MARKET OVERVIEW
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Vietnam – World No.3 in aquaculture production, but only focus on FW and BW farming.
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Vietnam - World No.1 and No.3 Pangasius and Shrimp producer and exporter.
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Shrimp industry – largest export earner (US$1.68bn), matured industry.
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Pangasius industry (>1mn MT) – 2nd largest (US$1.34bn), and continued to be cornerstone in Vietnam with more expansion.
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Limited marine farming means there shall be big opportunities for improvement and growth.
PROSPECTS FOR NORWEGIAN MARINE COMPANIES
There is a significant potential for Norwegian companies delivering equipment, fish feeding, know-how and increased commercial cooperation in the marine sub sectors:
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Breeding and hatching
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Feed development and availability
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Cage-based oceanic fish farming
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Disease prevention (vaccine development)
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Environmental pollution
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Handling of seafood (refrigeration/cooling)
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Toxic residues
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Export / import control
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Traceability
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Branding
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Crisis Management responses to unfortunate media events
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New regulations on IUU for exports to EU implemented Jan 1, 2010, pushing the increased needs to modernize the fishing fleet
You want to seize the opportunities on the marine sector in Vietnam? We can assist you to realize your ambition.
