Thursday, October 27 2016


Iceland shares seafood smarts

Update: November, 07/2015 - 09:22

HCM CITY (VNS)— Icelandic President Olafur Ragnar Grimsson shared his country's experience in fishing and seafood processing at a workshop held in HCM City yesterday.

According to the President, fishing and aquatic processing are Iceland's strengths, and the industry has proven to be profitable.

At present, many seafood businesses in Iceland are applying modern methods to turn the sector into a hi-tech industry with substantial contributions to the local economy.

President Grimsson also emphasised the importance of enhancing the quality and trade value of fish products.

He stressed that it was a good time for Viet Nam and Iceland to co-operate in the field, adding that it would help Viet Nam fully tap its potential and gross high profits.

Viet Nam's fishing and aquatic processing sector has posted an annual average growth of about 15 per cent in recent years, significantly contributing to the national gross domestic product (GDP) and exports, according to Vice Chairman of the Viet Nam Chamber of Commerce and Industry (VCCI) Vo Tan Thanh.

However, the sector's development failed to match its potential due to low-capacity vessels and out-of-date equipment, he said, stressing that co-operation between Viet Nam and Iceland in the field would benefit both sides.

Deputy Minister of Agriculture and Rural Development Vu Van Tam said Iceland 's experience was useful for local managers, researchers and businesses to study fishing grounds and preserve aquatic products.

Co-organised by the VCCI and Iceland's investment and trade promotion agency, the workshop enables Vietnamese firms to receive updates on cutting-edge technologies and seek partners from the European country. — VNS

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