Japanese Ambassador Ito Naoki said the loan underscores the Japanese government’s strong commitment to supporting Việt Nam in achieving its Nationally Determined Contribution targets, advancing green growth.
According to data from the Viet Nam Association of Seafood Processing and Export (VASEP), shrimp export turnover in the first two months reached 690 million USD, an increase of 20% compared to the same period last year.
According to the Viet Nam Textile and Garment Association, the industry aims to achieve approximately 49 billion USD, equivalent to an increase of about 6% this year.
Successfully making its way onto the sushi conveyor belt is just the beginning. With the advantage of being boneless and having a competitive price, Vietnamese pangasius is opening its doors to "cover" the Japanese market through deep-processed products.
Viet Nam’s exports to the United States continue to post strong growth across key sectors, though intensifying competition and tighter trade measures are putting pressure on businesses to strengthen compliance and risk management.
The agreement is expected to significantly strengthen trade and investment links between Việt Nam and Switzerland, as well as between Việt Nam and EFTA members, while enhancing regional supply chains and promoting sustainable growth.
US regulatory agencies are increasing controls on imported seafood, focusing on antibiotic residues, compliance with HACCP food safety systems, and traceability requirements.