Viet Nam’s exports of seafood to EU crashVietnamese seafood exports to the European Union last month crashed over a shortage in EU-compliant raw materials, the Viet Nam Association of Seafood Exporters and Producers (VASEP) said. Vietnamese seafood exports to the European Union last month crashed over a shortage in EU-compliant raw materials, the Viet Nam Association of Seafood Exporters and Producers (VASEP) said. In April, Viet Nam’s tuna exports to the EU fell by 10 per cent year-on-year, while squid and octopus exports decreased by 41 per cent and mollusk exports went down by 19 per cent, VASEP said. While demand for Vietnamese seafood exports to the EU is currently quite large, the number of exploited seafood meeting the EU’s requirements in traceability is not high. The EU is expected to decide on whether to withdraw the “yellow card” from Vietnamese offshore seafood exports after the inspection.

Source: VietNamNet News May 28, 2018 03:22 UTC