Seafood exports to the EU have been slowing down due to the public debt crisis in the region. However, the US and South American markets have “rescued” Vietnam’s tra fish.
In Mekong Delta provinces, 20 tra processing factories which account for 90 percent of the export volume, and have been running at full capacity since early February. Workers there have to work on Saturdays and Sundays as well, so that the companies can deliver products on schedule.
Agifish An Giang, Nam Viet, Viet An, Hung Ca, Hung Vuong and Vinh Hoan all have raised the processing output to 170-250 tons of tra fish materials per day. Things were quite different on the days just before Tet. As the export markets were narrowed, the factories only ran at moderate level.
The EU market has fallen dramatically. In order to find the ways out, a lot of seafood companies sent staffs to foreign countries to open new markets. Deputy Chair of the Vietnam Association of Seafood Exporters and Producers VASEP Duong Ngoc Minh said a lot of new, non-EU markets have been opened.
