Toan Dao

Reporting from Hanoi, Vietnam

Toan Dao has covered Vietnam’s business community, with a focus on energy and agriculture, for a number of Vietnamese and international outlets for the past eight years. He also works as a program manager for the Hanoi-based Centre for Media and Development Initiatives, where he mainly takes part in providing training activities for local journalists and other players in the media community.

Published on
March 11, 2019

With its geographic proximity to Vietnam and its huge demand for shrimp, China should be a major market for Minh Phu's shrimp, company chairman and CEO Le Van Quang told SeafoodSource.

But in 2018, Minh Phu exported only 450 metric tons (MT) of shrimp to China, worth USD 6 million (EUR 5.3 million), a modest total compared with USD 305.7 million (EUR 273.4 million) the company earned from selling into the U.S. market.

This is likely to change

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Published on
March 8, 2019

Continuing the country’s positive momentum from the back end of 2018, Vietnam’s seafood production continue to grow in the first two months of 2019, reaching an estimated 988,300 metric tons (MT), up 4.6 percent year-on year, according to latest data from the General Statistics Office.

Of that total, the output from aquaculture in the period was estimated at 464,700 MT, up 3.9 percent, while wild-catch fisheries contributed an

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Published on
March 6, 2019

Tuna importers and exporters in Vietnam are complaining that their business operations have been severely impacted due to new requirements from the country’s Ministry of Agriculture and Rural Development, according to statements from Vietnam Association of Seafood Exporters and Producers (VASEP).

There are two circulars from the ministry that are now affecting both importers and exporters of tuna, VASEP said.

On 25 December, 2018, the

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Published on
February 27, 2019

Viet Uc Seafood Corp., a leading shrimp breeding company in Vietnam, expects to start production at its new high-tech shrimp farm in April, the company’s controlling director, Vu Duc Tri, told SeafoodSource in an interview in Ho Chi Minh City on 21 February.

The company, which is the only producer of shrimp broodstock in the country, will begin operations at the new facility focused on shrimp breeding operations, and then expand to

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Published on
February 15, 2019

Vietnam is hoping to take in USD 10.5 billion (EUR 9.26 billion) from exports of its seafood products in 2019, up 19.5 percent from last year, according to a statement from Vietnam’s General Department of Fisheries.

The country also plans to achieve seafood output of 8.08 million tons (MT), up 4.2 percent year-on-year, including 4.38 million MT of farmed species – 5.6 percent higher than 2018 – and 3.7 million MT of wild-caught

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Published on
January 21, 2019

Vietnam had to lower shipments of shrimp to China last year as the latter reduced imports due to a high stockpile and increased inspections against trading activities through inland border areas, according to Vietnam Association of Seafood Exporters and Producers (VASEP).

The Southeast Asian nation exported shrimp worth nearly USD 450 million (EUR 392.8 million) to China from January to November last year, falling 29.5 percent from 2017,

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Published on
January 11, 2019

Vietnam’s largest shrimp producer, Minh Phu Seafood Corp., ended 2018 with both export volumes and export value increasing substantially compared with 2017, Le Van Quang, chairman and CEO of Minh Phu, told SeafoodSource on 8 January.

The company exported nearly 67,500 metric tons (MT) of shrimp last year, jumping 19.6 percent year-on-year. The export value in 2018 was USD 751 million (EUR 656.2 million), up 7.7 percent from 2017.

In

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Published on
December 18, 2018

Vietnam is pushing to implement recommendations from the European Commission in advance of a new round of inspections that the country’s leaders hope will lead to the elimination of a warning label it received from the commission last year.

The E.C. issued a “yellow card” to Vietnam in October 2017, warning the Pacific country it could ban its seafood exports entirely unless Hanoi did more to tackle illegal, unreported, and

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Published on
December 6, 2018

The tariff conflict between the United States and China has enabled Vietnam and other tuna exporters to increase shipments to the United States and this trend is expected to continue in the coming months, Vietnam Association of Seafood Exporters and Producers (VASEP) said in a statement last week.

In October, Vietnam exported tuna worth USD 26 million (EUR 22.9 million) to the United States, soaring 35 percent from the same month in 2017 and up

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Published on
November 15, 2018

Following a recent visit, a delegation from the European Parliament’s Committee on Fisheries has praised Vietnam’s to fight illegal, unreported, and unregulated fishing (IUU).

The seven-member delegation, led by Gabriel Mato – a member of European parliament and committee spokesperson – held a number of high-level meetings with the prime minister, the vice chairman of the national assembly, ministers, and officials from

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