Tra fish companies see profits flounder

  • Photo: Processing tra fish at a plant in the southern province of Dong Thap. VNA Photo: Chương Đài
    Photo: Processing tra fish at a plant in the southern province of Dong Thap. VNA Photo: Chương Đài
  • Photo: Processing tra fish at a plant in the southern province of Dong Thap. VNA Photo: Chương Đài
    Photo: Processing tra fish at a plant in the southern province of Dong Thap. VNA Photo: Chương Đài
  • Photo: Processing tra fish at a plant in the southern province of Dong Thap. VNA Photo: Chương Đài
    Photo: Processing tra fish at a plant in the southern province of Dong Thap. VNA Photo: Chương Đài
  • Photo: Processing tra fish at a plant in the southern province of Dong Thap. VNA Photo: Chương Đài
    Photo: Processing tra fish at a plant in the southern province of Dong Thap. VNA Photo: Chương Đài
  • Photo: Processing tra fish at a plant in the southern province of Dong Thap. VNA Photo: Chương Đài
    Photo: Processing tra fish at a plant in the southern province of Dong Thap. VNA Photo: Chương Đài
Multiple tra fish companies suffered losses due to falling export prices and lower orders, focusing instead on the domestic market amid the COVID-19 pandemic. The COVID-19 pandemic has strongly affected the world seafood industry, leading to a reduction in consumption and causing orders to decrease by 35-50 percent. Tra fish was among Vietnam’s most affected seafood products in the pandemic with export turnover dropping by over 31 percent in the first half. Declining new orders, high inventories and low export prices have made profits of businesses plummet. VNA Photo: Chương Đài

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