BAC LIEU (VNS)— Exports of seafood from southern Bac Lieu province have seen a sudden rise in both quantity and value in April, with 2,800 tonnes of frozen shrimp, worth over US$27 million, shipped abroad in the month so far.
The province recorded 8,300 tonnes of frozen shrimp exports in the first four months of 2013, generating more than US$84 million, a year-on-year increase of 50 per cent.
The achievement is attributable to businesses' activeness in finding new markets in Asian and Arabian countries, Australia, Hong Kong and the Republic of Korea.
To maintain their prestige in new markets, businesses have tightened quality control, hygiene and safety.
However, the province's seafood exporters still face difficulties accessing capital from banks despite of a fall in interest rates as borrowing conditions remain hard to satisfy. — VNS