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Agifish, a major seafood company, reported a second straight year of losses in 2018 as both exports and domestic sales fell. The recently released 2018 audited financial report of one of Vietnam’s 10 largest seafood export companies puts its loss at VND178…
Singapore-headquartered multi-dining concept food and beverage operator Jumbo Seafood has opened its first franchised seafood restaurant in Bangkok. The 9500sqft venue is the group’s fifth franchised location worldwide, with other outlets established in…
Truong Dinh Hoe, general secretary of the Vietnam Association of Seafood Exporters and Producers (VASEP), noted that the seafood volume sent to the European Union (EU) will drop as both exporters and importers will suffer from more time-consuming customs…
Almost unnoticed, ASEAN is emerging as big market with big potential for Vietnamese seafood, industry insiders say. Vietnam exported $612 million worth of seafood last year to ASEAN countries, 9.2 times the $66 million in 1998. Local media reports have cited…
Saudi Food and Drug Authority (SFDA) has decided to temporarily suspend the import of fish and shrimps from Việt Nam. The ban, effective from March 1, is in accordance with the regulatory procedure for fish and other aquaculture export establishments of SFDA,…
The Vietnam Association of Seafood Exporters and Producers (VASEP) is showcasing Vietnamese seafood products at the Seafood Expo Global, which is being held in Brussels, Belgium, from Tuesday to Thursday. In a 264sq.m. booth, the association introduced Viet…
Seafood exports are expected to increase by 5 per cent this year to around US$7.5 billion despite many possible hurdles, according to the Việt Nam Association of Seafood Producers and Exporters (Vasep). Speaking at a review meeting held in HCM City on…
Finnair is gearing up for expansion, and preparing for a difficult market, with Asia playing a significant part in its plans. Currently, cargo makes up only 17% of Finnair’s revenues, and it’s a part of the airline’s strategic plan to increase that number,…
In 2013, Marine Gold Products, one of the largest shrimp exporters in Thailand, lost big money on meeting its export commitments. As early mortality syndrome (EMS) caused Thai production to dive, raw material prices rocketed. EMS caused production to dive…
Indonesian government, through the Coordinating Ministry for Maritime Affairs and Resources, will work to expand the seafood market to England and North Ireland as part of an MoU for maritime cooperation signed by the two countries in July 2015. “The UK is…
A large-scale investigation spanning multiple continents has revealed that top seafood retailers and restaurants around the world were using products that were tainted with forced slave labour, originating from Thailand’s seafood peeling factories. The Gig…
Hong Kong’s enormous appetite for seafood and its role as a hub for the global seafood trade is having an unfortunate impact on endangered fish species. Chinese cuisine prizes seafood, so it’s perhaps not surprising that per capita seafood consumption in Hong…
Just in time for the winter season, opens today on the picturesque Tsuen Wan waterfront. The 116-seat eatery features an indoor restaurant and bar area, as well as outdoor seating on a terrace overlooking the South China Sea. Complete with contemporary décor,…
Nestle SA, among the biggest food companies in the world, launched the investigation in December 2014, after reports from news outlets and nongovernmental organizations tied brutal and largely unregulated working conditions to their shrimp, prawns and Purina…
