Fishing output gains 2.7 percent in Jan-Apr

Vietnam’s fishing output in the first four months of 2018 totalled nearly 1.08 million tonnes, an increase of 2.7 percent from a year ago thanks to favourable weather conditions and increased fish population.
Fishing output gains 2.7 percent in Jan-Apr ảnh 1Vietnam’s fishing output in the first four months of 2018 increases by 2.7 percent. (Photo: VNA)

Hanoi (VNA) – Vietnam’s fishing output in thefirst four months of 2018 totalled nearly 1.08 million tonnes, an increase of2.7 percent from a year ago thanks to favourable weather conditions andincreased fish population.

According to the Ministry of Agriculture and RuralDevelopment, over 95.4 percent of the fish, or about 1.03 million tonnes, werecaught at sea, up 2.8 percent year on year while 49,000 tonnes were capturedfrom rivers.

However, the total tuna catches of the country’s largest tunafleets in Phu Yen, Binh Dinh and Khanh Hoa provinces declined in January –April. The three provinces brought ashore a total of over 7,420 tonnes of tuna,down 14 percent from the same period last year. Binh Dinh reported the highestdecrease of 18 percent to nearly 1,590 tonnes of tuna.

Meanwhile, the aquaculture output during the periodexceeded 1 million tonnes, up 6 percent from the same time last year.

The Mekong Delta region harvested some 373,000 tonnes oftra fish, a year-on-year surge of 8 percent.

With tra fish fetching high prices, local farmers have rushed to dig ponds andbreed more fish, leading to the scarcity of fish fry and increase in theirprices.

In a stark contrast, farmers have been rushing off their feet to harvest shrimpfor fear of price drop. Each kilogramme of white-leg shrimp is being sold at110,000-120,000 VND (4.84- 5.28 USD), decreasing 10,000-20,000 VND (0.44-0.88USD) per kg from the previous month.

The country earned some 2.4 billion USD from exporting aquatic products in thefirst four months of 2018, representing a year-on-year rise of 13 percent.

In April alone, the country raked in 650 million USD from the export of aquaticproducts.

The US, Japan, China and the Republic of Korea were the biggest importers inJanuary-March, making up 52 percent of the Southeast Asian country’s totalaquatic product exports. The highest growth was reported in the Netherlands(55.7 percent), China (44.6 percent) and the UK (33.8 percent).

In the four-month period, Vietnam imported 536 million USD worth of aquaticproducts, up 27.4 percent against the same period last year. Of the figure, 130million worth of aquatic products were imported in April.

Aquatic product exports in 2018 are expected to exceed 8.5 billion USD, upabout 3 percent compared to 2017, though Vietnam's exports to the US and EUmarkets will continue to be affected by catfish inspection, anti-dumping andillegal, unreported and unregulated fishing (IUU), according to the Vietnam Association of SeafoodExporters and Producers.-VNA
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.