The Minh Phu Seafood Corporation of the southernmost province of Ca Mau has set a target of earning 550 million USD from exports by the end of 2014, following the optimistic outcomes of the first months of this year.
According to deputy director Chu Van An, the group posted over 140 million USD in export turnover at the beginning of this year, the highest ever recorded.
It currently tops the list of 10 local businesses that have strength in processing aquatic products. Despite difficulties in the year just gone, the group recorded 520 million USD compared to one billion USD in export turnover of the province.
Its frozen seafood products are being sold in over 40 countries and territories.
To realise the target, An said the most important thing is to stabilise the source of materials for supplying factories.
Local authorities should plan and develop the shrimp industry in a sustainable manner, while farmers are advised to select high quality shrimp and avoid using antibiotics.
The corporation will continue to focus on upgrading the design and improving the quality of its aquatic products to ensure their competitiveness in traditional markets and choosy ones such as Japan , the US and Europe.-VNA
