Companies in the northern province of Quang Ninh expect to export 1,100 kilos of pearl between now and the year-end, according to the province’s Fisheries Department.
The province currently houses ten companies raising oysters for pearl. They are currently farming 55 million oysters, of which 17.5 million are now forming pearl.
The ten companies are based in Ha Long City, the famous port of Ha Long Bay. Two of them are fully foreign-owned companies, one company has an 80% foreign stake, and the others are Vietnamese.