Vietnam's pangasius export is wide open to the Mercosur market

With a sharp increase in volume, pangasius exports to Brazil earned nearly 28 million USD. Which market is purchasing the largest pangasius from Vietnam? Vietnam is in the process of promoting negotiations on the Free Trade Agreement (FTA) with the South American Common Market (Mercosur), to turn this FTA into a driving force to exploit the Latin American export market. According to the Vietnam Association of Seafood Exporters and Producers (VASEP), Mercosur is a sub-regional bloc established in 1991 by countries including Argentina, Brazil, Paraguay and Uruguay. Mercosur is a dynamic, competitive and developing economic and industrial region, with growing influence as the 5th largest economic block in the world. With an important geographical location in East Asia and Asia - Pacific, Vietnam is an important gateway for Mercosur countries to enter the ASEAN market. As a member of the Mercosur bloc, Brazil is currently Vietnam's largest trading partner in the bloc and in Southeast ...