Tuesday, June 25, 2019 4:26:42 PM - Markets open
VN-INDEX 960.13 -2.72/-0.28%
HNX-INDEX 104.15 -0.63/-0.60%
UPCOM-INDEX 55.20 +0.05/+0.09%
Vietnam to face competition from India in aquaculture exports
VietnamPlus - 4/10/2019 1:12:47 PM
 (0 ratings. You must sign in to rate.)
 Vietnam’s aquaculture exports will face stronger competition from India in the traditional market of Japan, because India is striving to triple the domestic aquatic product output in the near future.
The Indian Government has approved plans to support the building of shrimp breeding facilities and improve unused water resources for aquaculture.
India also moves to develop tiger prawn farming in western Bengal, Kerela and Karnataka to boost the export of shrimp to Japan, especially on the occasion of the Olympics Tokyo 2020.
Vietnam earned 1.8 billion USD from exporting seafood in the first quarter of 2019, a year-on-year rise of 0.5 percent, according to the Department of Farm Produce Processing and Market Development under the Ministry of Agriculture and Rural Development.
Japan, the US, China and the Republic of Korea were the main leading importers of Vietnamese aquatic products in the first two months of this year, making up 52.8 percent of the total export turnover from this product.
Strong growth was seen in Mexico (up 35.6 percent), the Philippines (up 25 percent), Malaysia (up 21.6 percent), the UK (16.6 percent), and Canada (up 13.7 percent).
The country also imported 416 million USD worth of aquatic products in the first three months of this year, up 2 percent on a yearly basis.-VNA
Read original article here
Newer News
24/06 Vietnam, EU partnership prospects bright: German experts
23/06 VN exports should target West Asia: conference
21/06 Deputy PM updates RoK investors on Vietnam’s policies
19/06 Vietnam’s rubber exports drop in May
18/06 Philippine company eyes investment in Vietnam’s tea industry
17/06 Growing Chinese investment in Việt Nam: time to worry?
16/06 Denim production needs green growth
14/06 Vietnam, China step up cooperation in trade, agriculture, logistics
13/06 Large FDI inflows to make Việt Nam among APAC's fastest growing economies
13/06 Building material prices on the rise
Older News
09/04 Regulations being revised to implement CPTPP
09/04 Statistics office partners with IMF to re-evaluate Vietnam’s economic scale
05/04 ​​​​​​​Malaysia initiates anti-dumping duty investigation on non-alloy steel from Việt Nam
05/04 HSBC forecasts Vietnam’s economic slowdown in 2019
04/04 Vietnam records influx of real estate investment from Japan
03/04 Manufacturing enjoys strong growth in March
02/04 Hanoi city leads FDI attraction in first quarter of 2019
01/04 Steel exports edge up 5.8 percent in Q1
29/03 CPI growth in first quarter lowest in three years
29/03 Steel exports edge up 5.8 percent in Q1
Newsletter Signup
Top Stories
Fed future plan on rate cuts lift VN stocks
Reference exchange rate up by 5 VND on June 18
Government to crack down on trade fraud
Reference exchange rate adjusted up by 8 VND on June 6
VAMC to reclaim US$2.13 billion in bad debts
Market Update
Last updated at 3:09:44 PM
VN-INDEX 960.13 -2.72/-0.28%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.