SGGPO
On June 12, the Vietnam Association of Seafood Exporters and Producers (VASEP) held a conference to review export activities.
According to VASEP, in the first five months of the year, Vietnam's seafood exports reached just over $5 billion, continued to plummet by nearly 3,2% compared to the same period in 30 and fell deeply by 2022-10% in all markets. main export. In which, the market that dropped the most was the US market by more than 50% over the same period, the EU market by nearly 50% and China by more than 32%. The main products of Vietnam's seafood exports all decreased, such as shrimp down nearly 25%, pangasius down nearly 36% and tuna down more than 40%.
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The seafood industry needs to invest in new technology to reduce production costs |
It is forecasted that the seafood market will continue to decline in the third quarter of 3, at the end of the year, exports will only reach $2023 billion.
Notably, the IUU Yellow Card in caught seafood is also a major constraint to the growth of seafood exports. Ecuadorian, Indian shrimp cost 20% less than Vietnamese shrimp. In addition, pangasius faces high feed costs and unstable quality seed sources. Recently, VASEP has launched the program "For a sustainable shrimp industry"; develop a program to promote pangasius together with joint activities, jointly re-evaluate to take measures to improve the supply of seed, feed, and success rate for pangasius.
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Seafood is forecast to reach 8,6 billion USD due to market difficulties |
Mr. Phung Duc Tien, Deputy Minister of Agriculture and Rural Development, said that from now until the end of 2023, businesses need to regularly assess market developments, propose solutions, and promptly inform people to know and take action. suitable production plan; strengthen cooperation and solidarity among businesses in accessing, maintaining, expanding and diversifying markets. When there are problems in export, VASEP promptly informs ministries and branches for timely solutions; continue to proactively propose amendments and improvements to policies to create maximum conditions for production and export activities. More importantly, businesses apply new technologies to reduce production costs; promoting production linkages, replicating models and efficient production chains; maintaining and developing the output market, fighting technical barriers.
