12 Japanese companies come to Vietnam to find partners to process scallops

Frozen Scallop

Published Jan 24, 2024

Tridge summary

The Japan Trade Promotion Organization (JETRO) is facilitating a tour for 12 Hokkaido-based seafood processing and trading enterprises to visit Vietnamese seafood processing factories. This initiative follows China's halt on Japanese seafood imports due to the TEPCO Fukushima Daiichi nuclear power plant discharging treated wastewater into the sea. Vietnam's low labor costs, expertise in processing aquatic products, and minimal export processing barriers make it an attractive alternative. The Vietnam Association of Seafood Exporters and Producers (VASEP) anticipates fruitful collaboration with Japanese companies post-visit.

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Original content

On January 23, the Vietnam Association of Seafood Exporters and Producers (VASEP) announced that the Japan Trade Promotion Organization (JETRO) is organizing a tour for 12 seafood processing and trading enterprises from Hokkaido (scallop production area) to Vietnamese seafood processing factories to connect and cooperate. The tour group will visit southern seafood factories from January 24 to 26 after visiting nearly 10 processing factories in Hai Phong and Nam Dinh on January 22 and 23. According to NNA Asia news site of Japan's Kyodo News Agency, previously, nearly 30% of Japan's scallop production was exported to China. Some of this amount is peeled, processed in China and re-exported to countries such as the US. In August 2023, in response to the TEPCO Fukushima Daiichi nuclear power plant discharging treated wastewater into the sea, China completely stopped importing Japanese seafood. Therefore, the Japanese seafood industry is forced to find alternative export and processing ...

Source: Vietstock