Hanoi (VNA) – Shrimp exports to Australia increased strongly in 2019, expanding at a two-digit growth rate, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). Shrimp exports to Australia reached nearly 121 million USD by December 15, 2019, representing a rise of 12.6 percent over the same period of 2018 – the highest rate among the top ten shrimp export markets of Vietnam. Australia was the seventh largest shrimp export market of Vietnam, according for 3.8 percent of Vietnam’s total shrimp export revenue. Shrimp exports to Australia have seen strong recovery since April 2019, after posting a decline in 2018. Especially, July saw the highest increase of 56 percent, with November at a rate of 45 percent. For many years, Vietnam was the largest shrimp exporter to Australia, accounting for 42 percent of Australia’s shrimp imports, followed by China with 23 percent and Thailand with 22 percent. Both Australia and Vietnam are … [Read more...] about Shrimp exports to Australia rise strongly in 2019
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VASEP has requested DoC to quickly review the preliminary results to adjust it reasonably and in a timely manner to be fair with FIMEX and Vietnamese shrimp exporters. According to VASEP, although the preliminary results have not yet been applied and may change in the final round, they may have a significant impact on importers’ psychology in the US as well as on the shrimp export activities of Vietnamese enterprises, affecting trading transactions between the two parties, especially while waiting for DoC’s final results. … [Read more...] about VASEP requests DoC to re-calculate anti-dumping tax on shrimp
Even if there is no official information from CBP, these allegations caused Minh Phu's stock to drop heavily, losing 20 per cent of its value over a single week, falling from VND43,000 ($1.9) to VND33,800 ($1.5) per share, which resulted in more than VND1.2 trillion ($52.17 million) of its market capitalisation "evaporating". … [Read more...] about Is Minh Phu evading anti-dumping duties on shrimp from India?
Visitors board a rowing boat to explore bat swamps where fruit bats nest. — VNS Photo Thu Hang Jan Bordewijk, a tourist from Holland, said: “An eco-tour to Can Gio on a speedboat was nice. To me it was a bit like the Amazon area in Brazil. I saw a lot of mangroves, trees and big rivers. It's a pity we could not see some animals because it was not the best time of the year." … [Read more...] about Can Gio’s mangrove forests a haven for stressed-out travellers