Tra fish industry strives to win over domestic consumers
|TIN LIÊN QUAN|
|Tra fish industry may fully recover in Q3: Directorate|
|Aquatic exports to China shows sign of recovery|
|A tra fish processing factory. (Photo: Hoang Vu)|
Addressing the event, Minister of Agriculture and Rural Development Nguyen Xuan Cuong said after more than 20 years of development, the tra fish sector has reaped encouraging outcomes with 6,000ha of farming areas generating 2.5 billion USD in annual export value.
However, he noted, aside from expanding export markets, businesses also need to pay attention to the domestic market so as to boost production and ensure more stable prices for tra fish products.
Cuong explained that a strong domestic market will help ease the pressure on export, raise export prices, and stimulate production. Local consumers will also have more options to choose.
Vietnamese tra fish has been shipped to 119 markets around the world.
On November 1, 2019, the US Department of Agriculture officially recognized that Vietnam’s pangasius food safety control system is equivalent to the US one, which affirmed the quality of Vietnamese tra fish and helped facilitate the export to not only the US but also other demanding markets.
|Aquatic exports rise by 10 percent in five months|
However, the COVID-19 pandemic has pushed production, business and export activities of many sectors, including the tra fish industry, into stagnation.
In the first five months of 2020, the tra fish output was estimated at 462,000 tonnes, down 6.3 percent year on year. Meanwhile, exports dropped 39 percent to 456 million USD, with shipments to China down 48 percent, the EU down 47 percent and the US down nearly 20 percent.
The sudden nosedive in exports has exposed businesses to numerous difficulties when a large volume of tra fish remains in warehouses due to export disruption and orders were canceled. Meanwhile, it is forecast that this industry will have to wait until the third quarter of this year to fully recover.
Given this, to address current hardships, it is necessary to concurrently develop the domestic market and boost overseas shipments, the event heard.
The tra fish sector targets 1.42 million tonnes in output and about 2 billion USD in export revenue this year.
|Vietnam’s tra fish exports to ASEAN up 18 percent |
Vietnam earned 55.17 million USD from tra fish exports to the ASEAN as of the late March, up 18 percent year-on-year, according to the Vietnam ...
|US becomes Vietnam’s largest tra fish importer |
The export of tra fish from Vietnam to the US market has continued its upward trend throughout the year and is predicted to have reached ...
|Tra fish exports to US enjoy strong surge |
Vietnam earned 369.1 million USD from exporting tra fish to the US in the first nine months of this year, up 42.9 percent year-on-year.