Opportunities and challenges for Vietnamese seafood in the US market

Le Hang, media director of the Vietnam Association of Seafood Processors and Exporters, said that amid the intensifying trade tensions between China and the United States, the U.S. supply chain and commodity imports will continue to shift. The U.S. market has a huge demand for aquatic products, and in recent years, the quality of Vietnamese aquatic products has been increasing, which has helped maintain and expand its position in the market. Among them, shrimp and tra fish are Vietnam's main export products, and they have a certain position in the international market, especially in the U.S. market. Therefore, Vietnam will become one of the priority alternative aquatic product suppliers for U.S. importers, providing an opportunity to increase market share. However, Ms. Le Hang said that Vietnamese companies also face trade defense measures such as anti-dumping duties, countervailing duties and strict requirements on product quality. Therefore, in order to promote the export of ...