Tilapia exports this year are forecast to surge 32 percent this year to $45 million (€40.1 million), according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Processing and export of the freshwater fish species will continue thriving in the next few years, VASEP said, noting the upward trend over the past number of years.

Vietnam shipped tilapia to 68 markets in 2015, compared with only eight in 2005, with the US, Colombia and the EU the biggest importers, reported Vietnam Breaking News.

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