Costs cause seafood firms to sink Business

Costs cause seafood firms to sink

Rising production costs are harming the competitiveness of Vietnamese seafood products, according to experts. These include the prices of feed, material input, electricity and labour.

Minh Phu Seafood Corp aims at 550 mln USD in exports

The Minh Phu Seafood Corporation of the southernmost province of Ca Mau has set a target of earning 550 million USD from exports by the end of 2014, following the optimistic outcomes of the first months of this year.