Vietnam must start monitoring and issuing carbon certificates to exporters and retailers in response to the EU s recently passed carbon levy, said industry insiders and policymakers.
A number of importers of the United States and the Netherlands have surprisingly sealed sale deals with Vietnamese businesses during the first days of the lunar New Year despite anticipated market difficulty in the year ahead.
The Ministry of Agriculture and Rural Development (MARD) has reported that Vietnam’s seafood export revenue in 2022 may reach US$11 billion, up 25 percent over 2021, the highest ever in 20 years.
Following exchange fluctuations, Vietnamese seafood exporters are now faced with catastrophic changes in their orders, forcing them to lower export prices or find other solutions to stay competitive in the long run.