Vietnam’s aquatic exports will experience only a slight recovery in the first half of this year due to market volatility and a host of challenges to the global economy, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). The sector expects to earn 9.5 billion USD from exports this year, up 3% from 2023 when the value reached 9.2 billion USD or 92% of the yearly target. According to VASEP, with rosy signs in late 2023, exports to some markets like the US, the European Union (EU), and the Republic of Korea (RoK) would bounce back in the first months of this year. Besides, Vietnamese exporters are still seeking ways to expand the markets.

Source: Vietnam News Agency