Gloom about seafood exports in 2013

(VOV) - Vietnam’s seafood exports will face a lot of difficulties on account of shrinking markets in the US, the EU, Japan and the Republic of Korea (RoK).

The Vietnam Association of Seafood Exporters and Producers (VASEP) estimates shrimp export turnover in 2013 at US$2.4 billion, up 6.5 percent compared to the previous year if the domestic businesses succeed in competing against Chinese traders and overcoming Ethoxyquin barriers.

Last year, seafood exports earned US$6.15 billion, up 0.7 percent against the previous year but just 94.2 percent of the set target.