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Vietnam's seafood exports to ASEAN expected to reach US 1$ billion

by VTV420 September 2018 Last updated at 07:21 AM

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VTV.vn - With its continuous growth, ASEAN has become an important market for Vietnamese seafood, and the prospect of US$1 billion worth of yearly seafood export revenue is reachable.

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietnam's seafood export turnover to the Association of Southeast Asian Nations (ASEAN) hit US$612 million in 2017, up from only US$66 million in 1998.  ASEAN ranked fifth among the most important markets of Vietnamese seafood. Of note, ASEAN surpassed South Korea to become Vietnam's biggest fried fish paste and surimi importer with a value of US$43 million. Vietnamese fishery products have been shipped to all other ASEAN countries, with top items being saltwater fish, tra fish, cuttlefish and octopus.