Higher demand, prices drive up Vietnam’s shrimp earnings

Published on
September 5, 2016

Shrimp exporters from Vietnam achieved sales totaling USD 1.6 billion (EUR 1.4 billion) in the first seven months of this year, representing an increase of 4.6 percent year-on-year, with the Vietnam Association of Seafood Exporters and Producers (VASEP) attributing the growth to stronger demand from main markets and an upward trend of global shrimp prices caused by an overall supply shortage.

The association’s latest figures find the Southeast Asian country has exported shrimp to 76 different…

Contributing Editor reporting from London, UK

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