Nearly 700 Vietnamese firms eligible for aquatic export to Taiwan

The Taiwan Food and Drug Administration (TFDA) has announced a list of 697 Vietnamese fishery companies meeting the conditions for export to Taiwan (China).

This means that 59 more firms have been approved to enter the list since October 2019.

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), Taiwan is not among the top ten importers of Vietnamese aquatic products, but records a stable annual turnover of more US$100 million.

The value of aquatic products shipped to the economy accounts for about 1.3 to 1.8% of Vietnam’s total fishery export revenue.

Vietnam’s aquatic export value reached US$405 million in February, pushing the figure in the first two months of 2021 to over US$1 billion, up 2.2% over the same period last year, reported VASEP.

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