The Ornamental Fish Festival 2018 kicked off in Ho Chi Minh City on September 20 (Photo: VNA)
HCM City (VNA) –ꦆ The Ornamental Fish Festival 2018 kicked off in Ho ChiMinh City on September 20.
Thefive-day event, held by the municipal Department of Agriculture and RuralDevelopment and the Investment and Trade Promotion Centre of HCM City, aims toseek new markets for the city’s ornamental fish sector. As manyas 200 fish ponds were set up at the event, introducing various ornamental fishspecies with high economic value, including neon ornamental fish, koi fish and mollusc,among others. The festival also offered chances for ornamental fish businesses tomeet, update on advanced technologies and seek partners. Experiences in fish breeding and safe production models in new-stylerural communes were shared at the event, in addition to an area providingcounseling on ornamental fish markets for businesses and visitors. HCM Cityis striving to produce 180 million ornamental fish and export about 21 millionfish this year, raking in 23 million USD. The city’s ornamental fish is exported to 43 countries and territoriesaround the world, with the EU market accounting for 54 percent. According to the fisheries branch of the municipal Department ofAgriculture and Rural Development, in the first nine months of 2018, the cityshipped abroad 137 million ornamental fish, up 19.13 percent year on year.-VNA
Ho Chi Minh City’s ornamental fish breeding industry is seeking to expand consumption markets as production and export of the species have been growing.
The demand for ornamental fish in the country is large but fish breeders in HCM City have not fully exploited this market because of their small scale of production.
The average production value per hectare of agricultural land in Ho Chi Minh City has increased year after year even as the area shrank, according to the municipal Department of Agriculture and Rural Development.
The Ho Chi Minh Fisheries Sub-department has selected four ornamental fish farms that meet conditions to produce ornamental fish under Good Manufacturing Practice (GMP) standards.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
The Ornamental Fish Festival 2018 kicked off in Ho Chi Minh City on September 20 (Photo: VNA) 
