Russia seafood exports to increase

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Vietnamese mollusc exports will increase significantly in the second quarter of the year, according to forecast by the Viet Nam Association of Seafood Exporters and Producers (VASEP).

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HA NOI (Biz Hub) — Vietnamese mollusc exports will increase significantly in the second quarter of the year, according to forecast by the Viet Nam Association of Seafood Exporters and Producers (VASEP).

After three consecutive slumps, mollusc exports to Russia rebounded in June 2013, and have steadily edged up ever since, thereby experiencing exponential growth of between 163 per cent and 966 per cent over the previous year.

However, exporters who are keen on massively expanding their exports and penetrating deeper into the Russian market will still have to face tough price competition, VASEP warned. — VNS

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