Hanoi (VNA) – After two consecutive years of decrease, trafish exports to the European Union (EU) have bounced back.
According to the Vietnam Association of Seafood Exportersand Producers (VASEP), Vietnam earned 20.2 million USD from the exports inthe first half of February, up 40.2 percent year-on-year.
The Netherlands, Belgium, Germany and Spain are currentlythe four largest importers of Vietnam.
Vietnam is home to nearly 120 facilities processing tra fishproducts for export with a combined capacity of 1.8 million tonnes of input per year.
This year, the export is forecast to expand by20-22 percent compared to 2021, while the price is predicted to rise by 5percent due to costs for breeding, logistics and labour.
Last year, Vietnam produced 1.52 million tonnes and earned1.62 billion USD from tra fish exports.
The production target was set at 1.6-1.7 million tonnes and exportrevenues at over 1.6 billion USD this year./.
The Tra fish industry aims to earn 1.6 billion USD from tra fish export, and produce between 1.6 – 1.7 million tonnes of tra fish products in 2022, according to Nhu Van Can, head of the Aquaculture Department of the Directorate of Fisheries under the Ministry of Agriculture and Rural Development (MARD).
Revenue from tra fish exports is expected to reach 1.7 billion USD thanks to adaptation efforts of businesses and effective support from the State, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s Pangasius (tra fish) exports in January 2022 surged nearly 73 percent year-on-year to 213.6 million USD, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
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Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
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A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
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The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
Tra fish processing for export (Photo: VNA) 
