Vietfish 2016 exhibition scheduled for early August

Organised by the Vietnam Association of Seafood Exporters and Processors (VASEP), this is the 17th consecutive year that Vietfish has been oragnised to connect domestic and foreign seafood producers and processors.

Under the theme “Asia’s Home of Seafood,” the exhibition will feature 350 booths by companies from Vietnam, Malaysia, Thailand, China, Germany, Japan, the US, Singapore, Indonesia and the Philippines.

During the three day exhibition, conferences will be organised to discuss urgent issues relating to seafood certificates and technology for microbiological control and freezing.

Companies will have access to the most advanced technologies and new trends in the world seafood market to help upgrade production and strengthen business operation.

Along with offering a series of co-operation opportunities, Vietfish 2016 will give customers chances to try special and delicious seafood dishes made from tra fish, shrimp, tuna, cuttlefish and octopus.

The Vietnamese seafood industry, with several State-owned companies, earned an export turnover of US$300 million in the 1990s. Twenty years later, the figure had jumped by 26 times, reaching US$8 billion in 2014. The industry has an average growth of 30% a year.

Currently, the country is ranked third in the list of the biggest seafood producers in the world, following China and India. In terms of exports, it is listed fourth after China, Norway and Thailand.

With diverse products and high volume, seafood processing and exporting has become a key part of Vietnam’s economy, becoming a leading sector in integration thanks to advantages of the Trans-Pacific Partnership Agreement and free trade agreements that Vietnam has signed with other countries.

This year, VASEP predicts total export turnover will reach over US$7 billion, up 6.3% over 2015.