The southernmost province of Ca Mau plans to increase its aquaculture export revenues to US$1.1 billion this year.— File Photo

CA MAU (Biz Hub) — The southernmost province of Ca Mau plans to increase its aquaculture export revenues to US$1.1 billion this year.

Ly Van Thuan, General Director of the Ca Mau Seafood Processors' Association, said several measures will be taken to achieve the target, which represents a year-on-year rise of 10 per cent.

These include increasing shrimp production to 250,000 tonnes, meeting 50 per cent of the processing demand, expanding export markets through trade promotion activities, and providing policy support to make aquaculture a spearhead sector in the province.

Local officials have said trade promotion activities will focus on major markets like the US, the EU, several ASEAN members, Japan and China.

The province also plans to participate in regional and international fairs to boost aquaculture exports, and enhance co-operation with other localities as well as foreign partners. — VNS