The State Budget contribution for this expense will be used to improve fisheries infrastructure, and they will try to use foreign direct investment (FDI) as well as official development assistance (ODA) funding for other fisheries development projects, the officials said.
Vu Van Tam, deputy minister of the Ministry of Agriculture and Rural Development (MARD), advised Mekong Delta authorities to get scientific and specific plans ready for all processes including production, processing and export of seafood, particularly tra and shrimp, if they want to ensure sustainable development of their fisheries sector, VNS reports.
Conducting these tasks would enable them to manage the entire value chain in a superior manner, thereby ensuring profit distribution and risk sharing in the fairest way possible, Tam specified.
He said that the Cuu Long River Delta fisheries sector has great potential to draw investment from domestic and foreign investors in addition to funds from State Budget disbursements.
Provinces and cities in the Delta region, Tam said, should create close relationships among themselves by establishing a fisheries development centre with Can Tho City as the heart, as the city possesses strong transport infrastructure linking regional localities by road, water and air, plus various scientific and technological research institutes and training centres.
If Can Tho becomes the hub for the delta's fisheries development centre, it would provide the delta with a common fisheries market, a marine produce processing complex and a freshwater produce trading floor, as well as research institutes and a human-resource development centre.
In order for the Mekong Delta to realize this, the Government has to issue incentive policies to egg on investments beyond the State Budget.
"The agriculture ministry will submit a master plan for fisheries development until 2020 to the Government for approval. If the Government approves it, the plan will provide a legal framework for establishment of the centre," Tam stated.
Dang Huy Dong, deputy minister of Planning and Investment, agreed with him, saying the Cuu Long Delta Fisheries Development Centre should be set up so that it can work as an effective link for the fisheries industry in the delta region.
In addition, there should be an agency specialising in regulating tra production and processing, he said.
"The ministry plans to call on domestic and overseas enterprises to further invest into the delta's fisheries sector with the main focus on infrastructure facilities," Dong added.
According to Vietnam Customs, the export of value-added pangasius in the first eight months of 2024 has been evaluated as quite positive, with continuous growth in many major markets such as the United States, CPTPP, and the Netherlands...
(seafood.vasep.com.vn) The Department of Fisheries of Ca Mau province coordinated with the School of Fisheries under Can Tho University to organize training courses on high-tech shrimp farming for 120 people in processors, cooperatives and families that are raising intensive and super-intensive shrimp in the province.
(seafood.vasep.com.vn) Currently, Soc Trang province plans to expand its shrimp farming area from over 50,000 hectares to 57,000 hectares by 2025, aiming for a production of 233,800 tons and maintaining a $1 billion export value. The project will establish 45 climate-resilient shrimp farming models and ensure all farms meet aquaculture standards for traceability.
(seafood.vasep.com.vn) In July 2024, Vietnam's fish cake and surimi exports declined. The export value reached just over 24 million USD, down 3% over the same period. In the first 7 months of 2024, the cumulative export of this product group reached 152 million USD, down 13%.
(seafood.vasep.com.vn) Dong Thap is a key region for pangasius farming, boasting the largest production in the Mekong Delta. In the first seven months of 2024, the estimated aquaculture area reached 4,778 hectares, with a harvest yield of 307,336 tons. Of this, the intensive pangasius farming area covered 2,042 hectares, with a harvest of 252,670 tons.
(seafood.vasep.com.vn) According to Vietnam Customs, in the first half of August 2024, Vietnam's pangasius exports to the EU reached nearly 8 million USD, up 57% over the same period. Cumulative pangasius exports to this market as of August 15, 2024, reached 107 million USD, up 0.5% over the same period last year.
(seafood.vasep.com.vn) The Board of Directors of International Development & Investment Corporation (IDI) is confident of completing this year's profit plan in the context of gradually recovering demand for pangasius in China and Mexico.
(seafood.vasep.com.vn) Some farmers in Soc Trang province have successfully applied a balanced biological shrimp farming technique, which eliminates the use of chemicals to minimize environmental impacts. This is a model of farming that adapts to climate change.
8 finalists have been named in the best new seafood product competition to be awarded at Seafood Expo Asia, taking place 4 to 6 September at the Sands Expo and Convention Centre in Singapore.
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