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    Home > Food News > Food Articles > Vietnam and South Korea have great potential for cooperation in the field of aquatic products

    Vietnam and South Korea have great potential for cooperation in the field of aquatic products

    • Last Update: 2022-11-25
    • Source: Internet
    • Author: User
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    Vietnam and South Korea both have long coastlines and abundant aquatic resources, so there is great
    potential for cooperation between the two countries in the field of maritime and aquatic products.
     
    As Vietnam and South Korea are about to celebrate the 30th anniversary of the establishment of diplomatic relations between the two countries (1992.
    12.
    22~2022.
    12.
    22), Cho Seung Hwan, Minister of Marine and Fisheries of South Korea, was interviewed
    by reporters.
     
    Minister Cho Seung-hwan said Vietnam is South Korea's third largest supplier of seafood products, accounting for 13%
    of South Korea's seafood imports.
    By the end of 2021, Vietnam's seafood exports to South Korea amounted to about US$800 million, with shrimp and octopus
    as its main exports.
    Vietnam is the world's fourth largest exporter of aquatic products, after China, Japan and the United States, and its main exports are tuna, shrimp, monk fishery and caviar
    .
     
    The outbreak of the new crown pneumonia has made South Koreans pay more attention to the issue of
    healthy food.
    In addition, due to the opening of the market and the development of the food industry, South Korea's import demand for aquatic products is increasing
    .
     
    Minister Cho Seung-hwan introduced South Korea's advantages
    in aquatic product breeding technology.
    Since the beginning of the year, South Korea has implemented the project "Improving the Efficiency of Aquaculture in Northern Provinces of Vietnam" (2022-2026), with a total investment of US$3.
    4 million
    , he said.
    The project aims to improve the scientific farming capacity of aquaculture farmers in the northern provinces of Viet Nam, promote technology transfer and ensure the sustainable development
    of aquaculture.
     
    Minister Cho Seung-hwan hoped that in the future, the two countries will cooperate to develop smart and environmentally friendly aquaculture technologies and build partnerships
    in the field of sustainable aquaculture.
     
    In recent years, the Ministry of Marine and Fisheries of Korea has been promoting a number of cooperation projects with Vietnam to enhance Vietnam's maritime and fisheries capacity
    through official development assistance.
     
    The two countries also cooperate
    in maritime security policy consultations and in the area of ports.
    In the private shipping sector, South Korea is stepping up research into Vietnam, a major logistics hub in Southeast Asia
    .
     
    Vietnam has always been South Korea's main partner in the maritime and fishery fields, and with mutual trust and development potential between the two countries, Cho believes that the two countries will play each other's role as important partners in the region
    .
     
    Since 2020, Vietnam and South Korea have strengthened close cooperation
    in the field of maritime engineer training.
    Minister Cho Seung-hwan hoped that South Korean companies will have the opportunity to participate in port development projects
    in Vietnam.
    In addition, the two countries can explore cooperation opportunities
    on global issues such as climate change, marine litter pollution, and aquatic resource protection.
    (End)
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