Connecting consumption and boosting exports of agricultural, seafood products to Algeria, Senegal

Thursday, 12/08/2021 15:50
A consultation session about agricultural and seafood exports to Algeria and Senegal was held on August 11, with the participation of over 100 Vietnamese firms, reported Vietnam News Agency.

Coffee growers harvest beans in Gia Lai (Photo: VNA)

The event was jointly arranged by the Department of Trade Promotion at the Ministry of Industry and Trade (MoIT) and the Vietnam Trade Office in Algeria and some African nations.

Vietnamese Trade Counsellor Hoang Duc Nhuan briefed the participants on potential as well as challenges of exports to Algeria and Senegal, especially in agriculture and seafood.

He also introduced ways to seek partners and do transactions and payments in the two African markets, as well as responded to queries of businesses.

Vietnamese export firms are advised to study taste and consumer culture in Muslim countries, and pay attention to a certificate confirming that their products do not contain prohibited ingredients in regards to foodstuff made from cattle and poultry.

The session was part of a webinar hosted by the MoIT to promote agricultural and seafood exports of Vietnam’s southern and Central Highlands localities, and update information on the two potential markets of Algeria and Senegal.

Vietnam, Tanzania seek to increase investment cooperation

Vietnam is willing to share with Tanzania its socio-economic development experiences and lessons, especially in attracting foreign investment and developing its key garment, footwear, and seafood industries, reported VOV News.

Vietnamese Ambassador to Tanzania Nguyen Nam Tien made the statement during a working session with Tanzania’s Investment Minister Geoffrey Mwambe in Dar es Salaam city on August 10.

Tien suggested the two sides soon complete the legal framework for bilateral investment activities and set out orientations as well as some specific cooperation proposals between the two countries in agriculture, education and infrastructure.

In the context of the COVID-19 pandemic spreading far and wide, the two countries’ partners should maintain online meetings to share and exchange information and strengthen connectivity, he said.

Ambassador Nguyen Nam Tien (second from right) and Tanzanian officials pose for a group photo before their working session on August 10. (Photo: VNA)

For his part, Minister Mwambe voiced his support for Ambassador Tien’s cooperation proposals and affirmed Tanzania will continue to work alongside Vietnam to improve the legal framework for investment.

Mwambe highly appreciated the fact that Viettel-invested Halotel has provided telecom services, helping to boost socio-economic development in remote areas of Tanzania. He also expressed his desire to learn from Vietnam’s experience in developing the garment, footwear, rice, aquaculture and seafood processing industries.

Tanzania will act as a gateway for Vietnamese businesses to access the East African Community (EAC) market, the Southern African Development Community (SADC) market, and above all, the 55 African countries in the African Continental Free Trade Agreement (AfCFTA), said the minister.

Pangasius export hits 931 million USD in 7 months

Seafood enterprises exported 70,000 tons of pangasius products, valued at 148 million USD, in July 2021, according to the Ministry of Agriculture and Rural Development.

Photo for illustration. (Source: nld.com.vn)

From the start of the year, pangasius exports reached more than 458,000 tons, worth 931 million USD.

Among the export markets of pangasius products, the sharpest growth was seen in the US, Mexico and Brazil, while the EU, ASEAN, and the UK suffered decreases compared to the same period last year.

Seafood enterprises in the Mekong Delta said that the average export price of pangasius products over the few months reached about 2.11 USD per kg, a slight increase compared to the first months of 2020.

According to forecasts, Vietnam’s pangasius exports in the third quarter of 2021 will continue to grow well, due to increasing world demand and stable supply of pangasius in the Mekong Delta.

Currently, businesses continue to focus on promoting pangasius exports to large and traditional markets such as the US, China and ASEAN. At the same time, they will promote expansion in the of markets in South America and North America./.

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