GENERAL INFORMATION

Vietnam, with a coastline of over 3,260 kilometers (km) and more than 3,000 islands and islets scattered offshore, plus up to 2,860 rivers and estuaries, has been geographically endowed with ideal conditions for the thriving fishery sector which currently exists.

Great potential of fishery sector in Vietnam is embedded in water bodies of 1.700.000 ha in which 811.700 ha freshwater, 635.400 ha brackish waters and 125.700 ha coves and 300.000 - 400.000 ha wetland areas might be employed for aquaculture development.

The Mekong River Delta in the south and the Red River Delta in the north have been used for wild catch fishing as well as extensive fish farming.

Shrimp and pangasius mostly farmed in the Mekong River Delta, in which, shrimp farmes located in coastal provinces such as Tra Vinh, Bac Lieu, Soc Trang, Ca Mau, Kien Giang, Ben Tre..

Pangasius farming is developing in many provinces in Mekong River Delta such as Can Tho, Vinh Long, Tien Giang, An Giang, Dong Thap, Soc Trang, Hau Giang, Tra Vinh....

Production in the fishery sector grew at an average rate of 7.05% from 1991 to 2000, and 10% from 2001 to now. Vietnamese fisheries production increased steadily YoY. Aquaculture output tent to sharply rise while capture ouput tend to slow down. In 2023, aquaculture occupied 59%, fishing output occupied 41%. From 2018-2023, ratio of fishing output has decreased from 46% to 41% of total fishery production in Vietnam. In 2023, total aquaculture area was 5.408 million tons, up 3.5%; total fishing output was 3.861 million tons, equal to 2022.

Available fish sources

Ca Mau fisheries industry has developed steadily in H1.2024
09:35 06/24/2024

(seafood.vasep.com.vn) Over the past time, the aquaculture sector in Ben Tre has maintained a quite stable development, with more than 50,000ha of potential aquaculture area. By the end of 2022, Ben Tre’s aquaculture area was 47,590ha; total farming production reached 310,015 tons. Main farmed species included 83,100 tons of brackish water shrimp, 14,900 tons of molluscs, 203,000 tons of pangasius, over 90% of the farmed output has high economic value for export processing. Ben Tre has 13 seafood processing factories for export with a designed capacity of more than 150,000 tons. Seafood export output in 2022 increased by 14.02%. Currently, Ben Tre is calling for investment in a shrimp processing plant to process raw shrimp products of the province.

(vasep.com.vn) Total Vietnam's fishery production (including aquaculture and wild-caught in January 2023 was estimated at 592.1 thousand tons (up 0.2% over the same period in 2022), of which aquaculture production was estimated at 333.7 thousand tons (up 3.5% over the same period in 2022).

(seafood.vasep.com.vn) At the meeting to summarize the agricultural sector in 2022 on the afternoon of January 10, the leader of the Department of Agriculture and Rural Development of Soc Trang province, said that the total area of aquaculture in the province reached 75,355 hectares (freshwater, brackish water, salt water ), exceeding 0.47% of the plan (75,000 ha) and increasing 4.28% over the previous year. Total seafood production of Soc Trang province reached 352,763 tons, exceeding 0.22% of the plan (352,000 tons), increasing by 0.6% compared to the previous year (2,121 tons).

(seafood.vasep.com.vn) The Mekong River Delta accounts for about 70% of Vietnam’s total hectares of aquaculture. This is the region with the largest production and value in the country, contributing about 65%.

(seafood.vasep.com.vn) In December 2022, Vietnam's seafood exports reached 785 million USD, continuing a 13% decrease compared to the same period in 2021. However, thanks to continuous growth in the first 10 months of the year, the seafood exports have reached 11 billion USD, an increase of nearly 24% compared to 2021.

(seafood.vasep.com.vn) On December 10, VASEP and seafood enterprises held a celebration of seafood export reaching 10 billion USD celebrating the successful results of a long journey conquering the world market for more than 20 years. 2022 is a year of many records for the seafood industry. Seafood exports broke a record of 11 billion USD, of which the shrimp industry reached a record sales of over 4.3 billion USD. Pangasius exports will reach 2.4 billion USD, a record high and record annual growth of 70%. Tuna also became a billion-dollar industry for the first time.

(seafood.vasep.com.vn) On December 2, 2022, the Ministry of Industry and Trade issued Decision No. 2615/QD-BCT approving the list of "Prestigious export business" in 2021. Accordingly, there are 46 seafood processing and exporting enterprises in this list.

(seafood.vasep.com.vn) In order to achieve the goals set out in the field of fisheries, the Ministry of Agriculture and Rural Development will guide localities to focus on developing key aquaculture with high economic value in the direction of increasing commercial value and sustainable development.

(seafood.vasep.com.vn) Dong Thap Provincial People's Committee has just issued a plan to develop the pangasius industry until 2025. In which, 1,225 hectares of pangasius production will be produced in accordance with the GAP standard and export turnover will reach US$980 million per year.

(vasep.com.vn) Binh Dinh is holding the festival with the aim of promoting trade in tuna; introducing tuna cuisine associated with the Tuna Workshop; performing trimming and filleting tuna...

(seafood.vasep.com.vn) The seafood export markets of Ca Mau province has recently been expanded thanks to free trade agreements. In particular, this year's seafood export turnover of Ca Mau has increased by more than 42% over the same period.

(seafood.vasep.com.vn) The catch in July 2022 of Ben Tre province was estimated at 17,500 tons, the accumulated in 2022 reached 111,500 tons, down 18% over the same period, reaching 47.1% of the year plan.

(seafood.vasep.com.vn) Shrimp farming model is directed towards ecological roles of natural products with no drugs and chemicals used, costs reduction, records the highest profit of up to 80 million VND/hectar/year.

(seafood.vasep.com.vn) The particular ecological conditions along with large intertidal zone of coastal mangrove forest in Ca Mau province has created ideal conditions for developing shrimp farming under the forest canopy.

(seafood.vasep.com.vn) Camimex Group is investing and completing many processing plants, helping to increase the capacity to 20,000 tons of finished products per year. Along with high-tech farming development projects, Camimex expects sales to reach 250 million USD/year in the next 5 years.