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Ca Mau seafood sector aims to earn 1.65 billion USD from exports

The Ca Mau Association of Seafood Processing and Export (CASEP) of the southernmost province of Ca Mau has set its sights on earning 1.65 billion USD from seafood exports by 2020.
The Ca Mau Association of Seafood Processing and Export (CASEP) of thesouthernmost province of Ca Mau has set its sights on earning 1.65billion USD from seafood exports by 2020.

Toachieve the goal, CASEP will increase the proportion of added valueproducts to 75 percent and the output of processing facilities to 70percent of their capacity by 2020.

CASEP willmarket its products to key markets including the United States, Japan,the EU, China, the Republic of Korea and Russia.

Le Dung, Vice Chairman of the provincial People’s Committee, said theprovince’s seafood sector would face a myriad of difficulties in thenext five years and called on the members of CASEP to unite to overcomethe challenges.

He urged enterprises toestablish closer ties with farmers to ensure a stable supply of rawmaterials and to reorganise business activities to effectively utiliseloans from banks.

Cau Mau has been the country’slargest seafood exporter, accounting for 16 percent of the total value.The province also make up 30 percent of the country’s total shrimpexport value.-VNA

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