The Mekong Delta province of Bac Lieu exported 2,700 tonnes of frozen prawn in April worth 32 million USD, bringing the total export of the product during the first four months of 2015 to 8,300 tonnes which generated 101 million USD.

The April volume figure accounted for nearly half the entire first quarter’s 5,600 tonnes which brought home 68 million USD.

The positive results stemmed from proactive moves by local businesses to seek contracts in new foreign markets such as Australia, Hong Kong, the Republic of Korea and several Arab countries.

To improve their competitiveness in such markets, the local firms have tightened input quality control and food sanitation by carefully selecting suppliers.

However, these firms found it difficult to gain access to banks loans, limiting their ability to build long-term business plans.-VNA