At the end of March, 2014, the price of Tra fish increased to 25,000 – 26,000 VND/kg, so the small farmers made a profit of 4,000 VND/kg. However, many people do not have captial to farm fish because processing businesses appropriate it and they have difficulties accessing bank loans.
Regardless of difficulties in Tra fish aquaculture, among its 10 years working, Thoi An Fisheries Cooperative (O Mon district, Can Tho city) had nine years getting profit and only one facing losses.
The U.S. Congress recently passed the U.S. Farm Bill 2014 which contains terms causing worries to Vietnam Tra fish farmers and exporters. How should we acknowledge this problem?
Affirming this, VASEP General Secretary Truong Dinh Hoe also said that his agency is making every effort to hasten the establishment of a Tra fish distribution center and auction between the association and the port of Zeebrugge (Belgium).
It is the second time within five years Vietnamese Tra fish has been as an export to Russia, for the same reason: Food hygiene and safety. Russia is not the leading market of Vietnamese Tra fish but it has a great importance in the field.
While there is information about Vietnam Tra fish meeting with difficulties in the main markets (the U.S., Russia, the EU), there is another raising hopes, that is VASEP is promoting the establishment of a Tra fish distribution center in the EU.
Vietnam’s Tra, Basa talks with Nguyen Viet Manh, head of the Department of Science, Technology and International Cooperation (the Directorate of Fisheries) about establishing a Tra fish auction and distribution center in the European Union (EU).
The catfish inspection program that has cost American taxpayers USD 30 million (EUR 21.9 million) without inspecting a single fish has survived yet another attempt to cut it from the federal budget.
Many experts say that this year, Tra fish production and export will continue facing difficulties. Vietnam’s Tra, Basa had talks with administrators, leaders and businesses to learn more about the difficulties.
Since the first anti-dumping case in 2002, the US has conducted eight anti-dumping investigations on flozen Tra and Basa fillet from Vietnam. Most recently, the US Department of Commerce (DOC) decided to impose an anti-dumping duty 25 – 45 times higher during the 8th administrative review (POR8). This is a dangerous sign for the production, processing and export of Vietnamese Tra fish.