Vietnamese pangasius becomes leading option for Brazilian consumers

Vietnamese tra fish (Pangasius) has become the main choice among the white-fleshed fish species that Brazil imports from around the world, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnamese pangasius becomes leading option for Brazilian consumers

Statistics indicate that Vietnamese pangasius exports to Brazil by mid-September soared by 26% year on year to reach more than US$81 million.

Most notably, Brazil spent US$5 million on importing the Vietnamese fish in the first half of September, up 3% year on year, making it the third largest importer of Vietnamese pangasius after China and the United States. Indeed, the South American market mainly consumes frozen pangasius fillet products from Vietnam.

The International Trade Center reports that Brazil mostly imported frozen pangasius fillets coded HS 030462. The Jan-August, 2024 period saw Brazil purchase frozen pangasius fillets worth nearly US$86 million, up 54% year on year.

Vietnam is the largest supplier of white-fleshed fish and is also the sole provider of frozen pangasius fillets to the Brazilian market.

Insiders say Vietnamese pangasius export prices are expected to recover and gradually increase, while pangasius exports are anticipated to reach US$1.8 billion this year, up 6% compared to 2023.

Source: VOV

See more news

Shrimp exports bring home nearly 2.8 billion USD in nine months

Shrimp exports bring home nearly 2.8 billion USD in nine months

Vietnam's shrimp export turnover is estimated at nearly 2.8 billion USD in the first nine months of this year – the highest among aquatic products, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Việt Nam

Việt Nam's trade turnover poised to hit $800 billion mark

HÀ NỘI — Việt Nam’s import-export value is likely to touch the US$800 billion mark by year-end, far exceeding a record of $732 billion seen in 2022, economic expert Định Trọng Thịnh has said.
Vietnam-Cambodia trade turnover soars by 21.9% in nine months

Vietnam-Cambodia trade turnover soars by 21.9% in nine months

Vietnam is currently one of Cambodia's three largest trading partners, with bilateral trade turnover continuing to grow rapidly by 21.9% year-on-year to US$5.8 billion up to the end of the third quarter of this year, according to the latest statistics from the Cambodian Ministry of Economy and Finance.
Tuyen Quang exports first batch of OCOP products to the UK

Tuyen Quang exports first batch of OCOP products to the UK

The northern province of Tuyen Quang held a ceremony on October 11 to export the first shipment of agricultural produce under the One Commune, One Product (OCOP) programme to the United Kingdom.
Green export: Change or exit the “game”?

Green export: Change or exit the “game”?

Green export is an irreversible trend and businesses are forced to grasp this trend to maintain growth rate and market share to participate in the “game” globally.
US issues preliminary anti-subsidy findings on solar panel imports from Vietnam

US issues preliminary anti-subsidy findings on solar panel imports from Vietnam

HANOI – The US Department of Commerce (DOC) has issued preliminary anti-subsidy findings in an investigation concerning solar panel imports from Vietnam, announced the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade.
Vietnam, Tunisia promote trade cooperation

Vietnam, Tunisia promote trade cooperation

Tunis – The Vietnam Trade Office in Algeria and Tunisia last week coordinated with the Tunisian Union of Industry, Trade and Handicrafts (UTICA) to organise a conference to connect Vietnamese businesses and their peers in in Tunis.
Import-export revenue rises over 16% in nine months

Import-export revenue rises over 16% in nine months

HANOI - Revenue from import-export activities hit 578 billion USD in the first nine months of 2024, a rise of over 16% year on year, according to the General Statistics Office (GSO).
Rice exports expected to exceed 5 billion USD target

Rice exports expected to exceed 5 billion USD target

According to the Vietnam Trade Office in India, at the end of September, India officially lifted the ban on exporting regular white rice (non-basmati), with a condition of a floor export price of 490 USD/tonne. This decision will impact the world rice market in general and Vietnam's rice export market in particular in the coming time.
US initiates probe into dumping and countervailing duties on Vietnamese steel

