HCM City, Feb. 10 -- Vietnam shipped 774.3 million USD worth of aquatic products abroad in January, a year-on-year increase of 3.3%, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

This growth is noteworthy given that it coincided with the Lunar New Year holiday.

Shrimp continued to lead the sector, generating 300 million USD in revenue and accounting for 39% of the total export.

VASEP Communications Director Le Hang cited a recent report from the Netherlands' Rabobank as showing that the global shrimp industry is in a rebalancing phase, with production growth expected to slow across major producers who are working to narrow the supply - demand gap. This will lead to gradual price recovery in the first ...