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Tough Times for Vietnamese Seafood Sector

VIET NAM - The provision of inaccurate information has psychologically affected consumers from importing countries as well as Vietnamese businesses export-import activities.

The export of Vietnamese tra and basa catfish is being seriously affected by soaring food prices and pressure from the trade protection policies of importing countries, reports VOV News. Meanwhile, breeders are experiencing a sharp drop in catfish prices and finding it difficult to access interest subsidised loans.

According to VOV News, more and more Vietnams tra and basa catfish importers like France, Spain, Norway and the US have used the media to lower the prestige and quality of Vietnamese tra and basa catfish products.

This has affected what consumers from importing countries think. In addition, Vietnamese tra and basa exporters are always about being filed by anti-dumping lawsuits.

According to the Vietnam Association of Seafood Exporter and Processors (VASEP), most businesses have had to have a certificate of product origin to enter the demanding markets like Europe while others, which encourage trade fraud have badly affected the prestige of Vietnamese seafood exporters.

the Fish Site Editor

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