Bac Lieu exports 101 mln USD worth of frozen prawn

The Mekong Delta province of Bac Lieu exported 2,700 tonnes of frozen prawn in April worth 32 million USD, bringing the total export of the product during the first four months of 2015 to 8,300 tonnes which generated 101 million USD.
The Mekong Delta province of Bac Lieu exported 2,700 tonnes of frozenprawn in April worth 32 million USD, bringing the total export of theproduct during the first four months of 2015 to 8,300 tonnes whichgenerated 101 million USD.

The April volumefigure accounted for nearly half the entire first quarter’s 5,600 tonneswhich brought home 68 million USD.

The positiveresults stemmed from proactive moves by local businesses to seekcontracts in new foreign markets such as Australia, Hong Kong, theRepublic of Korea and several Arab countries.

Toimprove their competitiveness in such markets, the local firms havetightened input quality control and food sanitation by carefullyselecting suppliers.

However, these firms foundit difficult to gain access to banks loans, limiting their ability tobuild long-term business plans.-VNA

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