Vietnam, Singapore eye to boost seafood trade

Vietnam and Singapore have potential and advantages to promote fisheries cooperation, industry insiders said at a conference connecting fishery businesses of Vietnam and Singapore in Ho Chi Minh City on June 25. The event was organised by the Vietnam Association of Seafood Exporters and Producers (VASEP), the Vietnam Trade Office in Singapore and Ho Chi Minh City’s External Affairs Department. VASEP Deputy General Secretary To Thi Tuong Lan told the conference that Vietnam's fisheries industry is focusing on developing high-added-value processed products. She noted that Vietnam has the advantage in farming, processing and exporting shrimp and tra fish. Meanwhile, with a large number of tourists, Singapore has an increasing demand for high quality products. Although Singapore is a small consumer market, it is an important gateway for Vietnamese goods in general and seafood in particular to reach many other countries in the region and the world, Lan said. While Vietnam has strengths ...