Ca Mau posts growth in shrimp exports in H1 despite pandemic
Shrimp exports of the southernmost province of Ca Mau grew in the first half of this year despite the ravaging COVID-19 pandemic, according to the provincial Department of Industry and Trade.
Ca Mau (VNA) –Shrimp exports of the southernmost province of Ca Mau grew in the firsthalf of this year despite the ravaging COVID-19 pandemic, according to theprovincial Department of Industry and Trade.
The province’s shrimpoutput was estimated to exceed 107,000 tonnes in the period, a year-on-yearincrease of 9.5 percent while exports raked in about 400 million USD, up 16.6percent.
This year, Ca Mau, oneof the country’s leading localities in aquatic exports, is projected to earnmore than 1 billion USD from shrimp shipments.
COVID-19 has been keptunder control in the province as well as its traditional markets such as theUS, Europe, China, Japan and the Republic of Korea. Therefore, the demand for theproducts in the restaurant industry of the markets has gradually recovered.
In addition, tradedeals like the EU-Vietnam free trade agreement (EVFTA) and the Comprehensiveand Progressive Agreement for Trans-Pacific Partnership (CPTPP) are hoped tocreate favourable chances for the country and Ca Mau in particular, to seek newmarkets.
The province is nowhome to over 40 export firms and 32 processing plants serving exports with a combinedcapacity of 250,000 tonnes per year. Its shrimp products have been shipped to60 countries and territories.
Statistics of the CaMau Department of Industry and Trade showed that the province’s revenue from shrimpexports to signatories of the EVFTA surged 148.56 percent; and to those of theCPTPP rose 9.8 percent in H1 against the same period last year.
Amid the ravages ofCOVIDဣ-19, the province will bolster trade promotions via online platform🅺 withforeign distributors and businesses to search for new partners. It will alsosupport local firms to offer their products in prestigious e-commercemarketplaces./.
The tourism sector of the southernmost province of Ca Mau is taking measures to adapt to the “new normal” situation amid complicated development of the COVID-19 pandemic, despite the fact that it had remained free of COVID-19 so far.
Despite the difficulties caused by the COVID-19 pandemic, shrimp exports by Mekong Delta provinces have increased remarkably this year thanks to efforts made by both authorities and businesses.
Erosion was recently detected in three sections measuring about 1,700m of the embankment in Tran Van Thoi and U Minh districts in the southernmost province of Ca Mau.
The Ca Mau Department of Rural & Development said the locality is speeding up the construction of 26km of embankment to prevent the erosion of its western and eastern coasts, with a total investment of about 890 billion VND (38.7 million USD) from the central budget and official development assistance (ODA).
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.