Business Daily Media

The Times Real Estate

.

Vietnam agricultural products’ quality to meet Chinese high standards

HA NOI, VIETNAM - Media OutReach Newswire - 17 December 2024 - Vietnamese eel exporters have focused on enhancing quality standards to meet the stringent demands of international markets.

Mud-free eel farming model using composite tanks
Mud-free eel farming model using composite tanks

This commitment ensures the competitiveness of Vietnamese eels in high-value markets, paving the way for further expansion and solidifying Vietnam's position as a global player in the eel export industry.



Leveraging advantages to expand exports

In recent years, Vietnam's eel farming and export industry has experienced rapid growth, establishing a relatively complete industrial chain encompassing breeding, farming, feed manufacturing, processing and export. Annual eel production is estimated at 50,000 to 60,000 tonnes, with the majority concentrated in the Mekong Delta provinces, including Dong Thap, An Giang, Hau Giang, Tien Giang and Can Tho. These regions boast ideal natural conditions for eel farming.

Eel farming has become a key aquaculture component, creating numerous jobs, alleviating poverty and boosting incomes in rural areas. The adoption of innovative techniques, such as mud-free eel farming in composite tanks, has further enhanced productivity and efficiency.

Eels are a popular freshwater aquatic species worldwide. Vietnamese eels (Monopterus albus) are highly regarded for their nutritional value and adaptability to freshwater environments. They are especially prized for their nutritious meat, which is rich in protein, vitamins and minerals. Often referred to as 'ginseng of the water,' eels are favoured for their health benefits and exquisite taste.

Vietnam's eel exports have surged over recent years. In 2023, total export revenue reached about US$1.7 million, primarily driven by demand in the US and Japan. By 2024, with China emerging as a significant market, several Vietnamese companies gained approval to export eels through official channels.

As of October 2024, Vietnam's eel exports totalled $2.98 million, with a volume of around 670 tonnes. China accounted for nearly half of the exports (300 tonnes), followed by Japan (50 tonnes), the US (38 tonnes) and South Korea (33 tonnes). Export revenue is projected to reach $3.6 million in 2024, doubling the 2023 figures.

Meeting rising standards

Continuous innovation, technological advancement and enhanced management practices are pivotal for Vietnam's eel industry to meet growing market demands and boost exports. State agencies, research institutions and businesses prioritise the development and application of advanced technologies to produce disease-resistant eel breeds, improve breed quality, control farming environments and manage disease outbreaks. These efforts aim to optimise efficiency and product quality.

Seafood enterprises have also diversified processed eel products to better meet the requirements of export markets. Meanwhile, authorities have intensified food safety supervision at both central and local levels and guided the industry toward standardisation.

Eel farms are adopting quality certification systems, including VietGAP and GlobalGAP. Transparent documentation of farming processes, feed origins, medication usage and eel breeds is also required.

Standardised closed-loop farming minimises disease risks, reduces costs and enhances product quality, aligning with stringent international standards. Currently, over 60 Vietnamese seafood companies are certified to export eel products to demanding markets, including the EU, Japan, the US, South Korea and China. The recognition and approval from these markets signal a strong opportunity for Vietnam's eel industry to expand production and scale up exports in the coming years.

Promising prospects for eel exports

The growing demand for high-quality eel among Chinese consumers and Asians in global markets presents significant opportunities for Vietnam's eel export industry to thrive in the coming years.

Along with continuing to exploit and leverage favourable natural conditions, Vietnam's eel farming export industry will improve modern, safe and sustainable farming practices free of antibiotics and heavy metal residues.

Enhanced management systems, traceability and compliance with international food safety standards will give Vietnam's products a competitive edge, especially in stringent markets. Domestic companies are actively exploring new market opportunities, building brand recognition and improving product quality to align with global standards. As a result, Vietnamese eel is increasingly recognised for its quality and ability to meet the preferences of consumers worldwide.

Vietnam's eel export industry expects greater support and collaboration from international regulatory bodies for import approvals and encourages importers to choose Vietnamese eel. This will ensure more global consumers can enjoy high-quality, safe and competitively priced eel products.

Hashtag: #MARD

The issuer is solely responsible for the content of this announcement.

