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Vietnam emerges as largest supplier of seafood products to Australia

Shrimp is the major export product to the Australian market Nguyen Thu Huong, representative of the Vietnam Trade Office in Australia, said there are bright prospects ahead for seafood exports to Australia as o both countries are members of several free trade agreements, including the RCEP, which is currently the world’s largest free trade deal. Australian seafood demand has increased significantly over the past three decades, with consumption demand reaching one million tonnes annually. Australia’s population continues to enjoy rapid growth and is expected to reach 40 million people by 2050. At present, aside from Asian supermarket chains, several Vietnamese seafood products have hit the shelves of the Australian wholesale and retail supermarket system. To get a firm foothold in Australia, Huong said Vietnamese exporters should pay close attention to a number of issues, including import duties, payment methods, and biosecurity regulations set by the Biosecurity Act 2015 which incl

Da Nang investment promotion forum 2022 slated for late June

The centrally run city of Da Nang will host an investment promotion forum on June 25 to popularize its investment potential, advantages and opportunities among domestic and foreign businesses.

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