March 24, 2020 — Domestic seafood enterprises have proposed many financial solutions to help them overcome difficulties in production and business during the novel coronavirus (COVID-19) pandemic, according to the Vietnam Association of Fisheries (VASEP).
They have a large inventory of seafood products while customers have delayed payment for many of their export batches. Meanwhile, the export value has also decreased significantly. Those have had a great impact on payment for their loans in March, April and May, VASEP said.