News from Asia

Jollibee Group Opens First Tiong Bahru Bakery in the Philippines

MANILA, PHILIPPINES - Media OutReach Newswire - 23 January 2025 - The Jollibee Group is stepping into the new year with sustained momentum as it inaugurated the first Tiong Bahru Bakery branch i...

Breakthrough Study Highlights INDIBA Proionic 448kHz's Role in Stem Cell Proliferation

SINGAPORE - Media OutReach Newswire - 23 January 2025 - A groundbreaking study has revealed that INDIBA Proionic 448kHz + 20kHz technology significantly promotes the proliferation of Mesenchymal S...

GWM, GO WITH MORE in the New Year - GWM Celebrates White New Year With its Ice&Snow Carnival

BAODING, CHINA - Media OutReach Newswire - 23 January 2025 - As the winter chill sets in and the world transforms into a glistening wonderland, Great Wall Motor (GWM) takes center stage at its spe...

EVM, Solarvest and PECC2 Forge Strategic Partnership to Accelerate Renewable Energy Adoption in Vietnam through the new Direct Power Purchase Agreement Mechanism (DPPA) via National Grid

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 24 January 2025 - A Memorandum of Understanding (MoU) was signed today between, Saigon Jim Brother's Corporation (EVM), Solarvest (Vietnam) Co...

Aon Names Puneet Swani Head of Talent Solutions in Asia Pacific to Accelerate Aon’s Human Capital Strategy in the Region

SINGAPORE - Media OutReach Newswire - 24 January 2025 - Aon plc (NYSE: AON), a leading global professional services firm, today announced Puneet Swani has been named head of Talent Solutions for ...

MSIG Asia Strengthens Leadership Team With Key Appointments To Drive Growth And Underwriting Excellence

Rajnish Pal and Christian Kolmberger join to enhance MSIG’s transformation efforts and to advance its renewable energy strategy in the region. SINGAPORE - Media OutReach Newswire - 10 October 202...

Visa and Fintech DealMe Collaborate to Launch Cross-Border Card Installment Payments

Cardholders with locally issued Visa credit cards in Vietnam will soon have access to real-time installment offers at top merchants in South Korea, enhancing repayment convenience while traveling H...

Wildberries Posts Surge in E-Commerce Sales in Central Asia in 2024

MOSCOW, RUSSIA - Media OutReach Newswire - 24 January 2025 - Wildberries, a leading e-commerce platform in Eurasia, saw a surge in sales turnover for its operations in Central Asia in 2024...

From Page to Stage®: Rousing the Dragon Premieres in March

Re-imagining a Classic Tale of the Three Kingdoms in English; Renowned Theatre Director Dr Vicki Ooi’s 101st Production HONG KONG SAR - Media OutReach Newswire - 24 January 2025 - Widely celebrate...

MSIG Asia And The RiskPoint Group Join Forces To Drive Renewable Energy Insurance Across Asia Pacific

SINGAPORE - Media OutReach Newswire - 24 January 2025 - MSIG Asia Pte Ltd ("MSIG"), a leading general insurance brand in the region, and The RiskPoint Group ("RiskPoint"), one of Europe's largest ...

Mark Bouris’ Top Tips for Effective Networking

As Boa App Introduces ‘Chapters’ for Australian Business owners A vocal champion of the power of networking, renowned businessman Mark Bouris is ...

Retailers combat post-Christmas debt and boost revenue amid changing customer behaviours

As the festive season wraps up, Australian retailers and companies are shifting their focus from holiday sales to addressing the challenges of pos...

When Will Infrastructure Companies See Gains from Generative AI?

A lot of questions are swirling about the state of generative AI right now. How far along are companies with their bespoke GenAI efforts? Are orga...

DLPA partners with Crestcom to bring its leadership training solutions

Dynamic Leadership Programs Australia (DLPA), a leading provider of leadership training and workforce strategy solutions, has joined forces with r...

Infosys and Tennis Australia Create New Generative AI Innovations at the Australian Open 2025

Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, in partnership with Tennis Australia, has unv...

UBH Group Pioneers Australia's Path to Nuclear Sovereignty

Sovereign technology company, UBH Group, has achieved a landmark milestone as the first organisation in the Southern Hemisphere to secure ISO 1944...

Sell by LayBy