The southern province of Bac Lieu earned more than 209 million USD from its export of aquatic products in the first half of this year, up 64 percent year-on-year, and equivalent to over 59 percent of the year’s plan.
Frozen shrimp topped the list with 20,770 tonnes, 41 percent higher than that in the same period last year.
As many as 30 exporters of the product fulfilled their expected volume and made great profits.
Competent agencies of the province spared no efforts to provide local firms with information on changes in domestic and foreign markets, which helps them make timely adjustments of their production and business activities.
Bac Lieu’s exporters faced difficulties in accessing medium- and long-term loans from commercial banks, hindering them from promoting an overall business strategy. Meanwhile, the connection between the firms and producers was rather poor.
In the time ahead, solutions should be put forth to ease the difficulties as well as stabilise export activities in the locality.-VNA
Frozen shrimp topped the list with 20,770 tonnes, 41 percent higher than that in the same period last year.
As many as 30 exporters of the product fulfilled their expected volume and made great profits.
Competent agencies of the province spared no efforts to provide local firms with information on changes in domestic and foreign markets, which helps them make timely adjustments of their production and business activities.
Bac Lieu’s exporters faced difficulties in accessing medium- and long-term loans from commercial banks, hindering them from promoting an overall business strategy. Meanwhile, the connection between the firms and producers was rather poor.
In the time ahead, solutions should be put forth to ease the difficulties as well as stabilise export activities in the locality.-VNA
