Addressing a roundtable in Ho Chi Minh City on November 22, Tran Dinh Luan, Deputy General Director of the Directorate, highlighted the importance of the aquaculture sector in the country’s agricultural production and exports.
Productivity and output have increased significantly in recent years, with output exceeding catches from the sea, he said.
The increase in the use of technology has obviously helped increase aquaculture productivity and output, Vu Duyen Hai from the directorate said.
Demand for aquaculture products is expected to continue increasing in the coming years, especially in developing countries, he said.
The free trade agreements the country has signed will throw up opportunities for Vietnamese firms to increase production and export, he added.
But the sector faces challenges, Hai and other participants said.
Vietnam is among the world’s largest aquaculture producers and exporters, but its costs are high compared to other countries in the region, they said.
Truong Thi Le Khanh, Chairwoman of the Vinh Hoan Co. Ltd., to raise the value of aquaculture products, Vietnam need to improve from the improvement of the product quality from varieties to farming and processing technologies.
She called on businesses and producers to adopt advanced production technologies, automate processing, diversify products and strengthen linkages among stakeholders to cut costs and improve quality.
Besides, enterprises should pay due attention to by-products and invest more in processing to raise the value for the sector.
Truong Dinh Hoe, General Secretary of the Vietnam Association of Seafood Exporters and Producers (VASEP), said the Government should zone areas for aquaculture and processing plants and identify what species to breed with a focus on encouraging closed production models, linkages in production chains and adoption of modern technologies to improve productivity and reduce costs.
Organised by the directorate, VASEP and GIZ, the event was held to discuss the current situation in the aquaculture sector and measures to improve its efficiency and increase investment in it.
VNA
(seafood.vasep .com.vn) The return of Donald Trump to the White House for a second term will bring significant impacts on Vietnam, particularly its pangasius export sector. Trump's economic policies, such as raising import tariffs, reducing corporate income taxes, and attracting foreign direct investment (FDI) back to the US, are expected to directly influence various industries in Vietnam.
(seafood.vasep.com.vn) The UAE ranked 16th among importers of Vietnamese shrimp from 2018 to 2022, accounting for approximately 0.5% of Vietnam's total shrimp export value. Annually, Vietnam exported around US$20 million worth of shrimp to this market.
(seafood.vasep.com.vn) The company also announced that its farms are well-prepared and will begin stocking in mid-November when the weather conditions are favorable.
(seafood.vasep.com.vn) To maximize natural advantages and increase the value of local aquatic products, Ca Mau province is promoting the ecological shrimp farming model under mangrove forests. This model not only brings high profits to people thanks to businesses committing to purchasing products at prices 10-20% higher than the market price but also aims for sustainable development and environmental friendliness.
(seafood.vasep.com.vn) The Comprehensive Economic Partnership Agreement (CEPA) between Vietnam and the United Arab Emirates (UAE) was signed after just over a year of negotiations. With high demand for premium seafood in the UAE, particularly for shrimp and tuna products, Vietnam’s tuna industry is expected to gain increased export opportunities and higher product value thanks to the preferential terms of the CEPA.
(seafood.vasep.com.vn) In October 2024, seafood exports from Vietnam are estimated to exceed $1 billion, marking a 28% increase compared to the same period last year. This achievement signifies the first return to the $1 billion milestone in 27 months, since June 2022, providing a significant boost for Vietnamese seafood enterprises.
(seafood.vasep.com.vn) Under the theme "Dong Thap Pangasius: Green Journey - Green Value," the Dong Thap Pangasius Festival 2024 will take place over two days, November 16th and 17th, at Vo Nguyen Giap Square in Hong Ngu City.
(seafood.vasep.com.vn) The Department of Agriculture and Rural Development of Kien Giang has announced a plan to stabilize the biosafety rice-shrimp production area at 117,340 hectares by 2030.
(seafood.vasep.com.vn) According to the Department of Fisheries in Ca Mau, the total aquatic product output in the region is estimated at 536,140 tons as of October 17, achieving 82.23% of the annual plan and marking a 1.74% increase compared to the same period last year. Within this total, shrimp production stands at 208,495 tons, reaching 82.41% of the planned target and showing a 2.23% increase year-over-year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, pangasius exports to Iraq have surged significantly in the first nine months of 2024, marking the highest levels seen in three years. This upward trend has positioned Iraq as a key market for Vietnamese pangasius, even surpassing Iran, traditionally regarded as a gateway for trade between Vietnam and the Middle East.
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