The Times Australia
Fisher and Paykel Appliances
News From Asia

.

Vietnam agricultural products’ quality to meet Chinese high standards

HA NOI, VIETNAM - Media OutReach Newswire - 17 December 2024 - Vietnamese eel exporters have focused on enhancing quality standards to meet the stringent demands of international markets.

Mud-free eel farming model using composite tanks
Mud-free eel farming model using composite tanks

This commitment ensures the competitiveness of Vietnamese eels in high-value markets, paving the way for further expansion and solidifying Vietnam's position as a global player in the eel export industry.



Leveraging advantages to expand exports

In recent years, Vietnam's eel farming and export industry has experienced rapid growth, establishing a relatively complete industrial chain encompassing breeding, farming, feed manufacturing, processing and export. Annual eel production is estimated at 50,000 to 60,000 tonnes, with the majority concentrated in the Mekong Delta provinces, including Dong Thap, An Giang, Hau Giang, Tien Giang and Can Tho. These regions boast ideal natural conditions for eel farming.

Eel farming has become a key aquaculture component, creating numerous jobs, alleviating poverty and boosting incomes in rural areas. The adoption of innovative techniques, such as mud-free eel farming in composite tanks, has further enhanced productivity and efficiency.

Eels are a popular freshwater aquatic species worldwide. Vietnamese eels (Monopterus albus) are highly regarded for their nutritional value and adaptability to freshwater environments. They are especially prized for their nutritious meat, which is rich in protein, vitamins and minerals. Often referred to as 'ginseng of the water,' eels are favoured for their health benefits and exquisite taste.

Vietnam's eel exports have surged over recent years. In 2023, total export revenue reached about US$1.7 million, primarily driven by demand in the US and Japan. By 2024, with China emerging as a significant market, several Vietnamese companies gained approval to export eels through official channels.

As of October 2024, Vietnam's eel exports totalled $2.98 million, with a volume of around 670 tonnes. China accounted for nearly half of the exports (300 tonnes), followed by Japan (50 tonnes), the US (38 tonnes) and South Korea (33 tonnes). Export revenue is projected to reach $3.6 million in 2024, doubling the 2023 figures.

Meeting rising standards

Continuous innovation, technological advancement and enhanced management practices are pivotal for Vietnam's eel industry to meet growing market demands and boost exports. State agencies, research institutions and businesses prioritise the development and application of advanced technologies to produce disease-resistant eel breeds, improve breed quality, control farming environments and manage disease outbreaks. These efforts aim to optimise efficiency and product quality.

Seafood enterprises have also diversified processed eel products to better meet the requirements of export markets. Meanwhile, authorities have intensified food safety supervision at both central and local levels and guided the industry toward standardisation.

Eel farms are adopting quality certification systems, including VietGAP and GlobalGAP. Transparent documentation of farming processes, feed origins, medication usage and eel breeds is also required.

Standardised closed-loop farming minimises disease risks, reduces costs and enhances product quality, aligning with stringent international standards. Currently, over 60 Vietnamese seafood companies are certified to export eel products to demanding markets, including the EU, Japan, the US, South Korea and China. The recognition and approval from these markets signal a strong opportunity for Vietnam's eel industry to expand production and scale up exports in the coming years.

Promising prospects for eel exports

The growing demand for high-quality eel among Chinese consumers and Asians in global markets presents significant opportunities for Vietnam's eel export industry to thrive in the coming years.

Along with continuing to exploit and leverage favourable natural conditions, Vietnam's eel farming export industry will improve modern, safe and sustainable farming practices free of antibiotics and heavy metal residues.

Enhanced management systems, traceability and compliance with international food safety standards will give Vietnam's products a competitive edge, especially in stringent markets. Domestic companies are actively exploring new market opportunities, building brand recognition and improving product quality to align with global standards. As a result, Vietnamese eel is increasingly recognised for its quality and ability to meet the preferences of consumers worldwide.

Vietnam's eel export industry expects greater support and collaboration from international regulatory bodies for import approvals and encourages importers to choose Vietnamese eel. This will ensure more global consumers can enjoy high-quality, safe and competitively priced eel products.

Hashtag: #MARD

The issuer is solely responsible for the content of this announcement.

Times Magazine

Seven in Ten Australian Workers Say Employers Are Failing to Prepare Them for AI Future

As artificial intelligence (AI) accelerates across industries, a growing number of Australian work...

Mapping for Trucks: More Than Directions, It’s Optimisation

Daniel Antonello, General Manager Oceania, HERE Technologies At the end of June this year, Hampden ...

Can bigger-is-better ‘scaling laws’ keep AI improving forever? History says we can’t be too sure

OpenAI chief executive Sam Altman – perhaps the most prominent face of the artificial intellig...

A backlash against AI imagery in ads may have begun as brands promote ‘human-made’

In a wave of new ads, brands like Heineken, Polaroid and Cadbury have started hating on artifici...

Home batteries now four times the size as new installers enter the market

Australians are investing in larger home battery set ups than ever before with data showing the ...

Q&A with Freya Alexander – the young artist transforming co-working spaces into creative galleries

As the current Artist in Residence at Hub Australia, Freya Alexander is bringing colour and creativi...

The Times Features

Why a Holiday or Short Break in the Noosa Region Is an Ideal Getaway

Few Australian destinations capture the imagination quite like Noosa. With its calm turquoise ba...

How Dynamic Pricing in Accommodation — From Caravan Parks to Hotels — Affects Holiday Affordability

Dynamic pricing has quietly become one of the most influential forces shaping the cost of an Aus...

The rise of chatbot therapists: Why AI cannot replace human care

Some are dubbing AI as the fourth industrial revolution, with the sweeping changes it is propellin...

Australians Can Now Experience The World of Wicked Across Universal Studios Singapore and Resorts World Sentosa

This holiday season, Resorts World Sentosa (RWS), in partnership with Universal Pictures, Sentosa ...

Mineral vs chemical sunscreens? Science shows the difference is smaller than you think

“Mineral-only” sunscreens are making huge inroads[1] into the sunscreen market, driven by fears of “...

Here’s what new debt-to-income home loan caps mean for banks and borrowers

For the first time ever, the Australian banking regulator has announced it will impose new debt-...

Why the Mortgage Industry Needs More Women (And What We're Actually Doing About It)

I've been in fintech and the mortgage industry for about a year and a half now. My background is i...

Inflation jumps in October, adding to pressure on government to make budget savings

Annual inflation rose[1] to a 16-month high of 3.8% in October, adding to pressure on the govern...

Transforming Addiction Treatment Marketing Across Australasia & Southeast Asia

In a competitive and highly regulated space like addiction treatment, standing out online is no sm...