Viet Dragon Securities - Analyst Pin-board Many advantages to support 2022 shrimp exports

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Viet Dragon Securities

Son Tran

Analyst Pin-board Many advantages to support 2022 shrimp exports

Vietnam’s shrimp export value grew 3% YoY in 11M-2021.
We expect shrimp exports to the US and the EU markets to continue maintaining their growth momentum in 2022 due to (1) high demand for shrimp after economies reopening, (2) increasing consumer’s appetite for deeply processed shrimp products which is Vietnam’s competitive advantage, and (3) EVFTA will facilitate shrimp exports to the EU.
The US. Department of Commerce issued the final results of the 15th administrative review of the anti-dumping duty order on frozen warm-water shrimp from India by fixing an anti-dumping duty rate of 7.15%, higher than a 3.06% level by the 14th administrative review.
Cooling-down freight costs will possibly bolster companies’ earnings to rebound in 2022.

08/12/2021 6 EN

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Viet Dragon Securities

Viet Dragon Securities belongs to top 20 biggest securities companies in terms of chartered capital in Vietnam. With a qualified, dedicated and professional team, a widespread network, advanced technology, diversified products and services, and good relationship with local and foreign institutions, we provide a wide range of services and products to our clients both individuals and institutions, both local and foreign. We commit to provide our clients with promising investment opportunities and a comprehensive and professional financial investment services.

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Analysts

Son Tran

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Analyst Pin-board Many advantages to support 2022 shrimp exports

CTG - Solid Growth Outlook as Provisioning Pressures Subside

BREAKING ABOVE 1,300 POINTS

Comparison of domestic natural gas and LNG fuel sources

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