Exports of tuna, one of Viet Nam's key seafood export products, are expected to continue rising in the coming months, due to the growing demand from the US, EU, Israel and Canada, says the Viet Nam Association of Seafood Exporters and Producers.

The US has remained a large market for Vietnamese tuna exports, buying over US$50 million worth of the product in the first quarter, a year-on-year rise of 11 per cent.

Tuna exports have seen growth in both volume and value this year, with the average price of the product reaching $5.26 per kilo.

To further improve the product's competitiveness, the Viet Nam Fisheries Association is planning to establish a national organisation to oversee offshore tuna fishing. The organisation was expected to propose suitable forms of co-operation between fishing vessel owners and exporters to ensure the profits of fishermen.

The People's Committee of central Phu Yen Province has also signed a framework co-operative agreement with Japanese companies to boost the purchase, processing and export of tuna. Under the terms of the agreement, the Japanese enterprises will send two freezer ships to semi-process and preserve fresh tuna,transfering advanced fishing technology to local fishermen.

April 23^rd, 2011

Source: vneconomynews.com

• USTR Makes Findings and Proposes Action in 60 Section 301 Investigations Relating to Failures to Take Action on Trade in Forced Labor Goods
• [VCCI] The US officially initiates a Section 301 Investigation into Vietnam on Intellectual property
• General Secretary and President To Lam's working visit to three ASEAN countries: Demonstrating the stature of proactive and constructive diplomacy.
• Viet Nam accelerates innovation drive as skilled workforce becomes key to science and technology growth
• The US is increasing controls on AI chip exports