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| Shrimp exports are forecast to reach 3.4 billion USD in 2023 (Photo: VNA) |
The turnover of country’s export of the product topped 310 million USD in November, an increase of 3.5% year on year.
VASEAP has forecasted that shrimp exports in 2023 will be 3.4 billion USD, 21% lower than 2022’s figure.
Shrimp exports are still influenced by price competition in the context of excessive supply and low selling prices in the world. Exports to most of major markets were lower than the same period last year, except for some small markets.
The US remained Vietnam’s largest importer, followed by Japan, the UE, and the Republic of Korea (RoK).
According to VASEP, shrimp prices will see upward trends in the remaining time of the year in the EU, Southeast Asia and the Far East as major festivals are coming.
The Centre for Digital Transformation and Agricultural Statistics under the Ministry of Agriculture and Rural Development said that in the first 11 months of 2023, the aquaculture output is estimated to reach over 4.9 million tonnes, up 4.2% over the same period in 2022.
The centre revealed that raw shrimp prices in the Mekong Delta provinces increased in November 2023, especially for large-sized shrimp, but the supply was not much due to a decrease in prices.
Da Nang welcomes first flight from Manila
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| Philippine visitors welcomed at Da Nang International Airport. (Photo: VNA) |
Flight 5J 5756 of low-cost airline Cebu Pacific Air, carrying 177 passengers from Manila, landed at the Da Nang International Airport on December 7, making it the first flight from the Philippine capital to the central city of Da Nang, according to Vietnam News Agency.
The passengers were welcomed to a stellar art programme, and received souvenirs and free vouchers to experience services at Felix e-gaming and Sky 36, as well as attend an Ao dai (Vietnamese traditional long dress) show. Meanwhile, free round-trip tickets on the Manila-Da Nang route were given to three luckiest people.
Vice Chairman of the municipal People’s Committee Tran Chi Cuong said that the Philippines is one of the new and potential market of the city’s tourism, adding the opening of the direct route connecting is an outcome of the city’s successful organisation of the Asian route development forum 2022 (Routes Asia 2022).
On that occasion, the municipal Department of Tourism welcomed famtrips, press trips and KOLs from the Philippines, who came to experience and explore Da Nang’s tourism services so as to build suitable tours to serve the tastes of Philippine visitors.
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| Delegates cut the ribbon to welcome the new route from Manila to Da Nang city. (Photo: VNA) |
After studying the market, Cebu Pacific Air decided to launch the first air route between Manila and Da Nang, with three flights a week on Tuesday, Thursday, and Saturday. Da Nang is the third city in Vietnam that the Philippine airline has chosen to open a direct flight, following Hanoi and Ho Chi Minh City.
According to the Da Nang International Terminal Investment and Operation JSC (AHT), as of December 7, Da Nang had 16 international direct air routes.
With the frequency of 45-50 flights per day, the international flights have helped promote trade and economic connectivity between Da Nang and foreign countries.
Cashew exporters from Ivory Coast explore cooperative opportunities with Binh Phuoc
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| N'guettia Assouman, president of Cashew Exporters Association of Ivory Coast speaks at the working session. (Photo: VNA) |
A delegation from the Cashew Exporters Association of Ivory Coast (AEC-CI) held a working session with representatives from the Cashew Association of Binh Phuoc province on December 7 on cooperation possibilities between the two sides, according to Vietnam News Agency.
The southeastern province of Binh Phuoc has more than 150,000 ha of cashew, accounting for nearly 50% of the total area under the trees in the country. It also leads the country in cashew nut processing capacity. However, local raw materials supplies have met only about 30% of the province’s processing capacity while the remaining 70% is imported from Indonesia, Cambodia and Africa.
AEC-CI President N'guettia Assouman said that Ivory Coast produces about 1.2 million tonnes of raw cashew nuts a year. Of these, 800,000 tonnes are shipped abroad.
Assouman said he wishes to cooperate with businesses of Binh Phuoc in particular and Vietnamese firms in general, adding that AEC-CI commits to protecting buyers from Vietnam and it expects similar action from the Southeast Asian country.
Assouman also voiced hope for trust building, limiting risks and fraud, and exchanging information with Vietnamese partners more often in the coming time.
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| Photo for illustration |
At the event, businesses and cashew exporters expressed the desire for both sides to standardise contracts to minimise contract disputes, improve product quality and ensure reasonable prices.
Vu Thai Son, Chairman of the provincial Cashew Association, said in the coming time, Binh Phuoc plans to support and create favourable conditions for businesses who engage in trade cooperation with cashew-growing countries to ensure stable supplies of imported raw materials, meeting the demand of businesses in the locality and minimising risks in terms of price and quality of inputs.
Dubbed as the “cashew capital” of Vietnam, Binh Phuoc exported 171,000 tonnes of cashew nuts last year, down 16.75% year-on-year and imported 750,000 tonnes, a decrease of 27.37% year-on-year./.