South Ha Tinh Seaproduct Import-Export Joint Stock Company (Shatico) said it shipped squid (whole) to Italy for the first time in May, however, it did not prevail the volume and value of this export item.
In the last two months (April and May), Shatico sold 70 tons of seafood to customers in Japan and Italy, and it plans to export more in next few months. Currently, Shatico is in difficulties due to a shortage in raw material, and lack of capital due to stricter loan policies of Vietnam’s commercial banks.
However, the company will produce whiteleg shrimp (vanamei) in moderate volume in order to gradually expand business activities, said Mr.Dang Sy Tien, Shatico’s director.