US initiates probe into dumping and countervailing duties on Vietnamese steel

The United States Department of Commerce (DOC) has officially initiated an anti-dumping and countervailing duty investigation into corrosion-resistant steel (CORE steel) imported from Vietnam, according to the Trade Remedies Authority of Vietnam (TRAV).
View more
Latest Most Read
Promoting credit for key agricultural sectors in Mekong Delta

Promoting credit for key agricultural sectors in Mekong Delta

The Mekong Delta contributes 95% of Vietnam’s rice exports and accounts for 60% of the country’s total seafood export value. Recently, fruit exports have shown strong growth, with various fruits entering new markets. However, numerous credit-related obstacles are creating challenges regarding agricultural production loans in the region.
Deputy PM meets with Vietnamese community in Denmark

Deputy PM meets with Vietnamese community in Denmark

Deputy Prime Minister Tran Hong Ha had a meeting with representatives of the Vietnamese community in Denmark on November 24 as part of his working trip to the European country.
Weather-related risks, low interest rates hinder bank loans to agricultural sector

Weather-related risks, low interest rates hinder bank loans to agricultural sector

Credit institutions are reluctant to lend to the agricultural sector due to high risks while the lending interest rate is low, experts have said.
Vietnam, Bulgaria look toward new height in trade volume

Vietnam, Bulgaria look toward new height in trade volume

Hanoi – The ongoing Vietnam visit by Bulgarian President Rumen Radev is set to elevate bilateral ties to a new height, particularly in the economic sphere, as both nations prepare to celebrate the 75th anniversary of their diplomatic relations next year.
Hà Nội to change to green energy buses by 2035

Hà Nội to change to green energy buses by 2035

It aims to have all of its buses in the capital to be electric or using green energy by 2035.
banning motorbikes a complex issue

Banning motorbikes - a complex issue

Hà Nội is facing a serious problem because of polluted air and traffic congestion. Authorities plan to limit motorbikes in inner districts after 2025 and them gradually ban reduce the number of bikes on the roads from 2030. Are motorbikes the problem? Will this help ease congestion? Watch our video and tell us your comments.
strengthening vietnam cambodia friendship and cooperation

Strengthening Vietnam-Cambodia friendship and cooperation

Chairman of the National Assembly Tran Thanh Man leads a high-ranking delegation to make an official visit to Cambodia, and attend some international events hosted by the neighboring country on November 21 to 24.
vietnam malaysia strategic partnership

Vietnam - Malaysia Strategic Partnership

Since the establishment of diplomatic relations, the relationship between Vietnam and Malaysia has been continuously strengthened and developed positively across all areas, especially since it was upgraded to a Strategic Partnership in August 2015.
vietnam dominican republic strengthening cooperation

Vietnam, Dominican Republic strengthening cooperation

At the invitation of Dominican President Luis Rodolfo Abinader Corona and his spouse, Prime Minister Pham Minh Chinh and his spouse, accompanied by a high-level Vietnamese delegation, pay an official visit to the Dominican Republic from November 19 to 21, 2024. This visit holds significant importance as it marks the first official trip by a Vietnamese leader to the Dominican Republic, taking place ahead of the 20th anniversary of diplomatic ties between the two nations (July 7, 2005 – July 7, 2025).
vietnam brazil strategic partnership

Vietnam - Brazil strategic partnership

During his trip to Brazil from November 16-19 for the G20 Summit and bilateral engagements, Prime Minister Pham Minh Chinh held talks with Brazilian President Luiz Inácio Lula da Silva. The two leaders agreed to elevate the Vietnam-Brazil bilateral relations to a Strategic Partnership and issue a joint statement on the upgrade of the ties.
New decree on using telecommunications accounts for payment proposed

New decree on using telecommunications accounts for payment proposed

Currently, the use of a telecommunications account to pay for small-value goods and services in the country, called Mobile-Money service, is being implemented in a pilot programme.
Parliament approves amendments to pharmacy law

