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.

High technology applied for shrimp development in Bac Lieu province

Deputy Prime Minister Trinh Dinh Dung has recently commented on the high-tech shrimp farming park in the southern province of Bac Lieu.

Specifically, based on relevant regulations of the Law on Public Investment, the Ministry of Planning and Investment is responsible for working with relevant agencies to examine the capital sources and capital balancing capability of the project and proposing an agency to examine the pre-feasibility study report for the project and report back to the PM.

Shrimp farming is the biggest advantage of Bac Lieu with an annual shrimp output of 105,000 tonnes (the second largest across the country, just behind Ca Mau province), generating a value of nearly VND11.5 trillion (US$506 million).

Besides, the province is also one of the largest shrimp fry production centres with an output of 25 billion fries per year, accounting for 50% of the Mekong Delta’s figure and 19.23% of the country’s total figure.

With the goals of becoming the largest shrimp cultivating zone in the country and building the Vietnamese shrimp trademark, Bac Lieu has built a number of high-tech shrimp farming models, such as the model of super-intensive shrimp production in greenhouses of the Viet Nam-Australia Group and the model of applying the Biofloc technology to super-intensive shrimp production at the Truc Anh Production and Trading Limited Company.

(VGP)


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