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.

Binh Thuan increasing incentives for offshore fishing

13:42 09/13/2014

(vasep.com.vn) Binh Thuan province is giving priority to encourage fishermen to build offshore fishing vessels with high capacity as well as developing logistic services and fish processing at sea.

The locality is expanding fishing unions or groups for mutual support among vessels as well as protecting the national sovereignty at sea.

Besides fishing, the province strengthens developing aquaculture and protecting fishing grounds.

In the past 3 years, local fishermen have mobilized capital sources to invest in building new high-capacity vessels with over VND300 billion; upgrading and repairing 2,000 ones of more than 90 CV with nearly VND700 billion. This aims to raise the productivity of offshore fishing boats.

Now, Binh Thuan has more than 7,500 fishing vessels in which Phu Quy island owns nearly 1,120 boats with labour force of 6,050 people who are fishermen and fish traders.

Through June 2014, capture production of the province reached 78,748 MT, up 6.2 percent year on year; aquaculture production hit 6,487 MT.