Aquatic exports to set to face numerous challenges this over coming year
VOV.VN - Despite Vietnamese seafood exports reaching a record high of US$11 billion last year, the fisheries sector is anticipated to encounter numerous difficulties in the year ahead due to high inflation globally which will lead to consumers moving to tighten their spending.
This comes following the number of seafood export orders sharply declining in the remaining months of last year, with several businesses not receiving orders for the first quarter of this year.
Furthermore, domestic enterprises have faced numerous difficulties as they lack capital to purchase raw materials, thereby leading to delays in fulfilling export orders for customers.
Tran Dinh Luan, general director of the Directorate of Fisheries, revealed that in order to keep up with changes occurring in the market, state management agencies, businesses, and localities are required to devise short-term and long-term plans aimed at fully tapping into their advantages.
Luan went on to underscore the importance of publicity and transparency in origin traceability, as well as in applying information technology throughout the entire seafood production chain to seize upon opportunities as there are positive signs in the international market moving forward.
