Mitsui acquires 35 per cent stake in seafood firm Minh Phu
The Japanese company will also help Minh Phu to achieve further growth through the application of digital technology.
The Japanese company will also help Minh Phu to achieve further growth through the application of digital technology.
The Vietnam's two leading companies in shrimp and pangasius export achieved positive business results with export value of nearly $1 billion in the first ten months of this year.
The Association of Seafood Exporters and Producers of Vietnam (VASEP) has just issued a statement protesting the tariffs applied by the United States to frozen fillets from Vietnam.
From 2 August, U.S. officially applies its inspection program on 100% pangasius (a type of catfish) imported from Viet Nam, threatening the seafood exports of Viet Nam.
Squid and octopus saw the strongest growth of 54%, contributing to offsetting the export deficit of other staples.