Vietnam’s tuna exports to the US reached $487 million. The country’s total tuna export value to the world reached a record high of more than $1 billion

Vietnam’s tuna exports have increased significantly over the past year, topping 1 billion USD in Vietnam’s total global tuna exports and setting a record high of USD 487 million for exports to the US. At the moment, the US represents more than one-third of Vietnam’s total tuna export revenue, making it the country’s top market for tuna exports. 

The country’s rich natural resources and advantageous location in the South China Sea play a significant role in the sector’s growth. Due to its extensive coastline, Vietnam is a great location for the tuna fishing business. The government has also taken steps to protect the sector’s sustainability, including developing a national fisheries management system, enforcing strict laws on fishing methods, and encouraging sustainable aquaculture. 

Despite the high costs of fishing, with each 20-day to one-month trip costing up to VND200 million, last year fishermen continued to venture out to sea and managed to collect a total of 70,000 tons of tuna, including 17,000 tons of  bigeye tuna. This is a testament to the hard work and dedication of the fishermen who are determined to “bring money home for their mothers”. This is evidence of the fishermen’s perseverance and commitment to “bring money home”.  Even though the amount of tuna that fishermen collect only makes up one-third of of the raw materials used in processing plants, it is still a significant source of raw materials since the quality of the tuna is improving.

Currently, there are about 200 tuna exporting companies in the country. Due to corporate investments in product quality improvement and increased production efficiency, the quality of Vietnam’s exported tuna has also greatly improved. This has enabled Vietnam’s tuna fulfill the demanding standards of the global market and expand its exports to 99 countries.

Overall, the export of seafood from Vietnam, and specifically the export of tuna, have grown significantly in recent years and are predicted to continue to grow in the years to come. Thanks to the government’s attention to sustainability and the commitment of the fishermen, Vietnam’s tuna exports appear to be on track to progressively take a commanding position on the global market for tuna exports.

 

Reddit makes a splash with spectacular stock debut

Vietnam’s Vingroup Makes Strategic Move with $1.6 Billion Sale of Vincom Retail Stake

NVIDIA and Johnson & Johnson MedTech’s AI Collaboration Revolutionizing Surgery

Alphabet-Apple Collaboration Unveiling Gemini AI for iPhone Innovation

Landmark Verdict: $60 Million Penalty Imposed on Mead Johnson in Enfamil Baby Formula Case

Devin AI: Pioneering the future as the first AI software engineer

Job Interview Red Flags: Phrases to avoid according to a former Google recruiter

US Pushes for ByteDance to Sell TikTok, But China Likely to Refuse

Starbucks Ends Odyssey NFT Rewards Program, Shifting Focus to AI

Coinbase Faces Technical Woes Amidst Bitcoin Surge to $64,000

techbiz.network google apple meta violation to eu new digital law

EU Probes Apple, Google and Meta for Potential Violations of New Digital Law

The European Union (EU) is launching investigations into tech giants Apple, Google, and Meta (Facebook’s parent company) over concerns they …
techbiz.network chrome

Massive Changes Coming to Google Chrome Threaten to Reshape the Modern Internet

Google Chrome is on the brink of initiating a seismic shift that threatens to reshape the very foundation of the …
techbiz.network google apple meta violation to eu new digital law

EU Probes Apple, Google and Meta for Potential Violations of New Digital Law

The European Union (EU) is launching investigations into tech giants Apple, Google, and Meta (Facebook’s parent company) over concerns they …
techbiz.network chrome

Massive Changes Coming to Google Chrome Threaten to Reshape the Modern Internet

Google Chrome is on the brink of initiating a seismic shift that threatens to reshape the very foundation of the …
techbiz.network Traveling to Haivaii

Exploring the Enchanting Wonders of Hawaii- A Journey to Remember

Hawaii, an idyllic paradise nestled in the heart of the Pacific Ocean, is a dream destination for many travelers. With …
techbiz.network travel in Hanam

Vibrant Activities in Ha Nam Cultural and Tourism Week 2023

On May 14th, at Tam Chuc Tourist Area in Kim Bang District, the People’s Committee of Ha Nam Province, together …
techbiz.network Traveling to Haivaii

Exploring the Enchanting Wonders of Hawaii- A Journey to Remember

Hawaii, an idyllic paradise nestled in the heart of the Pacific Ocean, is a dream destination for many travelers. With …
techbiz.network Vietnam Airlines' Heritage Guide

Unveiling the Heritage Guide: Vietnam Airlines’ Exquisite Travel Companion for Exploring Vietnam

On June 15th, Vietnam’s national airline, Vietnam Airlines, officially launched a new travel guide publication called “Heritage Guide” on all …
techbiz.network Thomson Medical Group of Singapore accquires FV hospital

