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.

Kien Giang: Seafood exports inched up

The Mekong Delta province of Kien Giang earned over 107 million USD from exports in the first quarter of this year, or 15.8 percent of the yearly plan, down 20.1 percent year-on-year.

Of which, farm produce brought home 19.7 million USD, down 66 percent; seafood, 50.7 million USD, up 23.3 percent; and other goods, over 37 million USD, up 5 percent.

According to the provincial Department of Industry and Trade, exports of frozen shrimp, rice, leather and footwear, dried anchovy, and canned foods fell; while shipments of frozen fish, cuttlefish, and other seafood rose.

Kien Giang is now home to over 30 firms exporting to more than 40 countries globally with an annual turnover of over 600 million USD. Of them, five ship key local produce, such as rice and aquatic products.

The province strives to earn 175 million USD from exports in the second quarter, bringing the six-month figure to upwards of 282 million USD, or 41.5 percent of the plan, up 5.1 percent year-on-year.

It will also accelerate trade promotion; expand export markets for key produce such as rice, aquatic products, pepper, leather and footwear; and strengthen traditional markets. 


Comment