First batch of shrimp exports for 2021 leave port

The company processed 22,400 tonnes of shrimps last year and posted export turnover of US$240 million.

Speaking at the ceremony, Deputy Minister of Agriculture and Rural Development Phung Duc Tien asked companies to boost cooperation to expand shrimp export markets.

He suggested a series of measures to develop the sector, including frequent assessments of market developments for prompt information updates; enhancing cooperation between firms in approaching, expanding, and diversifying markets; and increasing links between units involved in production supply chains to ensure traceable origin and to raise the proportion of high value-added exports.

Dong Van Thanh, Chairman of the Hau Giang Provincial People’s Committee, said the fishery sector has major opportunities ahead, especially now the EU-Vietnam Free Trade Agreement has taken effect and significantly removed tariff lines.

Despite the difficulties from COVID-19, drought, and saline intrusion, the sector’s production value grew 3.05% last year compared to 2019, with total output reaching 8.4 million tonnes, up 1.8% year-on-year.

The sector earned the country US$8.4 billion from exports last year.