China demand drives up Vietnam shrimp prices

The shrimp prices in Mekong Delta have been increasing rapidly, since Chinese have come to scramble for collecting shrimps with Vietnamese.

Nguyen Van Kich, General Director of Cafatex Group in Hau Giang province, a big shrimp cultivating area, has confirmed that since the beginning of the year, Chinese have been competing with Vietnamese seafood processing companies to buy shrimp and carry away to China for sale.??

“Not only collecting high quality shrimps, Chinese have accepted low quality products as well. Especially, they even asked farmers to inject impurities into the shrimp to make them heavier,” he said.

Click here to read the full story from VietnamNet > 

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