Prime Minister Nguyen Xuan Phuc inspects the shrimp processing chain at Minh Phu Seafood Corporation. (Source: VNA)
Ca Mau (VNA) - Prime Minister Nguyen Xuan Phuc inspected the operation at the Minh PhuSeafood Corporation in the southernmost province of Ca Mau on February 5, oneday ahead of a national conference on developing shrimp sector.
Minh Phu isVietnam’s leading shrimp exporter, shipping products to more than 50 foreignmarkets. Shrimp export alone earns the corporation 535 million USD in 2016,according to its management. The corporation is employing 12,000 workers.
The PM hailed the company’sresearch into various models for shrimp farming, noting that any model shouldensure the protection of the environment.
He expressed hishope that Minh Phu will earn two billion USD from exports by 2021, contributingto realising the national target of 10 billion USD in shrimp export value.
The company reportedto the Government leader that it is developing a chain of shrimp farmers toensure supply of clean raw materials meeting the quality requirements of strictmarkets and the easy verification of product origin.
It proposed amangrove-based shrimp farming model, which could be an effective way for Ca Mauto reduce poverty and develop the local economy, considering the fact that theprovince currently has 100,000 hectares of mangrove forest.-VNA
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