The project aims to ensure a stable outlet for the fish as well as harmonising profits for all stakeholders involved in the value chain.
It would help farmers avoid a "price drop on a bumper harvest", according to provincial authorities.
Phan Kim Sa, Deputy Director of the provincial Department of Industry and Trade, said a close linkage between farmers and enterprises would gradually eliminate intermediaries involved in the trading of the fish.
Under the project, farmers will breed the fish following contracts with enterprises. Enterprises will then supply farmers with output materials and build a brand for the fish.
Through the project, the province wants to reorganise production of cooperatives so that they are able to sign contracts with enterprises, he said.
This year, the pilot model will be implemented in Binh Thanh commune in Cao Lanh district, with the participation of 21 farmers under the Binh Thanh Pink Tilapia Production and Consumption Cooperative and Hoang Long Seafood Processing Co Ltd.
This would be vertical linkage chain producing pink tilapia brood stock, mature fish, processing the fish and consumption.
Banks will increase the loan limit at preferential interest rates for cooperatives participating in the programme, while training courses will be organised to provide farmers with advanced farming techniques.
Vo Tuan Kiet, Director of Binh Thanh Pink Tilapia Production and Consumption Cooperative, said cooperative members were pleased that the programme would help them find outlets to sell their fish.
Rice and tra fish are two key products of the agricultural province.
The province for many consecutive years has led the country in output and export revenue of fresh water fish, with revenue from tra fish exports accounting for more than half.
(seafood.vasep.com.vn) The Report on Vietnam Pangasius Sector 2015–2024, produced and released by the Vietnam Association of Seafood Exporters and Producers (VASEP) in January 2025, is expected to provide enterprises, importers, and government agencies with a comprehensive overview of key developments in Vietnam's pangasius production and export over the past decade. In addition to highlighting achievements, the report identifies existing challenges and analyzes future opportunities and threats for the pangasius industry.
(vasep.com.vn) Overcoming two years of fluctuation in both export markets and domestic production, Vietnam's pangasius industry has demonstrated resilience, adaptability, and a strong determination to seize opportunities and boost exports to various markets. As a result, in 2024, pangasius exports reached USD 2 billion, a 9% increase compared to 2023. This achievement is a source of pride for Vietnam's aquaculture and agriculture sectors.
(seafood.vasep.com) Speaking at a conference to implement the 2025 plan of the Ministry of Agriculture and Rural Development, Prime Minister Pham Minh Chinh urged the agricultural sector to strive for a total export turnover of agricultural, forestry, and fishery products reaching $70 billion by 2025.
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
In 2025, seafood exports are expected to continue to grow better and could reach 11 billion USD as in 2022. However, this is also the year the seafood industry will face challenges, including increased competition from other countries, trade wars and market barriers...
(seafood.vasep.com.vn) On the afternoon of December 25, at Toan Thinh Conference Center (Soc Trang City), the Soc Trang Fisheries Sub-department, under the Department of Agriculture and Rural Development of Soc Trang, held a conference to review the 2024 aquaculture activities and outline the brackish water shrimp farming plan for 2025. The event was attended by Ms. Quach Thi Thanh Binh, Deputy Director of the Department of Agriculture and Rural Development of Soc Trang.
The Mekong Delta province of Soc Trang aims to achieve export value of over 1.9 billion USD in 2025 by boosting production and processing of key products such as seafood, high-quality rice, fruits, and garments.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
(seafood.vasep.com.vn) In November 2024, Vietnam's tuna exports failed to maintain the rapid growth momentum seen earlier. Export value during the month increased by nearly 4% year-on-year, reaching approximately USD 82 million. Cumulatively, the export value for the first 11 months of 2024 totaled USD 903 million, a 17% increase compared to the same period in 2023. However, at this growth rate, the total export turnover for 2024 is estimated to only reach around USD 1 billion.
(seafood.vasep.com.vn) On the evening of December 24, 2024, in Hanoi, the Central Youth Union, Viet nam Youth Federation and the Vietnam Young Entrepreneurs Association held the Vietnam Golden Star Award Ceremony 2024, with the theme "Reaching Vietnam", honoring 200 outstanding enterprises. Deputy Prime Minister Nguyen Hoa Binh attended.
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