This was highlighted at a Conference to promote the trade of agricultural and aquatic products between Vietnam and China held by the Ministry of Agriculture and Rural Development.
Currently, shrimp is the commodity that accounts for the largest proportion of exports, at 40-50%, followed by pangasius and other aquatic products. In the first 2 months of the year, seafood exports to China faced difficulties due to a decrease in orders, inflation and high raw material prices.
However, demand is expected to surge from the second quarter onwards. There is still a lot of room for growth in China, particularly in Guangxi province.
At the Conference, associations and businesses also proposed Chinese authorities speed up the processing and approval of registration documents on the one-stop trading system of the General Department of Customs of China, creating favourable conditions for enterprises to export goods officially to China.
Currently, China has recognized a list of 48 live aquatic species, 128 types of aquatic products and 805 Vietnamese enterprises allowed for export to this market.