Be A2 2013

2054 WordsJun 18, 20139 Pages
BTEC HND IN BUSINESS (FINANCE) ASSIGNMENT COVER SHEET | NAME OF STUDENT | | REGISTRATION NO. | | UNIT TITLE | Business Environment (Unit 1) | ASSIGNMENT TITLE | Vietnam Association of Seafood Exporters and Producers (VASEP) | ASSIGNMENT NO | 2 of 2 | NAME OF ASSESSOR | Jubred A. Peñano | SUBMISSION DEADLINE | January 8, 2013 | ------------------------------------------------- ------------------------------------------------- I, __________________________ hereby confirm that this assignment is my own work and not copied or plagiarized from any source. I have referenced the sources from which information is obtained by me for this assignment. -------------------------------------------------…show more content…
Most of VASEP members are prestige seafood producers and exporters, represent 80% of the total seafood exports of Vietnam; the others are service enterprises. In the Plenary Congress of the Viet Nam Association of Seafood Exporters and Producers (VASEP) which took place in HCM City on June 12, 2012 - the Association’s 14th anniversary, Mr. Tran Thien Hai, VASEP Chairman said that “Viet Nam’s seafood enterprises have long struggled with numerous market barriers, raw materials, and credit crunch, etc. However, the industry still keeps growing thanks to band-aid measures. But now, VASEP and seafood enterprises must get real about the threats and the join forces to develop in a sustainable manner. Although many enterprises are in trouble, others still performs well. Therefore, we need to decide which target is more important; the US$6.5 billion export turnover or the sustainable development?” The recent spectacular achievements would not last if the seafood industry does not restructure themselves, said Dr. Nguyen Huu Dung, VASEP Vice President. “The fast growth in volume negatively affected the quality. As the external condition changes, enterprises will fall into hardship. Therefore, it is crucial that the enterprises and government evaluate themselves and the situation,” said Dung. According to Dung, the seafood enterprises in Viet Nam have undertaken restructuring since 2008. At present, the number of farming areas owned by enterprises increase day by day.
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