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Vietnam’s aquatic products popular in Russia
Russia has decided to re-issue exports license for aquatic product for 30 Vietnamese enterprises.
The decision was made on April 23 after Vietnam had implemented measures to tackle the cause of the problem and improved the quality of its products exported to Russia. One of the most important measures was the establishment of an executive board to ensure adequate levels of hygiene in the exported products.
In November last year the Russian Federal Service for Veterinary and Physio-sanitary Surveillance (VPSS) announced that the country was temporarily limiting aquatic product imports from Vietnam as of December 20 2008, as the products fell below the level of hygiene demanded by the VPSS.
Vu Trong Nghia, a Vietnamese trade counselor in Russia, said that annually Russia imports more than 1 million tonnes of aquatic products from Vietnam. In 2008 Vietnam’s export revenue had reached in excess of US$216 million, an annualised increase of 83 percent and made up 10 percent of the Russian aquatic products market. The revenue was only US$ 10 million in 2005 and US$35 million in 2006.
Catfish make up the bulks of Vietnam’s exports to Russia because of their quality and low price. If the country can ensure hygiene standards and the quality of products, Vietnam can export larger volumes of aquatic products to the Russian market.
vov
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