Vietnam

VIETNAMS SEAFOOD EXPORT TO THE EU: ADVANTAGES AND DISADVANTAGES Vietnamese government has winning transfer its parsimony from centrally planned towards opened parsimony since 1986. Trade liberalization is a major feature of this transition. Exports and imports cave in experienced a signifi discountt growth, while the number and start out of agencies being able to participate in trade has expanded. Vietnam has attached to the continuous liberalization of foreign trade in miscellaneous multilateral and bilateral agreements and negotiations. Becoming the 150th member of WTO is a turning point for Vietnams liberalization process. By exposing the economy to world competition, free trade has provided incentives, information and opportunities for domestic industries, curiously enterprises in seafood - one of the main export commodities to other countries. Currently, seafood exports from Vietnam select great prospects, especially to the EU, which is the largest seafood market in the world. However, EU has deep issued some new regulations about fisheries imports. In this assignment, I pull up stakes elaborate on strengths and drawbacks of Vietnams seafood exports to the EU. 1. Advantages Firstly, Vietnam has great potential in aquaculture.

The coastline of 3,260km, river system and tropical monsoon climate are favorable surroundings for the development of seafood industry. In addition, Vietnamese people have umteen experiences in aquaculture. These above elements contribute to the internal strength of Vietnams seafood market. Secondly, EU is the biggest seafood exporter of Vietnam. The amount of national seafood exported to EU account for 25.8% of the inwardness seafood export in 2010. It can be seen that the export esteem increases gradually from 920 million US dollars in 2007 to 1,100 million, 1,250 million, 1,450 million US dollars in 2008, 2009, 2010 respectively. The expected value of seafood export to the EU can be nearly 1,800 million US dollars in 2011. Thirdly, fishery industry has... If you want to get a full essay, rules of order it on our website: Ordercustompaper.com

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