Don't Miss:
28. April 2024
ABOUTADVERTISE CONTACT
   

Tag: seafood

Retail Asia26/02/2024
VIETNAM-seafood-export.png
Food

Seafood exports to key markets rise 64%

2min0
Vietnam’s seafood exports rose by 64% year-on-year in January to nearly US$750 million, with shipments to China, the U.S. and the EU seeing sharp increases. Exports to China tripled, the Vietnam Association of Seafood Exporters and Producers (VASEP) said without providing specific figures. It said China, including Hong Kong, is Vietnam’s second biggest seafood market […]
CONTINUE READING
Retail Asia24/07/2023
la-costco-1024x627.jpg
Food

Costco fined for mislabelling seafood origin

4min0
Costco Wholesale Australia Pty Ltd has paid penalties totalling $33,000 after the ACCC issued it with two infringement notices for alleged false or misleading labelling of the country and place of origin on lobster products and failing to comply with the Country of Origin Food Labelling Information Standard. In early January 2023, Costco sold two […]
CONTINUE READING
Retail Asia20/06/2023
seafood-1280x719.jpeg
Food

Seafood exporters situation more dire than during Covid

2min0
Seafood exporters are seeing orders plummet and facing even greater difficulties than during the Covid-19 pandemic. In the first five months of this year their exports fell by 28% to $3.37 billion and companies saw a decline of 20-50% in export orders, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). Prices too […]
CONTINUE READING
Retail Asia11/05/2023
king-crab-1280x960.jpeg
Food

King crab prices skyrocket as supply dries up

3min0
King crabs have risen to their highest prices ever of VND2.5-3 million (US$106-128) a kilogram, following a 30% increase since the end of last year. Loan of HCMC’s District 5 tried to buy a king crab for her son’s birthday last week, but was shocked when she discovered the price. “It was VND1.9 million a […]
CONTINUE READING
Retail Asia22/04/2023
seafood-1280x719.jpeg
Food

Seafood exports plummet

3min0
Seafood exports to most major markets have fallen by 17-50% this year. According to the Vietnam General Department of Customs, shipments to the U.S. fell by more than 50% year-on-year to US$284 million. Exports to Australia were down 30% to $65 million. Despite China’s reopening, exports to this market were worth only $279 million, 23% […]
CONTINUE READING
Retail Asia27/03/2023
seafood-1280x719.jpeg
Food

Aldi named Best Sustainable Seafood Supermarket

3min0
Aldi has overtaken Sainsbury’s as the most sustainable supermarket for seafood, according to MSC league tables released today. Though Sainsbury’s remained top of the NGO’s table in terms of the volume of MSC-certified products, the percentage of Aldi’s seafood range that was MSC certified rose from 69% last year to 79%. Some 76% of Sainsbury’s […]
CONTINUE READING
Retail Asia27/02/2023
cooked-maine-lobster-1280x853.jpeg
Food

Vietnamese favor Canadian lobsters, snow crabs

3min0
Vietnam spent US$65 million importing Canadian seafood, mainly lobsters and snow cabs last year, doubling 2021 imports and trebling 2020. Among Southeast Asian countries, Vietnam was Canadian’s biggest seafood importer, Steve Craig, Minister of the Department of Fisheries and Aquaculture of the Canadian province of Nova Scotia, said at a recent business networking event in […]
CONTINUE READING
Retail Asia21/02/2023
VIETNAM-seafood-export.png
Food

Seafood exporter Minh Phu reports surge in profits

1min0
Minh Phu Seafood Corp., a leading shrimp exporter, reported consolidated after-tax profits of nearly VND840 billion (US$35.6 million) last year, up 27% from 2021 and its highest since 2015. Its revenues rose by 20% to VND16.43 trillion. According to the Vietnam Association of Seafood Exporters and Producers, shrimp exports were worth a record $4.3 billion […]
CONTINUE READING
Retail Asia05/12/2022
garment-factory-1024x682.jpg
General

