General

Ca Mau to spend 20 trillion VND to develop shrimp industry


The southernmost province of Ca Mau will spend 20 trillion VND (800 million USD) to promote the development of the shrimp industry with a plan that, by 2030, the southernmost province will be the biggest shrimp raising hub in the Cuu Long (Mekong) River Delta region. The development plan for the shrimp industry in Ca Mau has a vision to 2050 and aims to develop a highly productive, quality and competitive business that can also adapt to climate change and protect the environment. The province is currently the largest shrimp farming area in Vietnam with an estimated aquaculture area of 303,320 ha, of which nearly 92% is used for the cultivation of shrimps. Ca Mau exported 1 billion USD worth of shrimps in 2023, or nearly 30% of Vietnam’s total shrimp export, according to statistics from the Vietnam Association of Seafood Exporters and Producers.

Source: Vietnam News Agency