Lack of production materials and flagging export value have caused seafood companies to suffer losses in the third quarter of this year.

VietNamNet Bridge - The number of newly set up businesses in the real estate sector in the first four months of the year increased sharply compared with the same period last year. 

A number of seafood companies have been dissolved or have halted operation, while trade barriers from import countries are expected to.pose challenges to Vietnam’s fishery sector.

VietNamNet Bridge - Drought, saline intrusion and unmethodical business plans all have dealt a blow on enterprises, leaving them with a material shortage. 

VietNamNet Bridge - Seafood companies are experiencing tough days, but they are still spending big money to take over companies in the same field to prevent their situation from becoming even worse.

While the government has been asked to remove business barriers to create favorable conditions for investors, the Ministry of Health (MOH) plans to create a new regulation that will require enterprises to spend VND1.1 trillion more a year.