Tra fish companies see profits slump in pandemic

Multiple tra fish companies suffered losses due to falling export prices and lower orders, focusing instead on the domestic market amid the COVID-19 pandemic.

Tra fish industry strives to increase domestic market share The Ministry of Agriculture and Rural Development opened an event in Hà Nội on Tuesday to promote the domestic consumption of tra fish products.

Seafood sectors urged to diversify products Since the beginning of the year, exports of the two main seafood products of Viet Nam in tra (pangasius) fish and shrimps have declined sharply. 

VN to strengthen simplification of business regulations in 2020-25 period Việt Nam would strengthen the removal and simplification of business regulations in the next five-year period to create favourable condition for enterprises and promote their development as driver for socio-economic growth.

Aquatic companies’ profits hurt by disease Fishery enterprises’ first-quarter profits were hit hard due to negative impacts of the COVID-19 outbreak.

Exports of agricultural, forestry and aquatic products down The items that saw a drop included rubber, tea, pepper, fruits, tra fish and shrimp.

US cuts anti-dumping taxes on Vietnamese catfish products

The US Department of Commerce (DOC) has lowered anti-dumping duties on tra fish (pangasius) products from Vietnam

Tra fish exports to US, China rise in March Việt Nam’s tra fish exports to some major markets like the US and China are gradually increasing though the fisheries industry is still struggling to cope with the fallout of the Covid-19 pandemic.

Export of agricultural products to China show positive signs, says businesses Trade and customs clearance of agricultural products at border gates on the border with China got back to normal but slow due to strict adherence to regulations of preventing the outbreak of COVID-19 virus.

Seafood exporters floundering due to COVID-19 A survey by the Việt Nam Association of Seafood Exporters and Producers (Vasep) found that the novel coronavirus (COVID-19) pandemic was hitting seafood companies hard, especially since the beginning of March.