Vietnamese enterprises are showcasing their products at the Brussels Seafood Expo 2019 in Belgium from May 7-9, aiming to give Vietnamese seafood a firmer foothold in the European market.
Vietnamese Ambassador to Belgium Vu Anh Quang (second from right) visits a Vietnamese booth (Source: VNA)
Brussels (VNA) – Vietnamese enterprises are showcasing their products atthe Brussels Seafood Expo 2019 in Belgium from May 7-9, aiming to giveVietnamese seafood a firmer foothold in the European market.
On the sidelines of the event, theMinistry of Agriculture and Rural Development worked with the VietnameseEmbassy and Trade Office in Belgium and the Vietnam Association of SeafoodExporters and Producers (VASEP) to hold a forum on Vietnamese seafood andcooperation prospects.
VASEP also collaborated with theDirectorate of Fisheries and the southernmost province of Ca Mau to organise aseminar on tra fish and Vietnamese shrimp.
Speaking at the forum, DeputyMinister of Agriculture and Rural Development Phung Duc Tien said theVietnamese fisheries sector focuses on developing its products towards applyingmodern technology, increasing product quality and values, diversifyingproducts, and ensuring food security, safety and hygiene.
Javier Cordova Fernandez, DeputyGeneral Manager at Mitsui & Co Europe PLC, said the company has boughtVietnamese shrimp products for years thanks to their good quality andcompetitive prices.
European consumers pay attention totheir health, he stated, advising Vietnamese enterprises to increase producttraceability and expand the use of organic feed in aquatic farming.
Last year, Vietnam exported 275,800tonnes of aquatic products to the EU, earning 1.4 billion USD, making it thesecond biggest importer of Vietnamese aquatic products.
The signing and ratification of theEU-Vietnam Free Trade Agreement in the time ahead is also expected to raise theSoutheast Asian nation’s export turnover thanks to tariff cuts.-VNA
Fifteen leading Vietnamese enterprises is taking part in the Seafood Expo North America, the biggest annual event of its kind in the region, which opened in Boston, the US, on March 17.
Fifteen Vietnamese seafood exporters attended the Seafood Expo North America and Seafood Processing North America, the largest of its kind show in the North America, from March 17-19 to seek new partners and expand export markets.
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The European Union (EU) was the largest market of Vietnamese shrimp in the first two months of 2019, according to the Vietnam Association of Seafood Entrepreneurs (VASEP).
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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.
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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.
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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.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
Vietnamese Ambassador to Belgium Vu Anh Quang (second from right) visits a Vietnamese booth (Source: VNA) 