Thomson Medical Group Expands Southeast Asian Presence with Acquisition of FV Hospital in Vietnam

Singapore’s Thomson Medical Group (TMG) has made a significant move in the healthcare sector by acquiring Vietnam’s FV Hospital, marking …
techbiz.network By Rotation clothing rental app

By Rotation: The Startup Revolutionizing Fashion with Peer-to-Peer Clothing Rental

By Rotation, a U.K.-based clothing rental app, is on a mission to combat the harmful effects of fast fashion by …
Talks with Leaders, Ep8: 1st AI Doctor Assistant in Vietnam provides 90+% correct diagnosis within 5s

Talks with Leaders, Ep8: 1st AI Doctor Assistant in Vietnam provides 90+% correct diagnosis within 5s

In this eighth episode, we’ll learn about VinBrain, a VinGroup subsidiary dedicated to developing AI and IoT technologies for …
techbiz.network blockchain meets metaverse

Talks with Leaders, Special episode: Blockchain meets Metaverse, featuring business leaders, investors, tech experts and global influencers

On November 14, 2021, the live webinar Blockchain meets Metaverse was successfully organized by TechBiz with the participation of …
techbiz.network Nvidia and Johnson & Johnson collaboration for surgery

NVIDIA and Johnson & Johnson MedTech’s AI Collaboration Revolutionizing Surgery

The integration of artificial intelligence (AI) into various facets of healthcare has revolutionized patient care, and its impact on surgery …
techbiz.network google apple meta violation to eu new digital law

EU Probes Apple, Google and Meta for Potential Violations of New Digital Law

The European Union (EU) is launching investigations into tech giants Apple, Google, and Meta (Facebook’s parent company) over concerns they …

techbiz.network valentino joins metaverse

Valentino Joins the Metaverse: An Exciting Partnership with UNXD

Valentino, the iconic Italian fashion house, has announced its foray into the metaverse through a partnership with UNXD, the leading …

techbiz.network coinbase faced 0 balance woes while bitcoin surged to $64000

Coinbase Faces Technical Woes Amidst Bitcoin Surge to $64,000

Coinbase found itself in the midst of technical challenges as some users woke up to zero balances in their digital …

techbiz.network coinbase faced 0 balance woes while bitcoin surged to $64000

Coinbase Faces Technical Woes Amidst Bitcoin Surge to $64,000

Coinbase found itself in the midst of technical challenges as some users woke up to zero balances in their digital …

techbiz.network Traveling to Haivaii

Exploring the Enchanting Wonders of Hawaii- A Journey to Remember

Hawaii, an idyllic paradise nestled in the heart of the Pacific Ocean, is a dream destination for many travelers. With …
techbiz.network Abode by Stuarte Semple challenges Adobe

Abode: Artist Challenges Adobe’s Dominance with Lifetime Creative Software Suite

Artist and activist Stuart Semple has embarked on an ambitious project to challenge the dominance of Adobe, the corporate …
techbiz.network By Rotation clothing rental app

By Rotation: The Startup Revolutionizing Fashion with Peer-to-Peer Clothing Rental

By Rotation, a U.K.-based clothing rental app, is on a mission to combat the harmful effects of fast fashion by …

techbiz.network thread lost 82% users

Threads App’s Rollercoaster Ride: Plummeting 82% of Users Raise Concerns for Meta’s Social Experiment

In early July, Meta, formerly known as Facebook, unveiled its highly anticipated social media offering, Threads. The platform, described as …

techbiz.network job interview red flag phrase

Job Interview Red Flags: Phrases to avoid according to a former Google recruiter

When it comes to acing a job interview, there are certain tactics that can help you stand out and impress …

techbiz.network Traveling to Haivaii

Exploring the Enchanting Wonders of Hawaii- A Journey to Remember

Hawaii, an idyllic paradise nestled in the heart of the Pacific Ocean, is a dream destination for many travelers. With …
techbiz.network travel in Hanam

Vibrant Activities in Ha Nam Cultural and Tourism Week 2023

On May 14th, at Tam Chuc Tourist Area in Kim Bang District, the People’s Committee of Ha Nam Province, together …

techbiz.network Thomson Medical Group of Singapore accquires FV hospital

Thomson Medical Group Expands Southeast Asian Presence with Acquisition of FV Hospital in Vietnam

Singapore’s Thomson Medical Group (TMG) has made a significant move in the healthcare sector by acquiring Vietnam’s FV Hospital, marking …
techbiz.network By Rotation clothing rental app

By Rotation: The Startup Revolutionizing Fashion with Peer-to-Peer Clothing Rental

By Rotation, a U.K.-based clothing rental app, is on a mission to combat the harmful effects of fast fashion by …