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.  

Mekong Delta uses high-tech methods to raise tra fish

Tra fish breeds producers in the Mekong Delta have been urged to closely work with research institutes, universities and scientists to apply advanced farming techniques to produce high quality breeds.

Tran Dinh Luan, deputy head of the Directorate of Fisheries, said that such breeds were needed to meet breeding requirements.

Luan said that tracing the origin of bred fish was also important as tra fish, a freshwater fish bred in the delta, is one of the country’s top seafood exports, following shrimp.

The country exported 1.8 billion USD of tra fish in the first 10 months of the year, an increase of 24 percent year-on-year, with more than 2 billion USD expected by the end of the year, according to the Ministry of Agriculture and Rural Development.

China, the US and the EU are the country’s three largest tra fish importers.

Tra fish breeders in the delta, the country’s largest tra fish producer, have farmed 4,472ha of tra fish as of the end of September, up 10 percent against the same period last year.

In the delta, tra fish breeders have applied advanced farming techniques to improve yield and quality.

Many tra fish breeders in the delta have applied VietGAP or GlobalGAP standards.

To ensure traceability, Delta provinces and Can Tho City that breed tra fish have been granted identification numbers for tra fish ponds that meet required conditions.

Dong Thap province has granted identification numbers for 349 tra fish breeders who had raised a total of 1,500ha as of July.

Many provinces in the delta have been breeding more tra fish since the Ministry of Agriculture and Rural Development released an instruction to increase production of tra fish in the remaining months of the year.

Dong Van Lam, chairman of the Tra Vinh province People’s Committee, said the province plans to develop tra fish farming areas to 470ha in 2020 and 580ha in 2025.

It will also spend about 4.6 trillion VND (194 million USD) to build infrastructure for breeding, processing and sale of tra fish.

The province, in cooperation with research institutes and universities, is using high-tech methods to produce tra fish seeds and raise tra fish.

The province has 52ha devoted to raising tra fish, down by 50 percent against 2016.

The export turnover of tra fish is forecast to hit 2.1 billion USD in 2018, up 22 percent from 2017, according to the Ministry of Agriculture and Rural Development.

VNA


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