Minh Phu Expects Vietnam's Seafood Exports to Pick Up After Poor Q1
SEAFOODNEWS.COM [Vietnam News Summary] April 14, 2015
Minh Phu, the country’s leading seafood exporter, said that the 23% decline in seafood exports in the first quarter of this year is not a big worry as the situation can improve in the coming months.
Chu Van An, Deputy General Director of Minh Phu Seafood Corporation, said the country’s seafood shipments in Q1 of last year went up beyond projections due to limited supply in India, Thailand and China. However, exports of these three Asian seafood exporters shot up in January-March this year.
An told the Daily that his experience showed demand for seafood, particularly shrimp, in importing markets is usually weak in the first three months of year but grows strong in the following months...
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