The first Vietnam – Norway business summit on marine rest raw material processing that can lead to cooperation between the two countries took place in Vietnam on 14 November.
The business summit brought nine Norwegian companies in the marine processing industry, Vietnam’s Directorate of Fisheries, Ministry of Science and Technology, Nha Trang University, Vinh Hoan Corporation, Vietnam Food, and other Vietnamese businesses operating in the marine sector together, according to The Voice of Vietnam.
The event aimed at introducing Norway’s technologies and products applicable for processing of seafood and marine rest raw materials. It is also served as a forum for Vietnamese and Norwegian businesses to connect.
Rest raw materials are what remains after the edible part of the animal, fish or plant has been removed.
“Annual volume of fishery products in Vietnam is over 7 million tons leaving 15-20% of the rest raw materials which can be used for high value products of both feed and human grade with potentially great economic benefits”, said Deputy Director General of the Directorate of Fisheries Mr. Tran Dinh Luan.
The Commercial Section of the Royal Norwegian Embassy, Innovation Norway in coordination with the Directorate of Fisheries, the Ministry of Agriculture and Rural Development (MARD) of Vietnam organized the business summit.
Ten Norwegian companies are curently on a visit to Vietnam from 7- 17 November.