SEAFOOD NEWS

Seafood market news, news & articles about seafood

Vietnam seafood exports kept growing in the first 9 months of 2011

[11-14-2011]

In the first 9 months of 2011, Vietnam seafood exports kept growing even though sovereign debt crisis in EU (leading importer of Vietnam seafood) is hurting the global economy.

Shrimp exports to reach over US$2.1 billion in 2011

[11-14-2011]

In the period of Jan-Sep 2011, Vietnam shrimp was exported to other markets apart from three main traditional markets (the U.S., Japan and EU). In the period of Jan-Sep 2010, shrimp export value to these three markets made up more than 71 percent of the total shrimp export value but this year, this figure reduced to 65 percent. Shrimp exports to other markets such as South Korea, ASEAN, particularly Russia rose sharply.

Viet Nam’s seafood exports depend heavier on material imports

[11-14-2011]

In the first 10 months of the year, Vietnam’s seafood export turnover reached 5 billion dollars, an increase of 22 percent in comparison with the same period of the last year. It is highly possible that the export turnover would reach the record level of 6 billion dollars by the end of the year.

Taking a stand

[11-14-2011]

Vietnam finally had a victory over the US imposing anti-dumping tariffs on its frozen shrimp, providing relief to the country’s shrimp exporters after seven long years. But it’s only the beginning of the challenges as the country integrates deeper into the global trade club.

Vietnam’s seafood exports to Middle East up 23%

[11-14-2011]

09 November, 2011 - Vietnam’s seafood exports to the Middle East reached USD 141 million in the first half of 2011, up 23 percent from the same period in 2010, according to a report from the Vietnam Association of Seafood Exporters and Producers (VASEP), released on Wednesday in conjunction with this month’s SIAL Middle East event.

Ca Mau to reach 10,000 hectares of industrial shrimp farming area

[09-30-2011]

Electricity an advance of VND30 billion to upgrade the grid at the industrial shrimp farming areas. The plan will be completed in late October 2011 to meet the demand of electricity for production.

Seafood production in Jan-Sep increases 5.2% year on year

[09-30-2011]

According to Ministry of Agriculture and Rural Development, Viet Nam’s seafood production in Jan-Sep is estimated to reach 4,136 thousand tons, up 5.2% year on year including 1,973 thousand tons of capture production (up 4.8%) and 2,163 thousand tons of aquaculture production (up 5.6%)

Viet Nam shrimp group expands in United States

[09-30-2011]

Zero percent export duty on sales to the United States has freed up the world’s largest single country shrimp market for a Vietnamese company.

Foreign investors seek foothold in Vietnam

[09-30-2011]

The recent announcement that Portunas, an Icelandic seafood company, had purchased a pangasius processing plant in Vietnam is yet another example of a foreign firm seeking to gain a foothold in this country’s seafood industry.

Seafood farms face growing problems

[09-07-2011]

Aquaculture has flourished in the central region in recent years, but is now encountering several problems, including a shortage of baby shrimp for breeding and polluted groundwater from inadequate waste treatment.

WTO ruling favours VN shrimp exports

[09-07-2011]

HA NOI — The World Trade Organisation (WTO) dispute settlement body last Friday adopted a dispute panel report on anti-dumping measures imposed by the US against frozen freshwater shrimp from Viet Nam and the use of the controversial "zeroing" technique for calculating the extent of the alleged dumping.

Big stocks and non-payment make seafood exporters distressed

[09-07-2011]

Vietnamese seafood exporters now on the tenterhooks, because more and more European and American importers ask for lower prices or give up the contracts. Meanwhile, analysts have predicted worse situation towards the end of the year due to the public debt crisis in Europe and the US.

Vietnam’s agro-forestry and seafood exports to hit US$13.9 bil

[09-07-2011]

In July, Vietnam is expected to fetch US$2 billion from exporting agro-forestry and seafood products, bringing total export turnover in the first seven months to US$13.9 billion, up 33.4 percent against the same period last year, according to the Ministry of Agriculture and Rural Development (MARD).

Vietnam's seafood export likely to decline in 2011

[09-06-2011]

Ministry of Agriculture and Rural Development has recently lowered its forecast on Vietnam's seafood export turnover in 2011 to $6 billion, down by $100 million from the previous forecast, due to difficulties on raw materials and markets.

Seafood Exporters Face Price Difficulties

[08-24-2011]

VIET NAM - Vietnamese exporters of seafood are concerned because an increasing number of European and US importers are demanding lower prices or take for completed contracts. Analysts are also predicting a worse end of the year due to the economic crisis in Europe and USA.

Looking to fill an oyster shortage

[08-16-2011]

Photos of tsunami damage to fishing ports and vessels in northeast Japan were displayed at last month’s Japan International Seafood & Technology Expo by several fishery associations. Combined with the absence of exhibitors from the area, they lent a poignant mood to the show.

A promising but challenging market

[08-11-2011]

09 August, 2011 - Imitation may be a form of flattery, but Canada’s seafood importers are not impressed by competitors using their national brand in China.

Shrimp on display in Tokyo

[08-11-2011]

06 August, 2011 - Editor’s note: SeafoodSource Contributing Editor Chris Loew attended last month’s Japan International Seafood & Technology Expo.