Parliament approves amendments to pharmacy law

On drug price management, the NA Standing Committee reviewed and concurred with the Government’s proposal to implement measures for publishing projected wholesale prices for prescription drugs.
VAT tax reduction should continue until mid-2025: Ministry

VAT tax reduction should continue until mid-2025: Ministry

Hanoi - The Ministry of Finance (MoF) has proposed Vietnam's value-added-tax (VAT) reduction should continue until at least June 2025, saying the tax cut has provided both the business community and the economy with much-needed support.
NA deputies scrutinise investment policy for North-South high-speed railway project

NA deputies scrutinise investment policy for North-South high-speed railway project

The preliminary total investment for the project is estimated at VNĐ1.7 quadrillion (around US$67.34 billion). To ensure its progress and success, 19 special policies have been proposed.
Vietnam’s automotive supporting industry: A bright future ahead, riding the wave of growth

Vietnam’s automotive supporting industry: A bright future ahead, riding the wave of growth

(VEN) - In recent years, the demand for transportation vehicles in Vietnam has surged rapidly, making the market highly promising, as assessed by experts.
VN

VN's food processing industry struggles to improve quality and value chain integration

Despite accounting for 19.1 per cent of Việt Nam’s processing sector, the food processing industry has been struggling with major issues such as poor-quality raw materials and subpar value chain integration, said industry insiders and economists.
Tra fish sector aiming for production, processing greening for sustainable development

Tra fish sector aiming for production, processing greening for sustainable development

HCM City - Greening production and processing to meet export requirements is both a trend and a necessity for many industries, including the tra fish sector.
Solutions discussed to ensure coal supply for electricity generation in 2025

Solutions discussed to ensure coal supply for electricity generation in 2025

Việt Nam Electricity (EVN), Việt Nam National Coal and Mineral Industries Holding Corporation Limited (TKV), and Đông Bắc Corporation have proposed solutions to secure sufficient coal for power generation as thermoelectricity is expected to rise significantly to meet 2025's socio-economic power demand.
Thai packaging giant takes 30-year lease for largest ready-built factory in Tay Ninh

Thai packaging giant takes 30-year lease for largest ready-built factory in Tay Ninh

Thantawan Industry Public Company Limited, a leading plastic bag and straw manufacturer with more than 40 years of experience in Thailand, officially took out a landmark 30-year lease for a ready-built factory at Phuoc Dong Industrial Park, the southern province of Tay Ninh.
Workshop seeks ways to attract Japan’s green investment to Vietnam

Workshop seeks ways to attract Japan’s green investment to Vietnam

A workshop was held in Tokyo on November 18 to introduce to Japanese businesses investment trends in Vietnam and its pioneering industrial parks with carbon neutral initiatives.
Government approves investment policy to build Cam Lien Industrial Park in Quang Binh

Government approves investment policy to build Cam Lien Industrial Park in Quang Binh

On November 16, the leader of the Quang Binh Provincial Economic Zone Management Board said that the Government had just approved the investment policy for Cam Lien Industrial Park.
Disbursement of public investment must be accelerated: Deputy PM

Disbursement of public investment must be accelerated: Deputy PM

Deputy Prime Minister Ho Duc Phoc has called on ministries, agencies, and localities to accelerate the disbursement of public investment from now until the year-end and further tighten investment management.
Promoting credit for key agricultural sectors in Mekong Delta

Promoting credit for key agricultural sectors in Mekong Delta

The Mekong Delta contributes 95% of Vietnam’s rice exports and accounts for 60% of the country’s total seafood export value. Recently, fruit exports have shown strong growth, with various fruits entering new markets. However, numerous credit-related obstacles are creating challenges regarding agricultural production loans in the region.
HDBank wins three awards at Vietnam Listed Company Awards 2024

