seafood sellers to Vietnam in the first five months

Decline in Vietnam’s Seafood Imports Vietnam’s seafood imports experienced a decline in the first five months of this year, reaching a total value of $699 million, which represents a decrease of nearly 4.2% compared to the previous year. The General Department of Vietnam Customs reported that in May alone, seafood imports amounted to $142.7 million,

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Top 10 seafood sellers to Vietnam in the first five months

NEW FISHERIES IMPROVEMENT PROJECT IN THE GULF OF THAILAND

Establishing a Fishery Improvement Project In response to concerns raised by non-governmental organizations (NGOs) regarding the sustainability of the Thai fishmeal industry, a Fisheries Improvement Project (FIP) has been initiated in the Gulf of Thailand. This project aims to address environmental and social issues within the industry, ultimately leading to the fishery’s application to join

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