Vietnam - Korea will soon negotiate and open the market for agricultural and aquatic products

Minister of Industry and Trade Tran Tuan Anh took time to answer the press on the results of the mission accompanying Prime Minister Nguyen Xuan Phuc to attend the ASEAN-Korea Commemorative Summit and the MeKong - Korea Summit combined to pay an official visit to Korea (HQ), on 24-28 November 2019.

Invest, improve Pangasius quality to sustainably compete

Our country's pangasius industry needs to continue investing and improving quality in order to be able to compete sustainably not only in the US market but also in all remaining markets.

The price of pangasius export to Colombia is not attractive to Vietnamese businesses

As of the first half of November 2019, the total value of Pangasius exports to Colombia reached 40.5 million USD, down 24.4% over the same period last year.

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.