HDBank wins three awards at Vietnam Listed Company Awards 2024

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank - HoSE: HDB) has received three prestigious awards at the Vietnam Listed Company Awards 2024, highlighting its leadership in the banking sector, as well as its dedication to transparency and governance.
VIB, Flywire partner to streamline cross-border payments for students from Vietnam

VIB, Flywire partner to streamline cross-border payments for students from Vietnam

Vietnam International Bank (VIB) has announced a partnership with Flywire, a global payments enablement and software company based in Boston, to enable Vietnamese payers to digitally pay international education-related fees in their local currency to higher education institutions all over the world.
Vietcombank issues 2 trillion VND worth of green bonds for first time

Vietcombank issues 2 trillion VND worth of green bonds for first time

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has successfully issued 2 trillion VND worth of green bonds, the first of its kind, to support eco-friendly projects.
Tough negotiations to prevent Earth’s warming

Tough negotiations to prevent Earth’s warming

The 29th Conference of the Parties to the UN Framework Convention on Climate Change (COP29) in Baku, Azerbaijan, has failed to find common ground on the major issue of climate finance in the final hours of negotiations. Irreconcilable differences between countries are hampering global efforts to prevent Earth’s warming.
MoT view on raising emission standards for scooters from 2027

MoT view on raising emission standards for scooters from 2027

(VEN) - The Prime Minister Notice No.518/TB – VPCP released recently by the Government Office has demonstrated the political determination and responsibility of enterprises in implementing the Party’s policies and the State’s laws and policies on environmental protection.
Significant progress in fisheries

Significant progress in fisheries' environmental protection but challenges remain

All provinces and cities across the country had issued plans and directives to implement specific activities of the project in line with local conditions.
Hà Nội prepares for temperature drop as cold front approaches

Hà Nội prepares for temperature drop as cold front approaches

According to the NCHMF, the cold front will result in temperatures dropping sharply across the northern region.
Vietnam: A global magnet for scientific talent

Vietnam: A global magnet for scientific talent

Hanoi – Vietnam has rapidly established itself as a premier destination for scientific talent worldwide, driven by a robust policy framework aimed at nurturing talent and cultivating a skilled workforce for sustainable development.
Samsung launches technology talent development programm

Samsung launches technology talent development programm

Samsung Vietnam Complex on Friday officially launched the Samsung Innovation Campus (SIC) 2024–25, a Technology Talent Development Programme aimed at equipping Việt Nam’s youth - the future leaders of the Fourth Industrial Revolution - with advanced technological capabilities.
Việt Nam and Korean NIPA strengthen tech cooperation

Việt Nam and Korean NIPA strengthen tech cooperation

The Minister of Information and Communications, Nguyễn Mạnh Hùng, commended NIPA for its contributions in assisting Việt Nam in establishing a legal framework for the draft digital industry law.
Cyberattack risks surge with AI advancements

Cyberattack risks surge with AI advancements

Cyberattacks are becoming more sophisticated and complex, especially with the assistance of artifical intelligence (AI), said Deputy Minister of Information and Communications Bùi Hoàng Phương.
Hà Nội to change to green energy buses by 2035

Hà Nội to change to green energy buses by 2035

It aims to have all of its buses in the capital to be electric or using green energy by 2035.
More employment opportunities for people with disabilities

More employment opportunities for people with disabilities

(VEN) - In pursuit of the goal “No one is left behind,” the Government, ministries, sectors and localities nationwide have recently stepped up employment support for people with disabilities (PWDs).
ASEAN transport connectivity to be enhanced

ASEAN transport connectivity to be enhanced

(VEN) - At the 30th ASEAN Transport Ministers (ATM) Meeting, which took place in Kuala Lumpur, Malaysia from November 21-22, ASEAN member states agreed to cooperate in promoting cross-border transportation by land, air and sea.
Banning motorbikes - a complex issue

Banning motorbikes - a complex issue

Hà Nội is facing a serious problem because of polluted air and traffic congestion. Authorities plan to limit motorbikes in inner districts after 2025 and them gradually ban reduce the number of bikes on the roads from 2030. Are motorbikes the problem? Will this help ease congestion? Watch our video and tell us your comments.
Petrovietnam grows strongly thanks to volatility management

