Seafood News

  • The Seafood manufacturers are back to business after the long Lunar New Year holiday. Shrimp farmers already start the new stocking in early February. The raw materials price of Black Tiger and Vannamei decrease as the demand decrease after Lunar New Year. The trend is down for the coming weeks. China has once again closed the borders and focused the virus prevention on frozen seafood. Ecuador has increase production many times and is now dumping shrimp everywhere. Virus impact on shrimp farmer has lowered, there are news of strong pond stocking in both Vietnam and India (many post larvae bought from farmers, much more than last 2 years).
  • Experts forecast that U.S seafood sales will increase as the increasing demand, but sales will increase more in value than in volume. The determining factor of whether seafood sales will increase in 2022 will be how restaurants and hotels can deal with issues of labor, supply, and price inflation.
  •  NFI forecasts that in 2022, world whitefish prices will increase because of tighter supply. Many of the drivers of cost are species-specific, but higher transportation, logistics and packaging costs are playing a role.
  • Deputy Prime Minister Le Van Thanh has directed the Ministry of Agriculture and Rural Development to urgently review and amend according to its competence or propose competent authorities to amend legal documents in the second quarter of 2022 to abolish the implementation of regulations. Currently quarantine for frozen processed seafood products used as food imported for export production, export processing, not for domestic consumption.
  • In 2021, Vietnam exported seafood to nearly 170 markets. Many markets have almost adapted to the context of living with Covid, demand has recovered very strongly such as the US, EU, Brazil… Besides, many importers in markets participating in FTAs with Vietnam also take advantage of preferential tariffs to import Vietnamese products at more competitive prices, such as in Australia, Mexico.

Covid-19 situation:

Vietnam Nationwide

  • The newest cases, including 8 imported and 21,901 domestic transmissions, were recorded in all 63 provinces and cities, the Health Ministry said, elaborating that 14,982 contracted the virus in the community. This is the sharpest daily rise of coronavirus infections since January 15, when Vietnam confirmed 16,378 cases.
  • Vietnam reported nearly 24,000 new cases per day compared to about 15,000 per day in the week before the New Year holiday, when millions of people travelled to their rural homes and to tourist hotspots.
  • People returned to Hanoi and Ho Chi Minh City on Feb 5 – 6 as the nine-day Lunar New Year (Tet) vacation, which began on January 29 and concludes on February 6, comes to an end, causing traffic jams on multiple key national highways.
  • Vietnam warned that its healthcare system could become overloaded, after seeing a surge in new daily coronavirus infections following its long Lunar New Year holiday.
  • Factories need thousands of workers to resume and expand operations with many employees yet to return after the nine-day Tet holiday. The shortage occurs as factories resume operations this week, but workers residing in their hometowns are yet to return as they want to spend more time with their families.
  • The Government of Vietnam has agreed to buy 21.9 million doses of Pfizer Covid-19 Vaccine for children of 5-11 years of age. The purchase is subject to the form of contractor selection.
  • Vietnam’s Ministry of National Defense has received an additional 300,000 Sinopharm COVID-19 vaccine doses gifted by its Chinese counterpart on February 8.
  • Foreign visitors to Vietnam are required to furnish negative PCR Covid-19 test results, and rapid tests are no longer required on arrival. People who are fully vaccinated or have recovered from Covid-19 have to self-isolate at home or hotel for three days. A seven-day isolation period is applicable for those who have not got two vaccine doses. Tourists are also required to have medical insurance cover for Covid treatment worth at least $50,000.

Ho Chi Minh City

  • Health workers at 36 vaccination sites in Ho Chi Minh City administered COVID-19 vaccine to about 13,000 people during the Lunar New Year holiday from January 29 to February 6, according to the municipal Department of Health.
  • Ho Chi Minh City is currently a green zone locality at low COVID-19 risk with about 200 plus cases per day, which makes visitors feel safer during their stay and spend more on dine-in and entertainment services.

Hanoi

  • Hanoi authorities have allowed ride-hailing service to resume operations from Feb 8, after more than six months of suspension for COVID-19 prevention, while cinemas, cultural and art performance venues will reopen.
  • Students from grades 7 to 12 in Hanoi returned to schools from Feb 8, after ten months at home studying online with safety measures strictly enforced and all teachers fully vaccinated.

Khanh Hoa (Nha Trang)

  • The Covid-19 had a negative impact on the production and business activities of industrial enterprises in Khanh Hoa. Up to now, they have basically resumed operations in conditions of safe adaption, effective epidemic prevention and control.
  • Up to now, the number of people aged 18 and over in Khanh Hoa has been covered with the 1st and 2nd dose of Covid-19 vaccine, reaching more than 100%, and the 3rd dose is 70%. The province has organized the 1st and 2nd dose vaccination for children from 12 to 17 years old, reaching more than 95%.

Da Nang

  • Residents in Da Nang spent Thursday, Feb 10, rushing to vaccination sites as fears over COVID-19 transmissions during last week’s Lunar New Year holiday took hold of the city.
  • Authorities in Da Nang City plan to resume all flight routes and tourism activities in March to boost economic recovery. On Jan 1, Vietnam allowed regular return flights to the U.S. and eight Asian destinations to resume in the first phase of a program to revive international travelers. Currently, Da Nang is not connected to the U.S. and has not yet resumed commercial flights to the Asian destinations.
  • Chairman of Da Nang City Le Trung Chinh approved a plan for students in all grades to begin resuming offline study between February 14 and 21.

Do you have any questions? Feel free to drop us a line!

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