Pangasius processing plant. (Photo: Stock File)

Brazil attracts Việtnamese seafood exporters' attention

VIET NAM
Tuesday, July 17, 2018, 23:50 (GMT + 9)

Brazil has imported seafood products for over USD 1 billion annually since 2012 and has become one of the most important markets of Việt Nam’s tra fish, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).

Việt Nam has become one of the three largest white-fleshed fish suppliers for Brazil, with the export value of tra fish to the market reaching USD 104.7 million in 2017, representing a 54 per cent growth from 2016, Viet Nam News reported.

Given the Brazilian market has applied strict regulations on quality standards and technical barriers to protect their domestic producers, the Ministry of Agriculture and Rural Development (MARD) has paid attention to promoting negotiations with the Brazilian side, towards making it easier for Vietnamese seafood products to enter the market.

As part of the strategy, MARD’s Department of Animal Health recently asked VASEP to point out difficulties that Vietnamese enterprises have met in exporting seafood products to Brazil.

VASEP Vice General Secretary Tô Thị Tường Lan said the department should help seafood processing and trading firms update Brazil’s import information and regulations as quickly as possible, as well as identify risks relating to trade protection.

In her opinion, it is necessary to have measures to prove that shrimp from Việt Nam do not pose infection risks to shrimp in importing countries.

Recently, during his visit to Brazil, Deputy Prime Minister Vương Đình Huệ also asked the Brazilian government to create favourable conditions for Vietnamese seafood processing and trading businesses to export their products such as tra fish, basa fish and shrimp to this country.

VASEP statistics have revealed that Việt Nam’s seafood exports reached a value of nearly USD 4 billion in the first half of this year, which is a 12.3 per cent year-on-year increase.

Companies have predicted that seafood exports would keep growing over the second half of this year thanks to an increase in demand. Several domestic processing enterprises have signed contracts for major holidays later this year.

Related article:

- Trade and investment ties with Brazil strengthened

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