The Vietnam Fisheries International Exhibition - Vietfish held in August drew considerable interest from international buyers, signaling a promising outlook for aquatic product exports.
Vietnam's aquatic product exports are forecast to rake in 8.4 billion USD this year, equivalent to the figure in 2020, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s aquatic export is hoped to hit 9 billion USD in 2021 thanks to the recovery of consumption in key markets such as the US, the European Union (EU), and other potential markets.
Vietnam’s aquatic product export in the first half of this year exceeded 4.1 billion USD, the Vietnam Association of Seafood Exporters and Producers (VASEP) released.
Vietnam’s aquatic product export is expected to hit 8.7-9 billion USD, a year-on-year increase of 5-7 percent compared with last year's figure as demand is rising in many countries thanks to vaccination, according to the Ministry of Industry and Trade (MoIT).
Vietnam’s total aquatic product export value in January fell by 12.5 percent year-on-year to 644 million USD due to the impacts of the novel coronavirus epidemic, according to the Vietnam Association and Seafood Exporters and Producers (VASEP).
Vietnam has targeted to earn 9 billion USD from fishery exports in 2020, a year-on-year increase of 7 percent, according to the Directorate of Fisheries.