Ca Mau province has had difficulties meeting its seafood export turnover goal of 1.35 billion USD this year, according to the provincial Association of Seafood Processors and Exporters.
Farming shrimp in Ca Mau province (Source: //www.thanhnien.com.vn)
The southernmost province of Ca Mau has had difficulties meeting its seafood export turnover goal of 1.35 billion USD this year, according to the provincial Association of Seafood Processors and Exporters.
The locality’s seafood export turnover is expected to reach only 89 percent of its yearly target. Export turnover in the first nine months of this year was valued at 700 million USD, a year-on-year decrease of 31 percent.
Chairman of the Provincial People’s Committee Nguyen Tien Hai attributed the slow turnover to shrimp farming areas’ current recovery in a number of countries worldwide and the reduced price of exported shrimp.
He asked enterprises to work together to overcome the difficulties, saying that it was necessary to enhance trade promotion and seek new export markets in order to reach the export targets.
Local authorities pledged to continue to facilitate enterprises’ production and business, while promoting administrative reform, helping businesses access credit loans and loosening tax policies.
Enterprises will also be given information on international integration, including how to fully tap advantages brought about by free trade deals such as the Trans-pacific Partnership (TPP) agreement.
☂ Ca Mau will continue working to expand shrimp farming areas and industrial aquaculture models in order to maximise the potential and strength of the locality, which is considered the country’s biggest shrimp farm.-VNA
The southernmost province of Ca Mau aims to develop 300 additional clean shrimp breeding facilities, bringing the total number to 800 across the province by 2020.
Southernmost Ca Mau province is undertaking various measures to protect its coastal resources and towards doubling local income from 25 million VND (1,110 USD) to 50 million VND (2,220 USD) by 2020.
The southernmost province of Ca Mau is creating favourable conditions for fishermen in Khanh Hoi commune in U Minh district to develop offshore fishing.
The People’s Committee of the southernmost Ca Mau province targets to increase local integrated rice-prawn farming grown under VietGAP standards tenfold to 10,000 hectares by 2020.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
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.
Farming shrimp in Ca Mau province (Source: //www.thanhnien.com.vn)
