HCM City, April 3 -- Vietnam's seafood exports staged a remarkable recovery in the first quarter, reaching a total value of 2.45 billion USD, up 26% year-on-year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). Shrimp and tra fish remained the key drivers of growth. By the end of Q1, shrimp exports totalled 931.6 million USD, a sharp increase of 35.7% compared to the same period last year. This surge was largely attributed to robust demand from major markets such as China, the US, and the EU. Meanwhile, tra fish exports contributed 465 million USD, an annual rise of 13%. Industry insiders pointed to stable raw material prices and a strategic shift towards higher-value processed products as key factors unde...
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