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Tuna exports soar early this year

Tuna exports have rebounded from stagnation due to the global financial crisis with rises of 150 percent in quantity and 170 percent in export value year-on-year.
Tuna exports have rebounded fromstagnation due to the global financial crisis with rises of 150 percentin quantity and 170 percent in export value year-on-year.

According to the Vietnam Association of Seafood Exporters andProcessors (VASEP), the US took the lead among importers in the firstmonths of this year, buying over 3,000 tonnes of tuna with revenuetopping 15 million USD—both five-fold increases over the same periodlast year.

Aside from the US, exports to Japan, Taiwan and Canada also got off toa roaring start with triple digit growth rates in both quantity andquality.

During the first two months of this year, local exporters are exploringnew markets like the Bahamas and Libya, yet the prices are said toremain less attractive.

The VASEP said tuna prices are likely to be buoyed up in the comingmonths due to uncontrolled fishing activities. Many fishermen are stillunaware of the need to keep a fishing diary as required by the EuropeanCommission’s regulations on illegal, unreported and unregulated (IUU)fishing./.
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