Seafood exports to the EU in the first half of 2021 have a high growth rate of 20%. However, there are two reasons that are forecast to cause difficulties for seafood exports to the EU.
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According to experts, the weakness of Vietnam's economy comes from internal risks, like the speed and level of development investment, infrastructure "bottlenecks" and the outbreak of pandemic in HCM City - the economic locomotive of the country.
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The amount of import and export goods is increasing daily, while road transport reveals many shortcomings, water transport is considered a "salvation" to maintain supply chains and reducing logistics costs for businesses.
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Due to the pandemic, the quarantine agency recommends that enterprises check at the port, for large shipments that must be brought to a separate warehouse outside of Ho Chi Minh City, this unit will perform checks online.
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Assessing that there is still plenty of room for seafood export development, the Vietnam Association of Seafood Exporters and Producers (VASEP) expects export turnover to reach US$12 billion by 2025.
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Talking to the press about increasing logistics costs over the past time, Tran Thanh Hai, Deputy Director of the Import-Export Department (Ministry of Industry and Trade) emphasized that import-export enterprises which have to face many difficulties and are facing many difficulties try to stay productive. If more factors push up the price crisis, some firms will not be able to endure any more.
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Nearly four years of being warned by the European Commission (EC) with a "yellow card" for illegal, unreported and unregulated (IUU) fishing activities have resulted in a sharp decrease of Vietnam's seafood exports into the EU. To get the "yellow card" removed, one of the important tasks is to completely stop Vietnamese fishing vessels violating foreign waters.
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Currently, most administrative procedures related to import and export activities, especially those that have a great impact on businesses and people, have been connected and implemented through the National Single Window (NSW). The important issue in the current context is to further improve its quality.
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Export of vegetables and fruits is forecasted to face many difficulties in the third quarter of 2021, and it will not prosper until the fourth quarter of 2021. However, this year's fruit and vegetable exports are assessed by the Ministry of Industry and Trade to still reach the target set at the beginning of the year with a figure of about US$3.5-3.6 billion.
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On this day 245 years ago, the United States declared its independence in the midst of a hard-fought campaign to ensure that a people must be able to choose their own government, and to secure for Americans the universal rights of life, liberty, and the pursuit of happiness. A typical Fourth of July in my hometown of Barnstable, Massachusetts, is spent enjoying a barbecue with family and friends, while fireworks light up the night sky above.
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