The seafood industry has achieved impressive export figures, reaching approximately $6.25 billion out of the targeted $9.5 billion for the entire year of 2024. However, the challenges posed by Typhoon No. 3 have made it difficult to attain the remaining goal.
Seafood businesses proactively devise production and export plans for the year-end peak season
Currently, authorities and the Vietnam Fisheries Society are working diligently to assist northern provinces in mitigating losses and resuming production. Concurrently, the seafood industry will intensify demand and supply connectivity, facilitating enterprises’ access to target customer segments and promoting Vietnamese seafood brands.
The upcoming Aquaculture Vietnam 2024 exhibition, taking place in Ho Chi Minh City from October 9 to 11, 2024, presents a valuable opportunity for Vietnamese seafood businesses to explore new markets, technologies, and trends. With 100 participating companies and 4,000 visitors from over 20 countries and territories, it serves as a platform for industry players to network and gain insights.
Southern provinces need to prepare for abnormal weather conditions to ensure stable production activities
The Vietnam Fisheries Society has cautioned southern provinces about the complex weather forecast for the coming period, underscoring the necessity of contingency plans to safeguard production and exports.
According to Dr. Nguyen Viet Thang, Chairman of the Vietnam Fisheries Society (VINAFIS), the southern region typically experiences fewer typhoons, leading to a degree of complacency. VINAFIS has dispatched documents to local chapters, urging them to collaborate with local authorities to proactively address the adverse weather conditions. By learning from past storms, the focus is on evacuating individuals and relocating vulnerable fish cages to safer areas before the typhoon makes landfall.
China triples imports of Vietnamese seafood
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietnam’s seafood exports reached nearly $750 million in January, a 64% increase compared to the same period last year. Notably, exports to many markets have surged.
