Virtual workshop seeks ways to facilitate Vietnam's aquatic exports to RCEP markets
A virtual conference looking to bolster shipments of Vietnam’s aquatic products to member nations of the Regional Comprehensive Economic Partnership (RCEP) is being held on May 30 and 31.
Hanoi (VNA) - A virtual conference looking to bolster shipments of Vietnam’s aquatic products to member nations of the Regional Comprehensive Economic Partnership (RCEP) is being held on May 30 and 31.
𓂃 The event aims to support localities, firms and cooperatives nationwide to capitalise on RCEP preferences so as to seek partners and business opportunities as well as bolster exports to the RCEP members.
It is arranged by the Vietnam Trade Promotion Agency (VIETRADE) under the Ministry of Industry and Trade together with Trade Offices at Embassies of Vietnam in the RCEP countries.
Virtual trading sessions between Vietnamese businesses and their counterparts from the RCEP members are expected to promote products and seek potential customers.
𝓡 Vietnamese firms are advised to take the initiative in getting accustomed, conquering markets and turning challenges into chances.
In the virtual workshop (Photo: VNA)
They need to study origin tracing regulations, as well as fulfil sanitary and phytosanitary measures and technical trade barriers.
VIETRADE Deputy Director Le Hoang Tai said Vietnam has exported aquatic products to more than 160 markets worldwide, of which shipments to the RCEP signatories account for 63 percent.
🌞 Nguyen Manh Dong from the Vietnam Trade Office in Japan said that Vietnam shipped aquatic products worth 1.33 billion USD to Japan last year, making up 74 percent of agro-forestry-aquatic product products to the East Asian market.
In the first five months of 2022, Vietnam’s aquatic exports raked in about 4.5 billion USD, posting a year-on-year surge of more than 44.5 percent./.
Total foreign trade in agricultural, forestry and aquatic products hit some 31.8 billion USD in the first four months of 2022, an increase of 7 percent against the same period last year, according to the Ministry of Agriculture and Rural Development.
Vietnam earned 3.57 billion USD from aquatic exports in the first four months of 2022, posting a year-on-year increase of 43.7 percent, according to the Ministry of Agriculture and Rural Development.
The exports of aquatic products are expected to fetch 2.8-3 billion USD in the second quarter, a year-on-year increase of 36-38 percent, thanks to the strong growth of key products, according to Le Hang, deputy director of the Vietnam Association of Seafood Exporters and Producers (VASEP)’s Training and Trade Promotion Centre.
The total import and export value of agro-forestry-aquatic products in the first five months of 2022 has been estimated at 41.3 billion USD, up 8.6 percent year-on-year, according to the Ministry of Agriculture and Rural Development (MARD).
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Processing tra fish for export (Photo: VNA) 
In the virtual workshop (Photo: VNA) 
