Exports of seafood from southern Bac Lieu province have seen a sudden
rise in both quantity and value in April, with 2,800 tonnes of frozen
shrimp, worth over 27 million USD, shipped abroad in the month so far.
The province recorded 8,300 tonnes of frozen shrimp
exports in the first four months of 2013, generating more than 84
million USD, a year-on-year increase of 50 percent.
The achievement is attributable to businesses’ activeness in finding new
markets in Asian and Arabian countries, Australia , Hong Kong and the
Republic of Korea.
To maintain their prestige in new markets, businesses have tightened quality control, hygiene and safety.
However, the province’s seafood exporters still face difficulties
accessing capital from banks. In spite of a fall in interest rates,
borrowing conditions remain hard to satisfy. Therefore, businesses have
failed to make long-term production and trade plans.-VNA