Inflation in UK is at a record high, British people rush to buy Vietnamese pangasius, thanks to its cheap price

On September 14, the Vietnam Association of Seafood Exporters and Producers (VASEP) said that inflation in the UK is at a 40-year record high and is almost the highest in European countries. High priced products are limited. As a result, exports of shrimp, tuna and many other marine fish to the UK dropped sharply. Meanwhile, pangasius export still maintained a growth rate of 16% because of its moderate price. Moreover, the UK has a shortage of white fish due to the ban on seafood from Russia, so pangasius is used instead. In addition, the Free Trade Agreement between Vietnam and the UK has helped reduce the import tax on pangasius into the UK in 2022 to 0%, giving this item an added advantage. Particularly in August, pangasius exports to the UK reached more than 7 million USD, which is one of the months with high export value since the beginning of the year and increased more than 3 times compared to the same period in August 2021 (because this is the time of year). export points ...