ANALYSIS: Vietnam Shrimp Exports Continue to Flourish
Vietnam's shrimp farming industry has witnessed accelerated growth in recent years, partly driven by government plans to boost exports from $3.85bn in 2020 to $10bn by 2025.
While COVID-19 bottlenecks continue to influence trade, major strides such as the EU–Vietnam Free Trade Agreement (EVFTA) have offset economic headwinds by boosting exports to the European continent. Value-added shrimp exports increased by 16% over the first five months of this year according to Ca Mau province’s Department of Industry and Trade...
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