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Vietnamese pangasius meets US Farm bill: importers likely eager to buy

November 6, 2019 | B2B, Certification, News | No Comments

Vietnamese pangasius meets US Farm bill: importers likely eager to buy

Being a country with one of the strictest market requirements in the world, the United States has recognized Vietnam’s Pangasius Food Safety Control System. After more than three years of negotiations the Food Safety and Inspection Service (FSIS) of the United States Department of Agriculture has made the acknowledgement official on November 4th.

More exporting enterprises in the future

The recognition opens doors for Vietnamese pangasius exporters that are looking to tap into the US market. “It will help local pangasius firms to access and expand their export markets, not only in the US but also other regions,” said Nguyen Nhu Tiep, director of the Vietnamese Agro-Forestry-Fisheries Quality Assurance Department. He added that it would also encourage more enterprises to export pangasius to the US along with the current 13 exporters.

Eager to buy from Vietnam

In order to meet US regulations, Vietnam has been working closely with stakeholders within their own country to develop a system that meets the US Farm Bill 2014.

US importers are likely to become eager to buy more fish from Vietnam because of the recognition. The outlook for the last two months of 2019 is the export value will rise, contributing to the growth of the pangasius industry. Last year, Vietnam exported US$550 million worth of pangasius to the US, the country’s second largest market.

Source: Nhân Dân