Kyokuyo Co., Ltd., Japan’s third largest seafood processor, has opened a US$12.65 million factory in Vietnam’s Long An Province, following concerns about Fukushima water safety and overdependence on China, according to Japan’s Nikkei Asia newspaper. As the first facility of the Japanese seafood giant in Vietnam, the factory specializes in producing crab and fish filets with workshops and machinery imported from Japan and Europe. Kyokuyo plans to export products from this factory to around the world, including to Japan and Southeast Asia. In August 2023, after Japan began discharging treated water from the Fukushima nuclear power plant into the Pacific Ocean, China banned all seafood imports from Japan. Kyokuyo is Japan's third largest seafood producer by assets after Maruha Nichiro and Nissui, as of March, Nikkei Asia said, citing Statista data.

Source: Tuoitre News November 23, 2024 12:58 UTC