Australian businesses to research on Vietnam shrimp production chain
The specialists will focus on seafood disease prevention and supervision, and quarantine licensing. They will visit labs responsible for testing diseases on exported shrimps, and shrimp farms in Soc Trang, Bac Lieu, Kien Giang and Ca Mau provinces.
The Department has asked relevant agencies, including the Vietnam Association of Seafood Exporters and Producers (VASEP) and seafood exporters to Australia to help businesses work with the Australian specialists.
According to the Vietnam Trade Office in Australia, seafood has great potential to make inroad into the market with annual consumption demand for around 1 million tons. However, domestic production meets only 30% of its demand.
Currently, Vietnam is the fourth largest seafood supplier of Australia with 11% of market shares after Thailand, New Zealand, and China. Particularly, it is the biggest shrimp exporter to the market with more than 35% of market shares.
The Office strongly recommends that Vietnamese businesses should strictly observe Australia’s food hygiene and safety and biosafety regulations to enter the market.
Seafood exports hit a record high of US$8.3 billion last year, up nearly US$1 billion compared to the previous year.
Related News
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Vietnam ready to export first batch of sweet potatoes to China
13:57 | 06/04/2023 Anti-Smuggling
Australian Governor-General wraps up State visit to Vietnam
13:53 | 06/04/2023 Headlines
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Latest News
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export
HCM City’s industrial production index down 0.9% in Q1
14:47 | 04/04/2023 Import-Export
More News
Fisheries exports estimated at 1.85 billion USD in Q1
14:45 | 04/04/2023 Import-Export
Quang Ninh aims to attract quality FDI inflows
14:43 | 04/04/2023 Import-Export
Exports face many difficulties
13:29 | 04/04/2023 Import-Export
Manufacturing enterprises increase their competitiveness thanks to digital transformation
13:28 | 04/04/2023 Import-Export
32nd Việt Nam Expo promises to boost business linkages
14:19 | 03/04/2023 Import-Export
Prevention of price risks before news that Indonesia increases rice imports in reserve
09:52 | 03/04/2023 Import-Export
Japanese investors highly appreciate Vietnamese property market
17:41 | 02/04/2023 Import-Export
Seafood enterprises propose to remove obstacles from exporting to the EU
10:34 | 02/04/2023 Import-Export
Need to effectively use tools to prevent exchange rate risks in import and export field
10:32 | 02/04/2023 Import-Export
Your care
The system has not recorded your reading habits.
Please Login/Register so that the system can provide articles according to your reading needs.
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export