Shrimp exports to reach US$3.5 billion in 2014

16:02 | 20/01/2014 Trade

(VEN) - Shrimp export turnover could reach US$3.5 billion in 2014. However, to achieve the target, the Vietnam Association of Seafood Exporters and Producers (VASEP) assessed that the country needed to control the quality of shrimp and material areas.

Shrimp export turnover could reach US$3.5 billion in 2014. However, to achieve the target, the Vietnam Association of Seafood Exporters and Producers (VASEP) assessed that the country needed to control the quality of shrimp and material areas.

VASEP Secretary-General Truong Dinh Hoe said that in 2013, Vietnamese shrimp made impressive efforts with export turnover of US$3 billion, equal to export turnover of rice (over US$2.9 billion) and exceeding export turnover of agricultural products such as coffee, rubber and pepper. In addition, the rate of processed shrimp accounted for 31 percent and the rate of raw shrimp accounted for the remainder.

Traditional markets like the US, Japan and the EU strictly require high quality products while the Chinese market imports any type of shrimp. Therefore, Vietnamese businesses have increased sales to the Chinese market.

Truong Dinh Hoe said that in 2014, shrimp export turnover could reach US$3.5 billion. However, it is necessary to control the quality of shrimp and limit shrimp exports to China.

Minh Phu Seafood Corporation General Director Le Van Quang said that Vietnamese businesses injected impurities in shrimp to bring super profits. Therefore, the state must strictly control its situation, contributing to avoiding negative impacts on genuine businesses.

Directorate of Fisheries Deputy General Director Pham Anh Tuan said that due to high profits, many companies were not afraid to inject impurities, contributing to reducing the quality of shrimp. In 2014, the Ministry of Agriculture and Rural Development will strengthen the control of impurities in shrimp to avoid negative impacts.

The Ministry of Agriculture and Rural Development will strengthen the control of impurities in shrimp to avoid negative impacts in 2014.

In terms of shrimp exports to China, VASEP said that to reduce the dependence on the Chinese market, companies must comply with regulations in terms of quality of big markets such as the EU and the US /./

By Mai Ca

Theo ven.vn