Vietnam’s seafood export turnover in the first 11 months of 2020 hit 7.75 billion USD, down 0.9 percent from the same period last year, according to the Ministry of Agriculture and Rural Development (MARD).
Hanoi (VNA) - Vietnam’s seafood export turnover in the first 11 months of 2020 hit7.75 billion USD, down 0.9 percent from the same period last year, according tothe Ministry of Agriculture and Rural Development (MARD).
In November alone, the country raked in 800 million USD from exporting seafood,with 418.99 million USD from shrimp and 174.64 from Tra (pangasius) fish.
The US, Japan, mainland China and the Republic of Korea (RoK) were the major import markets of Vietnamese seafoodproducts in the last 11 months, making up nearly 60 percent of total exportvalue, the ministry said.
Vietnam also spent 1.59 billion USD on importing seafood duringJanuary-November, a year-on-year decrease of 1.4 percent.
Of the total imports, 14.4 percent came from India, 11.1 percent from Norway,and 9.2 percent from Japan./.
With its continuous growth over the past 10 years, ASEAN has become an important market for Vietnamese seafood, and the prospect of 1 billion USD worth of yearly seafood export revenue is reachable.
Vietnam’s seafood export turnover in June reached 794 million USD, raising the total value for the first half of the year to nearly 4 billion USD, up 0.3 percent year on year, according to the Ministry of Agriculture and Rural Development’s Agro Processing and Market Development Authority (AgroTrade).
Vietnam’s export of aquatic products in July showed positive signs with an increase of 9 percent year-on-year, particularly with exports of shrimp and other products rising, except for pangasius.
With its current position, Vietnam is in top five countries supplying large seafood in the world and quality products such as shrimp, catfish, tuna have been present in the toughest markets.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Processing shrimp for exports (Photo: VNA) 
