Shrimp processed for export (Photo: VNA)
Hanoi (VNA) – Vietnam’s
aquatic product exports are expected to rake
in 9.4 billion USD this year, a surge from 8.5 billion USD in 2020, driven by a
export markets and the support of free trade
agreements, according to the Vietnam Association of Seafood Producers and
Exporters (VASEP).
Analysts of FPT Securities JSC (FPTS) predicted Vietnam to continue increasing
shrimp output in 2021, reaching 730,000 tonnes, up 4 percent year-on-year.
Stable supply will be an advantage for Vietnamese shrimp
exporters to expand their market shares in export markets.
The prices of exported shrimps are also forecast to rise
slightly by 5 percent to an average of 9.6 USD per kg, according to an FPTS
Prime Minister Nguyen Xuan Phuc has approved investment intention in a project on infrastructure development at the Thuan Thuan I Industrial Park in northern Bac Ninh province.
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