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.

Agro-forestry-aquatic product exports hit 10.8 billion USD

The export value of agro-forestry-aquatic products reached 10.8 billion USD in the first four months of 2017, a year-on-year surge of 9.1 percent, according to the Ministry of Agriculture and Rural Development.

Key farm produce contributed 5.8 billion USD to the export value, up 12 percent from the same period last year. Some 1.86 million tonnes of rice worth 834 million USD were shipped abroad, down 7.7 percent in volume and 6.9 percent in value compared to the same period last year.

The country raked in 1.34 billion USD from exporting 592,000 tonnes of coffee, representing a decrease of 10.6 percent in volume but a rise of 19.2 percent in value year-on-year.

Exports of wood and wooden products brought home 2.4 billion USD in the four-month period, rising 12.7 percent over the figure of 2016. The US, China and Japan remained Vietnam’s largest import markets.

During the period, Vietnam also shipped 2.1 billion USD worth of aquatic products abroad, gaining a growth rate of 8.2 percent year-on-year.

Meanwhile, vegetable and fruit exports witnessed a year-on-year hike of 32.6 percent in export value to 1 billion USD. The four biggest import markets included China, the US, Japan and the Republic of Korea.

The country splashed out 8.52 billion USD to import agro-forestry-aquatic products from foreign countries, up 21.4 percent from last year’s figure.

Source: VNA


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