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Viet Nam Seafood Exports to Australia up 20.7 per cent

Sustainability Economics +3 more

VIET NAM - According to the Viet Nam Trade Office in Australia, annual seafood exports to Australia are approximately $1 billion. The value of Viet Nams seafood exports to Australia in 2014, were $228.8 million, up 20.7 per cent year on year.

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According to Mr Norman Grant, president of Seafood Importers Association of Australia (SIAA), Viet Nam should add more value to seafood sold abroad whilst accelerating promotion and actively finding new customers, reports VASEP.

Mr Grant highly appreciated the efforts of Viet Nam’s government to transform the fisheries sector, which is clearly shown in Decree 36/2014 / ND-CP of farming, processing and export of pangasius.

He also added that the glazing rate regulated by the Decree was too low, resulting in higher production costs while the current rate is acceptable.

Mr Norman also suggested that Viet Nam should promote the brand for Viet Nam seafood products through aquaculture farm tours in the Mekong Delta.