Walmart seeking more seafood supplies from Vietnam

Multinational retail chain Walmart is looking for more supplies of seafood and other food products from Vietnam to meet its rising demand globally.

Vietnam’s Ministry of Industry and Trade and Walmart jointly held a seminar on 17 July in Ho Chi Minh City, titled “Strategies to cooperate with retail chain Walmart,” according to a government statement.

Walmart wants to see more products from Vietnam in its global supply chain – including seafood, food, household appliances, furniture, and toys – Johnny Fung, senior director of Walmart Global Sourcing, said during the seminar.

In 2018, Walmart was operating in 28 countries with a sales value of USD 500 billion (EUR 444 billion), serving an average of 270 million customers per week. At present, the demand for new products and suppliers is huge, Fung said.

The most challenging issue for Vietnamese seafood companies is the compliance of standards, such as those for sustainable development and social responsibility, said To Tuong Lan, Vice General Secretary of the Vietnam Association of Seafood Exporters and Producers (VASEP).

But Fung said Walmart has been working with numerous Vietnamese partners and is willing to address their concerns in approaching its distribution system. It is ready to provide support to improve suppliers’ production capabilities and technologies, raise awareness in labor safety, and protect labor rights, Fung explained.

Ta Hoang Linh, director of the Vietnamese ministry’s European and American market department, said the Vietnamese market has gained significant interests from the world’s global retailers, including Walmart. The seminar is part of the government’s plan to facilitate more participation of Vietnamese suppliers into global value chains, added Linh. The ministry will support Walmart in setting up a system of qualified suppliers, with a view to gradually increasing the share of Vietnamese goods in its distribution network globally.

Every country, tradition and culture has their own art and aesthetics of sea food and specially fishes. All regions, religions and castes have their own importance of sea food cuisines. From Britain to New Zea land, fish dishes have its own importance. In fact, it is a major source of food in most of the countries. It is good for summer as well as winter cooking. It is safe and easy to prepare and cook with sauces, vegetables and spices. Fish offers a delicious, nutritious meal that is beneficial for health. These are low fats and give enormous amount of energy. It also provides a super source of OMEGA 3 fatty acids.

Most of the people prefer the blue fin tuna as a major source of their food. It is supposed to be the largest tuna available and is highly delicious when cooked. It is also the expensive fish, however the fans of sushi cannot think about it with tuna. It typically grows to about 6ft and weighs as much as 130kgs. Most of the top restaurants offer different types of tuna dishes in different seasons including winter. Grilled tuna bones taste like real meat such as beef or pork ribs; believe it or not, it’s a perfect for outings or hang outs or campfires! People prefer it in almost every occasion with wine and Campaign. In fact, it can be easily seen in parties, wedding ceremonies or any grand occasion.

One of the most popular fishes is grunt; it is best to eat in the rainy season. It is very tasty and found in abundance in almost every place. Its meat contains a high percentage of fat. Its taste is extremely light and delicate, like other white fishes. It can be easily found in hotels and restaurants of any size. It is not an expensive food and people can afford it easily. Most of the restaurants offer varied dishes of grunt and offer home delivery also. Along with fried grant, most of the people like Frozen Squid or frozen seafood suppliers in order to have rich experience.

Today, it is possible to find the best fish dishes in every region, from blue fin tuna, vannamei white shrimp to squids. Every fish market provides different types of fishes to satisfy different tastes and preferences. As fishes are rich source of proteins and other essential minerals, people are also turning towards fish diets throughout the world.

Sea Food

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