GENERAL INFORMATION

In Vietnam, the fishery sector plays an important role in the national economy, accounting for about 4-5 percent of Gross Domestic Product (GDP) and about 9-10% of national export revenue.

More than 4 millions of people working in the fishery and the growth in production have attributed to the fish exports. Thanks to strongly increase in many years, Vietnam ranks among the top ten seafood suppliers and its seafood products are exported to 170 markets in the world.

Shrimp, pangasius, tuna, squid and octopus are main seafood products exported by the country. In which, shrimp exports create about US$ 3.5 – 4 billion, make up 46-50% of the total seafood sales of Vietnam. Earnings from pangasius reached at US$ 1.7 – 1.8 billion (25% of the total) and exports from Tuna and Cephalopods are US$ 450 – 550 million for each.

Exports to the U.S, Japan, EU, China and South Korea make up 75% of Vietnam’s seafood sales to the wolrd.

5 advantages for Vietnam seafood exports:  

(1)  High commitment and participation from Government, Industry and companies for food safety, environment  and social responsibility;

(2)  Able to supply the big volume and safe quality and stable seafood products;

(3)  Meet all the customers’ requirements, incl. the vertical linkage (integration) for each species sector;

(4)  Vietnam is one in few countries in the world which has the good and stable labor resource; 

(5)  Vietnam has Agreements / FTAs with many countries and territories and has advantages both in product quality and im-ex tax.  

Ben Tre eyes sustainable development of marine economy

The Mekong Delta province of Ben Tre will develop its maritime economy over the next decade, focusing on fishing, tourism and renewable energy, according to the provincial People’s Committee.

A plan it has drafted for the purpose envisages, by 2030, the maritime economy accounting for 30 percent of the overall provincial economy. 

It will focus on aquaculture models that use advanced techniques and are biologically safe and environment-friendly.

It plans to increase the area under aquaculture to 42,000ha and annual output to 136,000 tonnes. Around 5,100ha will be farmed using advanced techniques.

All intensive farming areas raising key aquatic species will meet Vietnamese good agricultural practices (VietGAP) or other standards such as GlobalGAP and Aquaculture Stewardship Council (ASC).

The province targets annual revenues of 450 million VND (19,400 USD) per hectare from aquaculture by 2030.

It plans to set up five or six new seafood processing plants, including two to three for shrimp. It will develop a marine economic industrial park in Thanh Phu district before the end of the plan.

Cao Van Trong, Chairman of the provincial People’s Committee, said to achieve the targets more investments would be made in infrastructure to develop aquaculture areas that use advanced techniques in the three coastal districts. Models that help adapt to climate change would be expanded, he said.

The focus would be on the use of advance techniques in aquaculture, fishing and processing and preservation of seafood that have high value and demand, Trong said.

The province has 11 seafood processing plants with an annual output of 72,000 tonnes, mostly frozen tra fish, clam and shrimp.

The area under aquaculture in the province has increased rapidly in recent years, with the key items being marine shrimp, tra fish and clam.

More and more farmers and companies in the province are adopting good agricultural practice standards such as GlobalGAP and ASC standards for exports.

The province had nearly 22,000ha under black-tiger shrimp in the first quarter of this year, according to its Department of Agriculture and Rural Development.

Fishermen’s catches totalled 48,569 tonnes in the first quarter, a 5.25 percent increase year-on-year.

The department attributed the increase to the upgrading of fishing boats used for offshore fishing.   

The province has focused on developing offshore fishing activities, advanced fishing methods and logistic services for fishing boats at sea.

With a coastline of 65km, Ben Tre has great potential in renewable energy, marine tourism, aquaculture, and fisheries.

VNA


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