China’s Greater Seafood Imports Brightens Vietnam’s Trade Prospects
After a six-month-long depression, Vietnam has seen an increase in aquatic exports in July. Although its exports have contracted by about 2% within the first half of 2019 compared with the same period last year, the total export value has reached USD $4.7 billion from January to July, close to that of last year, thanks to July’s greater exports.
The higher export value is due mainly to a dramatic increase in China’s purchasing, though exports to the E.U. and South Korea are still declining. For example, Vietnam’s shrimp export ...
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