GENERAL INFORMATION

Vietnam, with a coastline of over 3,260 kilometers (km) and more than 3,000 islands and islets scattered offshore, plus up to 2,860 rivers and estuaries, has been geographically endowed with ideal conditions for the thriving fishery sector which currently exists.

Great potential of fishery sector in Vietnam is embedded in water bodies of 1.700.000 ha in which 811.700 ha freshwater, 635.400 ha brackish waters and 125.700 ha coves and 300.000 - 400.000 ha wetland areas might be employed for aquaculture development.

The Mekong River Delta in the south and the Red River Delta in the north have been used for wild catch fishing as well as extensive fish farming.

Shrimp and pangasius mostly farmed in the Mekong River Delta, in which, shrimp farmes located in coastal provinces such as Tra Vinh, Bac Lieu, Soc Trang, Ca Mau, Kien Giang, Ben Tre..

Pangasius farming is developing in many provinces in Mekong River Delta such as Can Tho, Vinh Long, Tien Giang, An Giang, Dong Thap, Soc Trang, Hau Giang, Tra Vinh....

Production in the fishery sector grew at an average rate of 7.05% from 1991 to 2000, and 10% from 2001 to now. Vietnamese fisheries production increased steadily YoY. Aquaculture output tent to sharply rise while capture ouput tend to slow down. In 2023, aquaculture occupied 59%, fishing output occupied 41%. From 2018-2023, ratio of fishing output has decreased from 46% to 41% of total fishery production in Vietnam. In 2023, total aquaculture area was 5.408 million tons, up 3.5%; total fishing output was 3.861 million tons, equal to 2022.

Fishermen earn good tuna profits

Fishermen in south central provinces enjoyed bumper catches of tuna and got handsome profits thanks to increasing prices.

According to Nguyen Trung Hieu, Head of the Management Board of the Hon Ro Fishing Port in Nha Trang city, many fishing boats returned to the port from October 10-12 with much better tuna catch than previous months, earning over 200 million VND (8,990 USD) on average.

Notably, a number of vessels caught 180 tunas each. Ship owners have got profits as the price of tuna reached 105,000 VND (4.7 USD) a kilo, up 10,000 VND from previous months.

Vo Huy Hoang, a fisherman from Quang Ngai province, said his boat caught over 20 tonnes of skipjack tuna, earning a profit of over 200 million VND.

The income of a worker in a fishing boat ranges from five to 10 million VND per month.

Source: VNA


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