June 10, 2009
Vietnam Jan-May seafood export earnings seen down 10 percent
Vietnamese firms were estimated to have earned US$1.3 billion from seafood exports in the first five months this year, down 10 percent on-year, the Vietnam Association for Seafood Exporters and Producers (VASEP) said.
The export is forecast to continue falling for the decreasing purchase as banks cut down capital for goods reserve.
The seafood sector plans to earn US$4 billion from export in 2009, against US$4.5 billion it made last year.
Vietnam is now among top ten seafood exporters in the world, with products being exported to 150 countries and territories worldwide.
