The province’s aquatic exports were estimated at US$428 million from January to June this year, up 5.1% year-on-year. Export markets were expanding, recording a growth of 37.2% in value, with significant rises seen in those to Australia (up 33.45% year-on-year), and Japan (up 16.38%).
According to Vice Chairman of the provincial People’s Committee Lam Van Bi, the province has adopted a number of support policies to help local businesses tackle difficulties, while public administrative reforms have also been accelerated to facilitate production and business development.
Meanwhile, local seafood exporters have invested in more advanced technology and scaled up the production of high value added products. At the same time, they have also put more efforts into market research to look for new markets.
Ca Mau authorities have cooperated with Vietnamese embassies and trade offices overseas to organise business-to-business meetings, connecting local exporters and foreign importers. In addition, the province has actively supported local enterprises in taking part in trade fairs both at home and abroad, and in seeking business opportunities in countries Vietnam has inked free trade agreements with.
Furthermore, the province advised farmers to cultivate shrimps during certain periods that allow them to avoid harvesting shrimps at the same time as other large shrimp exporting countries.
Farmers have paid more attention to shrimp harvesting and preservation to ensure top quality in their products. They have also strictly followed safety rules, not using antibiotics in shrimp farming nor injecting harmful additives in shrimps.
These factors have helped stabilise shrimp prices and improve the competitiveness of local shrimp products.