(vasep.com.vn) Ngoc Tri Seafood expected to introduce new shrimp processing factories for value added products in its own booth in the Seafood Expo Global 2015.
Ngoc Tri Seafood revealed that the company earned US$ 8.5 million from shrimp sales abroad from January to April 2015, up 50% year on year by both volume and value. The company has recently put a new plant into operation, which explained this sharp increase.
The source also unveiled some obstacles they found this year. The exchange rate violatility in many countries encourages exporters to increase sales to the US. Competition in the US, therefore, became fiecer and shrimp import price tends to be lower.