15% or 20% tax: Seafood processing Enterprises are confused and waiting to be resolved

Recently, VASEP has received feedback from some businesses on the fact that local tax authorities do not uniformly apply corporate income tax (CIT) rates for processed seafood products. Some localities apply 15%, but others charge 20%. This year, when the world seafood market is facing many difficulties, many businesses do not reach the planned growth rate, the application of 20% for seafood products which are essentially processed goods will greatly affect to the business.

China continues to be a billion dollar market of Vietnamese seafood

In the first 10 months of this year, seafood export value decreased, due to a large reduction in important markets such as the US, EU ... But exports to China have grown well.

Vietnam Expo Hanoi - International fair for machinery and electronics, food and beverage

VIETNAM EXPO has been an annual event since its first show in 1991. The Government of Vietnam assigned the tasks of organization to the Ministry of Industry and Trade, specifically Vietnam Trade Promotion Agency, in cooperation with VINEXAD JSC.

Pangasius exports to Russia decreased by 30.9%

In the first seven months of 2019, total white meat fish imports of Russian still increased, by 12.43% over the same period last year. In particular, imports of cod and pollock still grew well; The import of frozen pangasius fillet (HS code 0304) increased slightly by 3%, while that of frozen whole pangasius (HS code 0303) decreased sharply by more than 29%.

Farming pangasius for export cleany from fingerlings to the dining-table.

China is an important market for many Vietnamese pangasius exporters. This market accounts for an increasingly larger proportion of Vietnam's pangasius export structure.