Vietnam’s southernmost province, Ca Mau, with economic strength in offshore fishing, has set an export revenue target of more than one billion USD for 2013, a year-on-year increase of 10.5 percent.

To meet its target, the Ca Mau Association of Seafood Exporters and Processors is urged to increase trade promotions and further develop the seafood export market.

Meanwhile, local businesses are encouraged to invest in technology to improve their products’ competitiveness.

To support local enterprises, the province will expand administrative reforms and implement a number of preferential policies, including offering credit and reducing interest rates and tax, introduce tax.

At present, there are 33 frozen seafood processing plants and four fish powder manufacturers in the province.

In 2012, Ca Mau exported 83,000 tonnes of seafood at a value of 940 million USD.-VNA