Vietnam gains bigger seafood export revenues in Q1

Vietnam reaped seafood export earnings of 517.5 million U.S. dollars in the first three months of this year, up nearly 4.7 percent over the same period last year.

The country is boosting export of different seafood items, including shrimps and prawns, to traditional markets such as China, the United States, the European Union and Japan, and some new ones like the Middle East, East Europe, Africa and South America, according to the Vietnam Association of Seafood Exporters and Producers on Friday.

Vietnam is also focusing on increasing quality of the products, intensifying their trade promotion, and enhancing its capacity of forecasting seafood prices and export demand, said the association.

The country has eyed seafood export turnovers of 3.1 billion dollars this year, up from over 2.7 billion dollars last year.

Source: Xinhua