During a meeting on April 5 to seek immediate and long-term measures after the U.S. Administration announced reciprocal tariffs on imports into the U.S., PM Pham Minh Chinh called for more initiatives to promote trade relations between Vietnam and the U.S. in a balanced and sustainable manner.
The Vietnam Association of Seafood Exporters and Producers (VASEP) has said that Vietnam’s pangasius exports reached over $1.8 billion in the first eight months of 2022, up 81 per cent year-on-year. Exports to the US accounted for 23 per cent, worth more than $421 million, up 87 per cent year-on-year. The average price of frozen pangasius fillets exported to the US in August was a record $5 per kilo.