Hanoi (VNA) – Another 12 Vietnamese catfish exporte🅘rs are now 🌳eligible to ship their products to the US, pushing the total number of eligible firms to 57.
The National Agro-Forestry-Fisheries Quality Assurance Department said there are four more firms on the waiting list, and the agency would work with the US Department of Agriculture’s Food Safety and Inspection Service to speed up the verification process.
The US is the biggest import market for Vietnamese Tra fish with a stable demand and good prices.
As of May 15, Vietnam shipped 130 million USD worth of Tra fish to the US, up 7.6 percent compared to the same period last year.
The export volume is expected to see a year-on-year increase of between 10 and 15 percent in the next quarter.-VNA
The United States has released a list of eligible catfish exporters of four countries, including Vietnam, who could ship their products to that country.
The US has pledged that the implementation of US regulations will not hinder Vietnam’s tra fish exports to the market, said Deputy Minister of Agriculture and Rural Development Vu Van Tam.
The US Senate’s approval of a bill that would repeal the US Department of Agriculture’s catfish inspection programme is good news for Vietnam’s tra fish industry.
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A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
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The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
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The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Tra fish are proccessed for export (Photo: VNA)
