Turnover of Vietnamese tuna exported to the EU has increased in the double digits since the EU-Vietnam Free Trade Agreement (EVFTA) took effect at the beginning of August.
Turnover from Vietnamese tuna exports to the EU has increased in the double digits since the EU-Vietnam Free Trade Agreement (EVFTA) took effect (Source: tongcucthuysan.gov.vn)
Hanoi (VNA) - Turnover of Vietnamesetuna exported to the EU has increased🎃 in the double digits since the EU-VietnamFree Trade Agreement (EVFTA) took effect at the beginning of August.
Figures from the General Department of VietnamCustoms show that, in the first half of the month, tuna exports to the EU rose 11percent month-on-month and 65 percent year-on-year, raking in nearly 6.3million USD. New orders are primarily for frozen products and oil-poachedtuna, which enjoy zero tariffs or are within tariff exemption quotas. According to the Vietnam Association of SeafoodExporters and Producers (VASEP), the remarkable growth posted over the last twomonths indicates that the tariff preferences provided by the EVFTA have createdconditions in which Vietnam’s tuna products can boom./.
The COVID-19 pandemic is still influencing Vietnam’s fisheries exports, with export value down 10 percent in June to just 626 million USD following a sharp decline in May of 16 percent, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
The European Commission (EC) on July 15 announced quotas for several Vietnamese agricultural products and rice in line with the European Union – Vietnam Free Trade Agreement (EVFTA).
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Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
Turnover from Vietnamese tuna exports to the EU has increased in the double digits since the EU-Vietnam Free Trade Agreement (EVFTA) took effect (Source: tongcucthuysan.gov.vn) 
