Vietnam’s Basa Market Starts to Rebound but Still Faces Potential Risks
According to statistics from the Vietnam Association of Seafood Exporters and Producers (VASEP), the country’s basa export has plummeted by 56.2% this July compared with the same period last year. This means a decline for five consecutive months in its export, and frustrated farmers there have cut aquaculture production.
However, since early September, there have been obvious increases in Vietnam’s basa prices. They have raised from US$0.15 to US$0.2 per kilo since the seafood exposition in August. And farm gate prices were reported to be ...
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