Vietnam's lobster exports to China increase 27 times

In the first two months of this year, lobster exports reached nearly US$30 million, up 1,746% from the same period in 2023, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). Vietnamese lobster is still mainly exported to the Chinese market. In the first two months of the year, lobster exports to this market reached almost US$29 million, 27 times higher than the same period last year. As of October 2023, China stopped importing lobsters from Vietnam due to regulations related to the country's Wildlife Protection Law. In order to export lobsters to China, Vietnamese enterprises must prove that the lobsters are not caught directly from the sea, that is, the breeds must be of the F2 generation, which clearly demonstrates the farming process. In order for Vietnamese businesses to once again be able to export lobsters to China, on January 20, 2024, as part of a working meeting between the delegation of the Ministry of Agriculture and Rural Development led ...