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Vietnam: Timely adaptation to changes in the seafood market

Seafood
Vietnam
Published Jun 2, 2023

Original content

Around the issue of reducing the export value of seafood - one of the key commodities in the agricultural sector, Deputy Minister of Agriculture and Rural Development Phung Duc Tien said, facing difficulties and challenges to the economy, aggregate demand greatly reduced, many airlines have no orders. In many industries, workers only work a few days a month, affecting the income of workers, so the demand for living and consumption decreases. This is considered the main reason leading to the decrease in export value of Vietnamese seafood. Deputy Minister of Agriculture and Rural Development Phung Duc Tien acknowledged that although seafood exports decreased compared to the same period last year, the reduction was gradually being reduced. In fact, this number is not too negative, because Vietnam's seafood industry has had a breakthrough growth in 2022. According to information from the Vietnam Association of Seafood Exporters and Producers (VASEP), many seafood businesses have ...
Source: Baochinhphu
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