VASEP forecasts $7 billion seafood exports

Vietnam’s seafood exports are forecast to hit US$7 billion this year, an increase of 5 percent over last year, according to the Vietnam Association of Seafood Exporters and Producers.
 

Processing fish at QVD Food Company in Sa Dec Industrial Zone, Dong Thap Province (Photo: SGGP)

Export value growth of items like shrimps and octopus might touch 120 percent to the US market, 108 percent to the South Korea and 109 percent to Switzerland.
 
Shrimp products are expected to bring about $3.5 billion and octopus $470 million.

By Van Phuc – Translated by Hai Mien

Other news

Banking-finance

VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Economy

HCMC focuses on safe pig breeding chain

The HCM City department of agriculture & rural development has just held conference about the sustainable pig breeding and safe pork production market in HCMC.

Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market

STK to issue 10.8million shares

The shareholders of Century Synthetic Fiber Corp (code: STK) have approved plan to issue 10.8 million shares.