HA NOI – Viet Nam's seafood products were shipped to over 160 countries worldwide this year, helping the country become one of the world's top 10 seafood exporters, said Deputy Minister of Agriculture and Rural Development Vu Van Tam.
However, the development of the seafood processing industry had not gone exactly according to plan, resulting in a number of practical difficulties such as an imbalance of supply and demand and an unstable market.
The industry needed to carry out research to assess the market and make predictions for the future in a move to ensure sustainable development, he said.
The fishing industry aimed to increase production by 8-10 per cent per year and to export 6.5-7 million tonnes of seafood worth US$8-9 billion by 2020, following a development strategy approved recently by the Prime Minister.
The country earned $3.98 billion from seafood exports during the first 10 months of the year, up 14.46 per cent compared to 2009.Source: vnagency.com.vn
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