{"id":3320,"date":"2019-06-03T14:00:59","date_gmt":"2019-06-03T07:00:59","guid":{"rendered":"http:\/\/kingkong-vietsu.com\/?p=3320"},"modified":"2019-06-03T14:00:59","modified_gmt":"2019-06-03T07:00:59","slug":"tra-fish-exports-china-rise","status":"publish","type":"post","link":"https:\/\/kingkong-vietsu.com\/en\/tra-fish-exports-china-rise\/","title":{"rendered":"Tra fish exports to China on the rise"},"content":{"rendered":"\"\"<\/p>\n
\n

Processing tra fish for exports at a plant in HCM City.<\/h4>\n<\/div>\n

Vi\u1ec7t Nam\u2019s\u00a0tra<\/em>\u00a0fish (pangasius) exports to China have been skyrocketing since 2015, making it the biggest market for\u00a0Vi\u1ec7t Nam’s\u00a0tra<\/em>\u00a0fish by\u00a02017.<\/p>\n

Last year shipments to China were worth US$528 million.<\/p>\n

Top\u00a0tra<\/em>\u00a0exporters including\u00a0V\u0129nh Ho\u00e0n\u00a0Corporation and Nam Vi\u1ec7t Corporation (Navico) have also looked for opportunities to introduce their products to restaurant and supermarket chains and on e-commerce channels such as Alibaba and JD.com in the country of more than 1.3 billion.<\/p>\n

Do\u00e3n T\u1edbi, Navico chairman, said the Chinese market has a big demand for\u00a0tra<\/em>\u00a0fish products which are used at fast food restaurants and hotels and for in-flight meals.<\/p>\n

\u201cThey know how to process\u00a0tra<\/em>\u00a0fish, which a popular food among common people in Vi\u1ec7t Nam, into high-quality foods. They are fond of Vietnamese\u00a0tra<\/em>\u00a0products.\u201d<\/p>\n

Tr\u01b0\u01a1ng Th\u1ecb L\u1ec7 Khanh, chairwoman of V\u0129nh Hoan, said for continued exports to China, Vietnamese businesses must understand that market well.<\/p>\n

In the American market,\u00a0prices of imported\u00a0tra<\/em>\u00a0products could change\u00a0but slowly, whereas in the Chinese market the prices\u00a0change very quickly, she said.<\/p>\n

V\u0129nh Ho\u00e0n\u2019s\u00a0tra<\/em>\u00a0exports to China are under formal export contracts and so face no risk in the market, she said.<\/p>\n

T\u1edbi said the US \u2013 China trade war had no impact on the profits Vietnamese\u00a0tra<\/em>\u00a0fish make in China.<\/p>\n

Even the devaluation of the yuan would have \u201clittle impact\u201d, he said.<\/p>\n

Do\u00e3n Ch\u00ed Thi\u1ec7n, his assistant, explained that fluctuations in the\u00a0\u0111\u1ed3ng<\/em>\u00a0and yuan do not matter much because transactions between Nam Vi\u1ec7t and its Chinese partners are carried out in dollars.<\/p>\n

According to figures released by the Vi\u1ec7t Nam Association of Seafood Exporters and Producers, in April exports of\u00a0tra\u00a0<\/em>fish were worth $143.8 million, including $42.9 million to China.<\/p>\n

China remained the biggest importer followed by the European Union, ASEAN member countries and the US.<\/p>\n

Source: http:\/\/vietnamnews.vn\/economy\/520699\/tra-fish-exports-to-china-on-the-rise.html#WI9wf0brstKjf0I7.99","protected":false},"excerpt":{"rendered":"

Processing tra fish for exports at a plant in HCM City. Vi\u1ec7t Nam\u2019s\u00a0tra\u00a0fish (pangasius) exports to China have been skyrocketing since 2015, making it the biggest market for\u00a0Vi\u1ec7t Nam’s\u00a0tra\u00a0fish by\u00a02017. Last year shipments to China were worth US$528 million. Top\u00a0tra\u00a0exporters … Continued<\/a><\/p>\n","protected":false},"author":2,"featured_media":3321,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/kingkong-vietsu.com\/en\/wp-json\/wp\/v2\/posts\/3320"}],"collection":[{"href":"https:\/\/kingkong-vietsu.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kingkong-vietsu.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kingkong-vietsu.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/kingkong-vietsu.com\/en\/wp-json\/wp\/v2\/comments?post=3320"}],"version-history":[{"count":0,"href":"https:\/\/kingkong-vietsu.com\/en\/wp-json\/wp\/v2\/posts\/3320\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kingkong-vietsu.com\/en\/wp-json\/wp\/v2\/media\/3321"}],"wp:attachment":[{"href":"https:\/\/kingkong-vietsu.com\/en\/wp-json\/wp\/v2\/media?parent=3320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kingkong-vietsu.com\/en\/wp-json\/wp\/v2\/categories?post=3320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kingkong-vietsu.com\/en\/wp-json\/wp\/v2\/tags?post=3320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}