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Vietnamese shrimp for export. (Photo: VASEP)

Deputy minister highlights VASEP’s key role to overcome commercial barriers

Click on the flag for more information about Viet Nam VIET NAM
Friday, June 15, 2018, 02:50 (GMT + 9)

The seafood companies should work closer with various ministries such as trade and industry and foreign affairs to overcome trade barriers hindering Vietnamese seafood exports.

This was expressed by Deputy Minister of Agriculture and Rural Development Trần Thanh Nam during the 20th anniversary celebrations of the Việt Nam Association of Seafood Exporters and Producers (VASEP) in HCM City, VNS informed.

The official praised its efforts made by VASEP in the last two decades to apprise seafood producers about the market situation, advocate favourable policies for them and help exporters overcome technical barriers in major markets like the US and EU.

But he also called on VASEP to work together with related associations and ministries for exporters to overcome tougher challenges they will have to face.

In the case of the US, apart from the high tariff related to anti-dumping duties on Vietnamese shrimp imposed by the US Department of Commerce (DOC), including a tariff of 25.39 per cent, Vietnamese shrimp products imported into the US will have to comply with newer and stricter regulations under the US’ Seafood Import Monitoring Programme (SIMP) for shrimp and abalone set to be implemented from the beginning of next year.

As to the UE, VASEP chairman Ngô Văn Ích pointed out that this year seafood exports are likely to be affected by the EU’s yellow card for Việt Nam due to illegal, unreported and unregulated fishing.

In this context, the leader said his organisation would continue to support seafood exporters and producers with market research, brand building and promotional activities to boost exports.

VASEP’s assistance would also include helping seafood firms gain access to new technology and production techniques to improve product quality.

Despite many challenges, Việt Nam’s seafood exports hit a record USD 8.3 billion last year, a year-on-year increase of 18 per cent.


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