(vasep.com.vn) EU is one of the three largest markets of Vietnam seafood. Fish exports to the region accounts for nearly 18 percent of total seafood export value of the country. In which, shrimp exports make up the largest value in its total sales to the block.

(vasep.com.vn) In May 2014, Saota Foods Joint Stock Company (Fimex VN) raised its processing capacity to 878 MT thanks to full swing shrimp harvest.

(vasep.com.vn) Through May 2014, Au Vung Seafoods Company (Au Vung Co) reached US$42.3 million of shrimp exports, up 78 percent year on year.

(vasep.com.vn) Vietnam shrimp exports in May 2014 continued the sharp increase, particularly exports to the U.S. surpassed sales to Japan and EU.

(vasep.com.vn) Through May 2014, Ca Mau Agricultural Products and Foodstuff Im-Ex Joint Stock Company (Agrimexco Ca Mau) shipped 757 MT of shrimp to earn back US$7.5 million.

The main strongpoint and advantages

Light increase in imported frozen

(vasep.com.vn) In May 2014, domestic shrimp prices downed 15-20 percent from those in March. However, in the early June 2014, shrimp prices rose 5-10 percent because of rising shrimp demand from global markets, according to Ngoc Tri Seafood Company (Ngoc Tri Seafood).

(vasep.com.vn) Nhat Duc Co., Ltd sent 70 percent of its total shrimp exports to EU through June 2014. Of the company's total shrimp sales, black tiger shrimp accounted for 40 percent and the remaining was the whiteleg shrimp.

(vasep.com.vn) Through June 2014, Trong Nhan Seafood Co., Ltd exported US$13.8 million of shrimp in all varieties, up 20 percent year on year.

With a nearly 80-km coastline including