Vietnam’s squid, octopus exports down 21.2 percent With COVID-19 affecting global demand, Viet Nam’s exports of squid and octopus fell by 21.2 per cent in the first five months of the year. Korea, traditionally Viet Nam’s largest buyer of squid and octopus, accounting for 42.6 per cent of total exports, has bought 21.2 per cent less this year. The fall in shipments to the EU was 49 per cent. Exports to China increased by 38 per cent to $13.7 million. While its imports of squid and octopus fell in the first two months, its demand picked up from March onwards, when its COVID-19 situation began to improve. According to VASEP, since COVID-19 is not completely under control around the world, supply of raw seafood and global demand for processed seafood would continue to fall, as would Viet Nam’s exports. Bac Giang develops standards for lychee Possessing major potential in lychee exports, over recent years the northern province of Bac Giang has developed safe agricultural production models that meet the strict standards imposed by demanding global markets. The province is now trying to turn lychee into a spearhead export product, to help lift its economy. Besides organising technical transfer training and… Read full this story
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