Hotline: 0274 383 347
Thursday, 4-6-26 05:35:12

Economics

Hotline: 0274 383 347

Uncertain US future for Tra fish

The House voted down the programme after a July 12 debate with 218 votes in favour of the repeal and 206 votes against. The programme was first included in the 2008 Farm Bill. If approved, it would have reallocated the responsibility for catfish import inspections from the US Food and Drug Administration (FDA) to the US Department of Agriculture (USDA). Supporters insisted the USDA is better at screening for toxic chemicals and other contaminants. Tra fish is one of Vietnam's major seafood exports Opponents argued the programme not only wastes money but also creates de facto trade barriers protecting the domestic catfish industry from Southeast Asian exporters, including Vietnam. Many organisations, including the Government Accountability Office and the National Fisheries Institute (NFI), claimed the programme has already cost the USDA millions of US dollars despite no consignments undergoing inspection to date. US Representative Vicky Hartzler, one of the many congressmen opposed to the programme, said repealing it will save American taxpayers more than US$170 million over the next 10 years. However, the programme has received support from many Senators, meaning it still poses considerable risks to Vietnamese Tra and Basa fish exporters. The Senate is going to consider the programme in another debate. If common ground cannot be reached, the US could be forced to close its doors to Vietnamese Tra and Basa, seriously damaging Vietnamese exporters and hundreds of thousands of farmers. It would take Vietnam 5 to 7 years to upgrade its production and processing processes in line with USDA standards, enabling the resumption of seafood exports to the US. Vietnam earns US$400 million from Tra and Basa fish exports to the US every year. The Vietnamese Association of Seafood Exporters and Producers reported the US became Vietnam’s leading Tra fish importer in the first five months of 2013, consuming US$170 million. VOV
Tags:

Green development under local characteristics

With various industrial parks (IPs) already built or planned for future investment, Bau Bang district has identified green industry as its strategic path

Vietnamese products grab spotlight at Algiers int’l fair 2025

Vietnamese goods are gaining international attention at the 56th Algiers International Fair (FIA 2025), held from June 23–28 in Algeria's capital.

OCOP programme hits milestone with 126 five-star products nationwide

The National Council for the Evaluation of OCOP Products on Tuesday announced the recognition of 47 new five-star-rated products under the One Commune One Product (OCOP) programme,

In-depth industrial development

In the first six months of 2025, the Index of Industrial Production (IIP) in Binh Duong province is estimated at increasing by 10.19% compared to the same period last year.

In-depth industrial development

In the first six months of 2025, the Index of Industrial Production (IIP) in Binh Duong province is estimated at increasing by 10.19% compared to the same period last year.

Establishing a framework for the reorganization of the global supply chain

In light of the global economy being influenced by various factors such as supply chain disruptions,

Opening doors for workers to own housing

With the strong support of the government, active participation from the banking system, and the attention of provincial leaders and businesses, access to social housing for workers and low-income individuals is widening.

Tan Uyen city enhances the inspection and enforcement of trade violations

In accordance with the directives of the Provincial Steering Committee for the Prevention of Smuggling, Trade Fraud,

Total tax revenue in Binh Duong reaches 63.7% of estimate

On June 23, Tax Department of Region XVI held a conference to review tax work for the first six months of 2025, outline tasks for the remaining six months, and honor exemplary enterprises.

Elevating development

Amid the current global economic landscape, which is being significantly impacted by shifts in supply chains, trade dynamics

Enterprise - Brand

Company Social Media Net

Company VIETNAMNAY

Company HANEL MIROLIN

Company Keangnam - vina

Company HP Travel

Company Keloph