Petrovietnam grows strongly thanks to volatility management

(VEN) - In the context of market volatility with complicated developments from epidemics, economic crises, to geopolitical instability, the proactive management of volatility of the Vietnam National Oil and Gas Group (Petrovietnam) has helped the group not only steadily overcome numerous difficulties, but also take advantages of new opportunities to set many records in production and business activities and make great contributions to the country’s economic growth.
Doubling insurance product’s payout significantly benefits customers

Doubling insurance product’s payout significantly benefits customers

(VEN) - The Agriculture Bank Insurance Joint Stock Corporation (ABIC) has officially doubled the maximum payout for its Bao An insurance product to VND1 billion. This is a major breakthrough, enhancing financial protection for customers amid an increasingly volatile economy and rising demand for financial security.
PJICO: 30 years of development

PJICO: 30 years of development

(VEN) - Throughout the past 30 years of establishment and development, Petrolimex Insurance Corporation (PJICO) has solidified its position in the non-life insurance sector and overcame numerous challenges.
VN takes part in food and beverage fair in Chicago

VN takes part in food and beverage fair in Chicago

The event is organised by the Private Label Manufacturers' Association (PLMA).
tcty-dau-khi-vn-pv-power-2022
Exhibitions in Hà Nội downtown celebrate Heritage Day

Exhibitions in Hà Nội downtown celebrate Heritage Day

This year marks the 19th anniversary of the Việt Nam Cultural Heritage Day since its inception in 2005, aiming to promote the traditions and sense of responsibility among those working to protect and promote the value of Việt Nam's cultural heritage.
Vibrant cultural rendezvous in Hanoi

Vibrant cultural rendezvous in Hanoi

(VEN) - The 2024 International Food Festival will take place from December 7-8 in Hanoi, aiming to promote cultural and culinary exchange among nations.
Cultural activities celebrate Việt Nam Heritage Day

Cultural activities celebrate Việt Nam Heritage Day

One hundred paintings from traditional folk painting villages in Việt Nam will go on display at the central city’s Fine Arts Museum in celebration of Heritage Day from November 22-30.
Bac Ninh Province: Dong Ho folk painting needs urgent safeguarding

Bac Ninh Province: Dong Ho folk painting needs urgent safeguarding

(VEN) - Dong Ho folk painting village, located in Dong Khe Hamlet, Song Ho Commune, Thuan Thanh Town, Bac Ninh Province, boasts an over-400-year history. Its origin is tied to the Vietnamese tradition of hanging paintings during the Lunar New Year (Tet), the Mid-Autumn Festival, and ancestor worship.
Quang Nam to host UN international conference on rural tourism

Quang Nam to host UN international conference on rural tourism

The central coastal province of Quang Nam is scheduled to host the UN Tourism’s first Conference on Tourism for Rural Development on December 10, expected to bring together around 300 delegates, including government officials, international organisations, tourism stakeholders, and private sector representatives.
Agritourism needs opportunities to “take off”

Agritourism needs opportunities to “take off”

Vietnam, with its developed agriculture, holds huge potential to development rural and agricultural tourism. However, this type of tourism has yet to receive appropriate attention, and is still waiting for suitable policies and right opportunities to “take off”, insiders have said.
Golden time for community-based tourism development

Golden time for community-based tourism development

(VEN) - Community-based tourism is a model in which local communities provide tourists with products and services and share the benefits generated by tourism.
Christmas Festival to entertain visitors to Đà Nẵng

Christmas Festival to entertain visitors to Đà Nẵng

A public space in celebration of Christmas Day and New Year – Danang X’mas-New Year – will be opened at the pedestrian area and stages on the Hàn River banks near the Rồng (Dragon) Bridge from December 19 to January 2, offering entertainment and festive activities for all residents and visitors.
Mobile Version