Business

Ca Mau earns over 1 billion USD from exports

The southern province of Ca Mau posted an export turnover of 1.2 billion USD so far this year, a year-on-year increase of 80 million USD, according to the provincial Department of Industry and Trade.
The southern province of CaMau posted an export turnover of 1.2 billion USD so far this year, ayear-on-year increase of 80 million USD, according to the provincialDepartment of Industry and Trade.

This is the second consecutive year Ca Mau earns more than 1 billion USD from exports, mostly seafood products. 

Ly Van Thuan, General Secretary of the Ca Mau Seafood Processors’Association, said the result is attributable to efforts of 33 localseafood processing enterprises to improve their performance, noting thatthe number of profitable companies has increased from five in 2013 to18 a year later. 

Minh Phu company alone expects to gain 500 million USD in export turnover. 

Besides, 150,000 aquaculture farms and tens of thousands of fishermencontributed substantially to this year’s success by ensuring materialsupply for processing factories, he added. 

The locality plans to hit 1.3 billion USD of export value by the end of this year.-VNA

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