The export value of pangasius fish products to ASEAN--the fourth largest market of Vietnam in the first half this year--has reduced in recent months, according to the Vietnam Seafood Exporters and Producers Association (Vasep).
|A catfish processing plant in the Mekong Delta (Photo: SGGP)|
Export value reached US$62.35 million, down 2.4 percent over the same period last year. Of these, three largest retailed markets namely Thailand, Singapore and the Philippines saw a reduction of 0.6, 1.9 and 1.6 percent respectively.
ASEAN is the fourth largest market of Vietnamese pangasius fish after the U.S., the EU and China-Hong Kong in the first six months this year.
Despite it is a potential export market, businesses have yet to have appropriate development and advertisement strategies.
In Thailand, Vietnamese catfish products have struggled to compete with frozen filet products of Alaska Pollack, cod and tilapia fish.