VASEP proposes to support seafood exports
According to the updated statistics by VASEP, seafood exports are estimated to reach $549 million, down nearly 20% in Mar., 2020 as compared to the same period last year.
Many orders from the Middle East, Asia or South America markets have been cancelled or postponed due to the covid-19 pandemic, resulting in a big amount of inventory. Moreover, companies are bearing various costs due to change of the boat itinerary, change of arriving ports, container storing in ports. As accumulated up to Mar, 2020, Vietnam took in %1.5 billion from seafood exports, down 14%.
In the face of current situation, VASEP proposed the Ministry of Agriculture and Rural Development to recommend the Government with policies and solutions to difficulties faced by companies, involving 0% interest rate in the first two years, a 50% decrease in interest rate in the next four years on long-term loans which are used for building storage facilities with capacity of at least 5,000 pallet, a 50% decrease of business income tax in the first two years when the above mentioned storage facilities are put into operation, low interest rate on loans given to companies, and extension of loan.
Có thể bạn quan tâm
Pangasius exports receive good signals from major markets Pangasius exports value has reached 267.8 million USD by mid-Mar., 2020 and seen good signals from big markets like the US and China.
Bạc Liêu: Prices of shrimp are in a slump hit farmers The slump in prices of shrimp has resulted in farmers make no profit, many of them have to empty their ponds and wait for price to increase.
Ongoing situation of pangasius market and export potential In Đồng Tháp, pangasius size 700-800g/pc is sold at 18,000-19,000 dong/kg while the production cost is 21,000-22,000 dong/kg