HCMC – An additional 23 Vietnamese businesses are eligible to export aqua products to China, as approved by the Chinese General Administration of Customs.
The China Import Food Enterprise Registration system officially announced this, increasing the total number of qualified Vietnamese exporters to 800, said Vietnam’s Ministry of Agriculture and Rural Development today in February 2.
This highlighted the efforts of the authorities and departments under the Ministry of Agriculture and Rural Development during the Tet holiday in connecting and negotiating with the Chinese authorities to promptly remove technical hurdles and expand the market share of Vietnam’s agro-forestry-fishery products.
According to VASEP, China is now one of the Vietnam’s major aqua-product buyers, as tra fish exports to the country made up 30% of the total export value and China is also one of the five biggest buyers of Vietnamese shrimp.
China’s reopening its border gates on January 8 and relaxing its Covid-19 policy will create favorable conditions for Vietnamese enterprises to accelerate their exports to this country, making up for a drop in the number of orders from the G7 markets due to the economic downturn in these countries.
Vietnam’s exports achieved just US$600 million in January, declining 31% over the same period last year. Many of Vietnam’s key export products declined, such as tra fish exports, down by 50%, shrimp by 46% and tuna by 32%.