Vietnam's seafood export value recovered in August 2022, amid a sharp decline in shipping costs.
The increase in sales has occurred as global freight costs have dropped from all-time highs recorded earlier this year. The cost for sending a container of shrimp from Vietnam’s Ho Chi Minh City to ports in the U.S. West Coast dropped to around ...
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U.S. authorities are in process of reviewing antidumping duty orders on shrimp from India, China, Thailand, and Vietnam and will ultimately determine whether duties will continue to be imposed.
This is the third five-year review – or sunset review as called by the U.S. Department of Commerce (DOC) – that has ever been conducted since the imposition of the U.S.' antidumping regime in 2005 ...
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The U.S. Food and Drug Administration (FDA) refused shrimp entry lines from India, Hong Kong, and Vietnam in August 2022 due to their contamination by banned antibiotics.
Combined, the refusals accounted for 11.6 percent of the 43 seafood entry line refusals in the month, according to the Southern Shrimp Alliance, which tracks data from the FDA ...
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Strengthening Vietnam’s capability and capacity for value-added processing will be essential if the country hopes to maintain its competitive advantage in the global shrimp markets, according to Fimex (Sao Ta) Chairman Ho Quoc Luc.
In his presentation at the 2022 Vietfish International Fisheries Exhibition on 25 August in Ho Chi Minh City, Luc said the global shrimp market is getting much more competitive. Ecuador, India, Vietnam,
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Singapore-based Barramundi Group is considering options to divest from its operations in Australia.
The company, which bills itself as the world’s largest farmer of barramundi, said talks are under way to find a strategic partner for its Australian operations, but that the company is also evaluating the possibility of completely divesting from the country, following discussions with potential investors.
In April 2022, Barramundi sought
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Vietnam saw its tuna export value to Canada and the E.U. surge in July 2022, but sales to the U.S. slowed due to high inflation, according to Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s exports to Canada in the month were worth USD 6 million (EUR 5.9 million), an increase of 234 percent year-on-year – making it the market with the highest sales growth within the Comprehensive and Progressive Agreement
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Thai Union and its subsidiary Chicken of the Sea Frozen Foods are forming a partnership with U.S. company The ISH Food Co. to market plant-based seafood products.
In a press release, The Ish Food Co. said it hoped to capitalize on the marketing and distribution channels of Thai Union and Chicken of the Sea Frozen Foods to advance sales of its plant-based seafood analogs, lead by its Shrimpish brand.
"Our corporate venture business arm has been
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An Giang, Vietnam-based pangasius firm Nam Viet Joint Stock Company (Navico) will invest an additional VND 38 billion (USD 1.62 million, EUR 1.63 million) in its collagen and gelatin plant being built in the south of Vietnam, according to a company resolution passed 20 August.
The additional funds will help raise the charter capital of Amicogen Nam Viet, a joint venture between Navico and South Korean Amicogen created to implement
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India’s government is projecting the country will earn USD 8.8 billion (EUR 8.85 billion) from seafood exports in the 2022 fiscal year, buoyed by strong second-quarter sales.
Between April and June 2022, India racked up nearly USD 2 billion (EUR 2.01 billion) in seafood exports by volume, up 15 percent year-on-year ...
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Long Xuyên, Vietnam-based Nam Viet Joint Stock Company (Navico) has resumed exporting pangasius to the United States, after leaving the market in 2014.
A senior Navico official confirmed to SeafoodSource on 19 August the company shipped five containers of pangasius to the U.S. earlier in August ...
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