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.

Jan-Nov 2016: Aquaculture output hit 3,230 thousand MT

(seafood.vasep.com.vn) The aquaculture output of Viet Nam in Nov 2016 amounted to 306 thousand MT, up 4.2% compared to the same period last year. The figure in Jan-Nov 2016 estimated at 3,230 thousand MT, up 1.9% year on year.

As usual, demand for raw materials in November sharply increases for the Christmas and New Year holidays in importing markets. Therefore, fishery output and farmed seafood prices tend to rise.

Farmers are actively harvesting pangasius with good yields to meet the needs of importers in the end of the year, raw material prices are high and stable compared to the previous month. Currently, prices of pangasius raw materials were in the range of VND 20,800-22,000/kg. This also led to a rise in pangasius seed. Pangasius production in the Mekong Delta provinces estimated at 1,144,464 MT; up 1.9% compared to the same period last year. The area for pangasius farming in Jan-Nov 2016 touched 5,531 hectares, up 1% year on year. Some localities which gained good yields were Dong Thap province with 361,238 MT (+5.6%); Can Tho province with 152,406 MT (+7.8%); and Ben Tre province with 162,630 MT (+5.9%).

Brackish water shrimp farming was quite favorable. Accordingly, thanks to less volatility in the weather, the area with diseased shrimp went down, and shrimp output recorded the positive growth with stable prices. According to reports from the provinces of the Mekong Delta, the area for black tiger shrimp was 566,349 hectares (+1.4%) with the production of 232,044 MT (+2.3%). That for whiteleg shrimp estimated at 65,948 hectares (+2.9%) with the production of 210,815 MT (+2.2%).

Compiled by Dieu Thuy


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