Bac Lieu (VNA) –The southern coastal province of Bac Lieu aims to raise shrimp export revenueto 1 billion USD this year, against last year's 853 million USD.
To realise the goal, theprovince will expand the areas of high-tech farming and createfavourable condition for enterprises and households to boost their productiontowards sustainable development.
The linkage between farmersand enterprises will෴ be strengthened in line with✃ large-scale production.
Phan Van Sau, director of theprovincial Industry and Trade Department, said a lot of local aquatic processing factories have been upgraded toincrease their capacity.
To turn Bac Lieu into a shrimp farming centre, the locality is actively supporting businesses inrenovating technology to diversify processed products and updating information on market demand and technical barriers. Trade promotion will be strengthened along with training courses for farmers.
The province counts 188 shrimp fry facilities, of which 159 specialise in tigerprawn and 29 in white-leg shrimp. Besides, there are 33 aquatic processingfactories for export with a combined capacity of some 125,000 tonnes each year.
China, the Republic of Korea, the US, the EU and Japan are majorimporters of Bac Lieu's shrimp.
Over the past decade, the shrimp sector hasꦰ contributed over 29.7 trillion VND(1.19 billion USD) to Bac Lieu’s aquatic production value./.
Shrimp breeding has been identified as a spearhead economic sector for the Mekong Delta province of Bac Lieu, which has significantly contributed to maintaining economic growth in the province.
Chairman of the People’s Committee of Bac Lieu province Pham Van Thieu has committed to creating the most transparent and fair investment environment for investors with the best incentives and the highest sense of responsibility.
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Illustrative image. (Photo: VNA) 
