Seafood industry – The booming period has passed
- Sudden growth in 2022 puts pressure on 2023 seafood export growth. Seafood exports have started to slow down from 2H2022. Raw material prices remain high while selling prices decreased, putting pressure on the gross margin of companies
- China's opening could play a role to support Vietnam's seafood exports
- Valuations seem attractive- a good opportunity for gradually accumulating stocks which have solid fundamentals
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