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Day: July 28, 2024

First half jump in Vietnam fish exports opportunity for foreign aquatic feed firms

Vietnam’s fisheries are a core part of its economy, ranking fifth in export value. The aquatic feed market, however, is largely dominated by foreign companies. For pangasius feed, foreign enterprises such as the US’s Cargill, Thailand’s Green Feed, and Netherlands’ De Heus hold about 65 to 70 percent of the market share. Similarly, the shrimp feed market is entirely dominated by foreign firms such as Taiwan’s Uni–President, Thailand‘s CP and France’s Tomboy…

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Deputy PM pushes for greater grid feed-in allowances for rooftop solar

Of note, originally the MoIT had been pushing for no feed-in tariffs on rooftop solar. It had then, at the request of the government, reluctantly agreed to have feed-in tariffs–paid at about 2.6 cents per kilowatt-hour–but limited to just ten percent of the installation’s capacity. This is off the back of past rooftop solar policies causing broad challenges for Vietnam’s electricity sector…

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