Vietnamese aquatic products are being introduced at the Seafood Expo Global, the biggest event of its kind in the world, which takes place in Brussels, Belgium, from April 24-26.
Brussels (VNA) – Vietnamese aquatic products arebeing introduced at the Seafood Expo Global, the biggest event of its kind inthe world, which takes place in Brussels, Belgium, from April 24-26.
This is the 20th time Vietnam has taken part inthe event. Over the past five years, the Vietnamese corner is one of the tenbiggest in the expo.
This year’s event brought together more than 1,850 unitsfrom 79 countries and territories worldwide. It is expected to draw over 28,000visitors, including European seafood distributors and processors who come toseek business opportunities.
At the opening ceremony, Vietnamese Ambassador to Belgium VuAnh Quang visited Vietnamese booths, pledging that the Vietnamese Embassy will tryits best to facilitate the access of Vietnamese products to the Europeanmarket.
To Tuong Lan, Deputy Secretary General of the VietnamAssociation of Seafood Exporters and Producers (VASEP), told the Vietnam NewsAgency that the expo is very useful as it helps businesses promote theirproducts and explore the taste of consumers, urging Vietnamese enterprises tograsp market trends in order to introduce suitable products.
Statistics show that Europe was Vietnam’s biggest seafoodimporter in 2017 with a turnover of 1.5 billion USD. 2018 is expected to be apromising year for Vietnam’s shrimp exports.
In September 2017, the EuropeanCommission issued a yellow card warning Vietnam for failing to progress infighting illegal,unreported and unregulated (IUU)fishing.
After April 23, the EU will assess Vietnam’sefforts to fight IUU fishing. The "yellow card" is followed by a"green card" if the problem is resolved or a "red card" ifit isn’t. A “red card” can lead to a trade ban on fishery products.-VNA
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The central city of Da Nang is stepping up the dissemination of legal regulations on offshore fishing activities to curb IUU fishing in order to tackle the European Commission’s IUU yellow card.
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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.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Illustrative photo (Photo: VNA) 
