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.

Legal framework built for aquatic resources reproduction fund

10:52 04/13/2015

The Ministry of Agriculture and Rural Development and the Danish International Development Agency held a workshop in Hanoi on April 3 to review the building of a legal framework for the operation of the Fund for Aquatic Resources Reproduction (VIFARR).

The fund was set up in 2007 under the Prime Minister’s Decision 29/2007/QD-TTg but has yet to begin operation pending a legal framework.

A project is now under way since August 2014 to build the legal framework with funding from the Danish Government.

The project, which is to end in June this year, is also expected to assist with the building of a decree on the utilisation and management of financial sources in the field.

Participants evaluated the surveys on fishery activities of organisations and individuals with a view to suggest the levels of financial contributions by stakeholders to the fund. Two surveys have been conducted in Kien Giang and Phu Yen provinces involving tuna fishing, lobster farming and sea fishing.

They also made suggestions on regulations for the fund’s operations.

(Source: VNA)