Vietnam seafood sector reports uptick

The latest official statistics show that in the 10 months leading up to November, seafood exports mushroomed from 15 to 45% in 166 markets around the globe to gross US$6.5 billion in revenue.

Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP) Truong Dinh Hoe said the statistics are encouraging, and predicted exports this year to surpass last year’s figure of US$6.7 billion by US$600-700 million.

By the end of November, seafood exports are likely to reach US$7 billion, he added.