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Mar 10, 2014 / 09:42

Mekong Delta set target for higher revenue of shrimp exports

Mekong Delta provinces plan to earn US$2.55 billion from shrimp exports, US$50 million higher than last years’ revenue.

Ca Mau province is likely to take the lead in shrimp exports, which are predicted to fetch US$1.1 billion.

To achieve the set target, Mekong Delta provinces are expanding shrimp breeding areas to 596,000ha, mostly in coastal regions of Ca Mau, Bac Lieu, Kien Giang, Soc Trang and Tra Vinh.

They are applying non-chemical breeding techniques to ensure the best quality of aquatic products. Plans are in place to upgrade irrigation networks, focusing on waste treatment and increasing the supply of clean water.

Local farmers in some provinces were provided with new varieties and VND500 billion in preferential loans to develop their shrimp breeding activity.

In 2013, the Mekong Delta region had more than 588,000ha of shrimp breeding area, and produced nearly 380,000 tonnes of shrimp, contributing 92% and 79.8% in terms of area and output, respectively, to the country’s total figures.

Last years’ shrimp export turnover was valued at US$2.5 billion. In the first two months of this year, its export earnings hit over US$430 million.