Vietnamese shrimp prices rise

This is expected to help boost shrimp prices around August and September. After dropping in price for two months, shrimp prices have increased slightly about 9 cents per kg. The Vietnam Association of Seafood Exporters and Producers (VASEP) has adjusted the shrimp export target from 8.5 billion US dollars to 9 billion US dollars for 2018. VASEP forecasts that shrimp exports would rise strongly this year especially to the EU, China, Japan, and South Korea.