While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Việt Nam''s shrimp industry.
The value of seafood exports this year could increase to US$7 billion,
but the fisheries industry will have to overcome several obstacles to
achieve that target.
The Viet Nam Seafood Exporters and Producers (VASEP) expects the value
of Vietnamese seafood exports to China to increase strongly, touching
US$800-900 million annually in the coming years.
