According to Vice Chairman of the Co To People’ Committee Dao Van Vu, an aquaculture master plan is necessary to capitalise on the locality’s potential, develop the economy and protect the country’s sea and island sovereignty.
The district plans to focus on mordernising the local seafood sector towards high-quality products for export and tourism. Aquaculture exploitation will be planned in line with local planning and fish breeding. Meanwhile, the district will work to develop value chains and protect the eco-system.
Vu said Co To will maintain its total annual seafood output at 8,000-10,000 tonnes until 2020, and strive to increase added value for seafood products by 160-170 billion VND (6.88-7.31 million USD) in the next two years. Also, it targets 12-13 percent in annual growth of the local seafood sector.
The district has asked Quang Ninh province and relevant ministries and branches to prioritise capital to develop technical infrastructure on the island to lure more investors. Currently, incentives such as land and water surface rent exemptions are being given to businesses that invest in processing zones, coastal economic zones and border economic zones.
As part of the efforts to develop the local seafood sector, the provincial Department of Science and Technology joined hands with the district People’s Committee to develop “Co To squid” brand name in 2012 with an investment of 3 billion VND (129,000 USD). With the support of the project, many families have applied advanced technologies in their seafood harvest and processing to ensure food hygiene.
Modern equipment has also helped local fishermen earn more money from jellyfish processing.
Vu attributed the initial achievements of the island in moderninsing local aquaculture to a Government decree on policies to branch out the seafood sector.
VNA
Vietnam raked in over US$200 million from exporting tuna to 86 markets worldwide during the first quarter of the year, representing a rise of 19% against the same period from last year.
Vietnam’s pangasius export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year. UAE mainly imported frozen fillets from Vietnam.
(seafood.vasep.com.vn) According to data from General Department of Vietnam Customs, the UK imported nearly $3 million worth of pangasius from Vietnam in the first half of March 2024. Cumulative pangasius exports to this market reached $12 million as of March 15, 2024, down 3% from the same period last year.
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at 13.53 billion USD, up 21.8% over the same period last year; and this results in a trade surplus of 3.36 billion USD, a rise of 96.5%, according to the Ministry of Agriculture and Rural Development (MARD).
The southernmost locality is developing shrimp farming models that generate large outputs but are environment-friendly.
(seafood.vasep.com.vn) An Giang province's aquaculture output is predicted to reach 172.3 thousand tons in the first quarter of 2024, up 6.37% (+10.3 thousand tons) from the same time the previous year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, as of March 15, 2024, Vietnam's cephalopod exports reached more than 109 million USD, a slight decrease of 3% compared to the same period in 2023. In the first quarter of this year, Vietnam's cephalopod exports are expected to reach about 136 million USD, down 2% over the same period last year.
(vasep.com.vn) According to statistics from the International Trade Centre (ITC), Portugal is the 6th largest tuna importer in the EU. In 2023, the country's tuna imports from other countries increased by 9% compared to 2022, reaching nearly 241 million USD.
(vasep.com.vn) Vinh Hoan Corporation has just announced supplementary documents for the 2024 Annual General Meeting of Shareholders, scheduled to be held on April 17.
(seafood.vasep.com.vn) Sao Ta Food Joint Stock Company (FIMEX VN) has just announced that in March 2024, finished shrimp output reached 2,000 tons and finished shrimp consumption reached 1,693 tons, an increase of 74%, and 42% over the same period in 2023, respectively.
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