Can Tho: Aquacultural exports on the rise

Thien Thanh Sanitaryware joint company

Can Tho: Aquacultural exports on the rise

The value of aquacultural exports in the Mekong Delta city of Can Tho is predicted to rise by almost 20 percent this year compared to 2013 due to the sector’s rapid growth.

The city’s seafood export turnover increased steadily over the last three months, totalling 49 million USD in September compared to 38 million USD in June, Vice Chairman of the municipal People’s Committee Truong Quang Hoai Nam said.

The trend is expected to continue in the near future, with a seafood-export business in Can Tho being permitted to export to the Russian market, in line with the city’s strategic plan to expand into new markets.

Can Tho exports goods worth more than 90 million USD every month, with 47 percent being aquacultural products, according to Vice Director of the municipal Department of Industry and Trade Duong Nghia Hiep.

In addition to the traditional EU and US markets, Russia and Japan are considered potential markets for the city’s exporters of aquacultural products.

By September this year, the value of Can Tho’s export turnover totalled 914 million USD, which is expected to increase to 1.3 billion USD by the end of the year.

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