08:53 | 06/11/2015 Trade
The Mekong Delta province of Bac Lieu earned nearly 351 million USD from seafood exports in the first 10 months of this year, 100 million USD higher than that of the whole 2014.
Processing shrimp for export at Gia Rai company in Bac Lieu - Photo: VNA
The money came from the shipments of 42,300 tonnes of seafood products, with 97 percent being frozen shrimp, a 7 percent rise year on year.
Local processors and exporters have been pledged to have adequate power supply and financial bank support to ensure their stable production until the end of this year.
They are requiring more input materials for their next year’s orders.
So far, Bac Lieu has earned 381 million USD in exports, fulfilling 85 percent of its yearly target, but experiencing a drop of 5.8 percent over the same period last year.
The locality’s rice exports reached only 26 percent of the target for the whole year due to fierce competition from Thailand, India and Pakistan./.