Cadovimex II: pangasius exports to reach US$ 50 million in 2014
(vasep.com.vn) In 8 initial months of 2014, Seafood Import Export And Processing Joint Stock Company (Cadovimex II) earned US$ 30 million from pangasius exports. From now till the end of the year, Cadovimex II accelerates pangasius to get US$ 20 million, driving all year export turnover to reach US$ 50 million.
According to Cadovimex II, raw shrimp price rose by VND 1,000 / kg over the past few weeks. It is noted that demand for pangasius in Europe and the United States remained stable. Pangasius had moderate speed of consumption in these markets and no surge in purchasing was witnessed.