18.10.2020, 02:24

Vietnamese seafood has significant export potential in EU market

Experts have hailed significant export potential for Vietnamese seafood created by the Vietnam-EU Free Trade Agreement.

Vietnamese seafood has significant export potential in EU market

(Photo: VNA)

During a workshop in the Mekong Delta city of Can Tho on Friday, Mr. Dao Trong Hieu from the Agricultural Product Processing and Market Development Department at the Ministry of Agriculture and Rural Development said that in the next five years, Vietnam’s seafood exports to the EU will grow better if the “yellow card” warning for illegal seafood exploitation by the European Commission is removed, and the country takes advantage of tax incentives brought by the EVFTA.

The Vietnam’s seafood export turnover to the EU in the next five years is forecast to reach 1.2 -1.5 billion USD per year.