CAIRO - Vietnamese seafood exports to Egypt in 2010 increased elevenfold over the previous year, according to a Vietnamese diplomat in Egypt. "Vietnam earned just over $66,000 from seafood exports to Egypt in 2010," Vietnamese Ambassador to Egypt Pham Sy Tam told a press conference on Wednesday, adding that this year Vietnam's seafood turnover in Egypt was expected to reach $100 million. Tham described Egypt as a new but potentially profitable market for Vietnamese seafood, including tra and basa catfish. Total Vietnam seafood exports to 162 world markets in 2010 hit $5 billion. Pham added that, during a meeting between the two countries due to be held in Hanoi later this year, many joint projects would be discussed, especially in the fisheries' sector.
