Apr 19, 2012

Vietnam - Fisheries seek to penetrate European market


Nearly 40 Vietnamese businesses will take part in the annual European Seafood Exposition to be held in Brussels , Belgium on April 24-26.

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), the move aims to promote Vietnamese aquatic products to the European market.

The fair, the largest of its kind in Europe , brings together about 1,600 seafood producers, processors and consumers from 70 countries worldwide.

Products and services serving the seafood processing industry will also be introduced at the exposition.

Europe is seen as a key market for Vietnamese aquatic products as it consumes nearly 20 per cent of the country’s fisheries exports.

However, the General Department of Vietnam Customs said fisheries export turnover to Europe in the first quarter of this year was just over $200 million, reflecting a year-on-year decrease of 8 percent.

The contraction is mainly attributed to reduced exports of shrimp and tra fish. Meanwhile, other export items such as tuna and molluscs are still favoured in the EU.

VIR – VNA



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