2-4 January Vietnam exports: Aquatic products are successfully sold to the UK

(People's Daily) Given the successful sale of Vietnamese aquatic products to the UK and the continued record high prices of rice exports, vietnamese seafood opportunities in the Lao market are the main news of Vietnam's export activities from January 2 to 4.
The price of rice exported from Vietnam hit a nine-year high, rising from $500 a tonne last week to $500-505 a tonne on December 31, 2020 due to a lack of domestic supplies, Reuters reported.
is also the highest price since December 2011.
of rice exports to Vietnam to their highest level in nine years as a result of reduced supplies and continued purchases by the Philippines.
2020, Vietnam's rice exports are expected to fall 3.5 percent to 6.15 million tons, according to preliminary government data.
, however, rice exports are expected to grow by 9.3 per cent to $3.07 billion by 2020.
in view of UKVTAFT, Vietnamese aquatic products successfully sold to the United Kingdom recently formally signed a free trade agreement with Vietnam.
ukVFTA comes into force, Vietnamese aquatic products will have more opportunities to be exported to the UK market, particularly in the first few months of 2021.
Vietnam's Ministry of Industry and Trade statistics show that by the end of November 2020, seafood exports to the UK had increased by nearly 12% compared with the same period in 2019 to about US$322 million, with shrimp, fish, crab and sea fish among the products that achieved positive growth, especially fish, which made a breakthrough in the structure of export categories.
has achieved good growth in fish processing products, more than 14 times higher than in the same period in 2019, accounting for 33 per cent of total fish exports (only 3 per cent in 2019).
the impact of the new crown pneumonia outbreak, Vietnam's high value-added processed products have and are gradually LinkedIn the market.
specifically, processed white-legged shrimp increased by 33%, processed prawns increased by nearly 120%, crab cans increased by 61%, frozen sea fish fillts increased by 127%.
, the UK market is one of Vietnam's top 10 seafood import markets, with a market share of more than 4% in seafood exports in 2020 (1.03% in 2015).
Vietnamese seafood market in Laos, Laos seafood companies are rapidly looking for new suppliers from Vietnam after the country announced a temporary ban on imports of Thai seafood over concerns about the spread of the new crown pneumonia outbreak.
looking for new import markets for Vietnamese seafood to expand deeper into the Lao market.
question is how Vietnamese companies can seize the opportunity and come up with a reasonable way to compete with Thai seafood.
(Complete)