Vietnam’s USD 300 Million Tuna Export On Targetff
27 January 2011
Vietnam Source: Vietnam Business Registration
The Vietnam Association of Seafood Exporters and Producers (VASEP) is targeting USD 300 million in tuna exports this year, up 4.5% year-on-year.
The association hopes the recently agreed cuts to international bluefin tuna fishing will mean better earnings for the yellow-fin tuna industry here.
A 40% cut in the blue-fin tuna catch in the eastern Atlantic Ocean region has been agreed by the International Commission for the Conservation of Atlantic Tuna while the Commission for the Conservation of Southern Bluefin Tuna will reduce catches by 20% this year.
Now is a good chance for local exporters as the nation primarily exports yellow-fin tuna, VASEP said.
Domestic enterprises would have trouble expanding their export markets due to a lack of input materials, an official from Dragon Waves Seafood Co. in Khanh Hoa Province said, however.