Canada imports 50% more Vietnamese garments, seafood

2min0
Vietnamese garment and seafood exports to Canada have surged 50% year-on-year, totaling values of $1.1 billion and $334 million, respectively. As the two categories saw the most significant increases in exports to Canada of the last three years, other categories such as wood, chemicals, metal, cashew nuts, handbags, and machines also recorded growth of between […]
CONTINUE READING
Retail Asia28/11/2022
VIETNAM-seafood-export.png
Food

Vietnam’s seafood exports nearing $11 bln in 2022

2min0
Vietnam’s seafood exports this year could reach $11 billion for the first time, spearheaded by shrimp, pangasius and tuna, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). Truong Dinh Hoe, VASEP general secretary, said at a conference in HCMC Saturday that by November, seafood exports had already crossed $10 billion, so by […]
CONTINUE READING
Retail Asia17/10/2022
vietnam-seafood-1024x683.jpg
Food

Tra fish exports to ASEAN rise by 83%

2min0
Vietnam’s tra fish exports to Southeast Asia exceeded US$152 million in the first nine months of this year, a year-on-year increase of over 83%. Higher transport costs due to rising fuel prices caused exporters to opt for closer destinations, the Vietnam Association of Seafood Exporters and Producers (VASEP) said, adding that Thailand, Singapore, Malaysia, and […]
CONTINUE READING
Retail Asia14/10/2022
vietnam-seafood-export.jpg
Food

Global inflation hits major seafood exporters

3min0
Rising global inflation caused sales of two major seafood exporters Vinh Hoan and Sao Ta to plunge as consumers in their main markets tighten spending. Vinh Hoan, a pangasius export giant, saw September revenue plunging 28% from August to VND917 billion ($37.96 million), its biggest decline in eight months. Exports to the U.S. dropped 37% […]
CONTINUE READING
Retail Asia05/10/2022
vietnam-seafood-export.jpg
Food

Seafood exports to US surge 22% in 9 months

2min0
Vietnam’s seafood exports to the U.S. rose 22% year-on-year to $1.8 billion in the first nine months as Americans remain the biggest buyers of Vietnamese seafood. Exports to China surged 76% to $1.35 billion, while to the EU the value went up 41% to $1 billion, according to the Vietnam Association of Seafood Exporters and […]
CONTINUE READING
Retail Asia29/08/2022
VIETNAM-seafood-export.png
Food

Seafood exports growth slows due to global inflation

2min0
Vietnam’s seafood exports have been slowing down since July as inflation takes a toll on consumption in the U.S., E.U. and U.K. Exports to the U.S. declined by 30.5% year-on-year in July after inflation in that country hit a 41-year high the previous month, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). […]
CONTINUE READING
Retail Asia25/08/2022
VIETNAM-seafood-export.png
Food

Leading seafood firm to issue 1:1 bonus

1min0
Major listed seafood exporter Minh Phu Seafood JSC is set to issue bonus shares at a ratio of 1:1. It is expected to be done this year by capitalizing reserves, and will double the company’s charter capital to VND4 trillion (US$170.9 million). Minh Phu also plans to pay a cash dividend of VND2,300 per share. […]
CONTINUE READING
Retail Asia18/08/2022
Crab-1280x960.jpeg
Food

Crab exports skyrocket

2min0
Vietnam crab exports rose 41% to $111 million between Jan. 1 and July 15 this year, according to data from the Vietnam Association of Seafood Exporters and Producers (VASEP). The U.S, China, Japan and France were the four major markets accounting for 92% of the value. China was the fastest growing market as exports surged […]
CONTINUE READING
Retail Asia22/07/2022
seafood-shrimp-export.jpg
Food

China scraps Covid bans on Vietnamese seafood

2min0
Chinese authorities will no longer penalize Vietnamese seafood exporters with a temporary ban if their containers are found contaminated with Covid-19, that country’s embassy in Hanoi has said. Exporters used to face a seven-day ban for every container of theirs found contaminated with the coronavirus. A seafood exporter who was once banned for three weeks said […]
CONTINUE READING

Older Posts

About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.

CONTACT US
CALL US ANYTIME
Most read
Retail updates

Stay up to date of the lates updates and retail news from Asia.






X