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

(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.

(seafood.vasep.com.vn) Commodity export turnover of Dong Thap province in the first 6 months of 2022 reached nearly 1 billion USD, up 62.7% over the same period in 2021. Export activity in this province recovered strongly, with high growth rate comparing with the same period last year, worth mentioning the impressive growth in products of seafood and rice.

(seafood.vasep.com.vn) Nam Viet Corporation (Navico) decided to establish Nam Viet Aquaculture Feed processing one member company - An Giang branch in An Giang province with the main business of producing and processing aqua feeds, wholesale of agricultural and forestry products, rice, wheat, etc.

(seafood.vasep.com.vn) In recent years, the fishery economy has been invested and exploited effectively by Ben Tre province, making an important contribution to the overall economic growth of this province.

(seafood.vasep.com.vn) From June 12 to June 17, 2022, the VASEP’s IUU Working Group hold a dialogue program with the Sub-Department of Fisheries, fishing ports, fishermen and businesses of Binh Dinh, Phu Yen and Khanh Hoa on fighting IUU fishing.

(seafood.vasep.com.vn) After more than three years of application, super-intensive shrimp farming is considered a model that brings production efficiency and is expected to be expanded and developed soon.

(seafood.vasep.com.vn) In the first 4 months of 2022, Vietnam's shrimp exports to Australia reached US$95 million, up 74% over the same period last year and reaching the highest growth compared to the same period in previous years.

(seafood.vasep.com.vn) After reaching a record of over $1.1 billion and a growth rate of over 50% in April 2022, entering May, Vietnam’s seafood exports could not maintain a heated growth but still hit the $1 billion mark. This number is 27% higher than the same period last year.

(seafood.vasep.com.vn) The pangasius industry of the southern province of Dong Thap has now expanded its export markets to 134 countries, including high-end markets such as Europe and the US.

(seafood.vasep.com.vn) The two sides have just signed a strategic cooperation agreement to contribute to the development of the shrimp value chain, from seed to table, raising the level of the Vietnamese shrimp.

(seafood.vasep.com.vn) In the morning of March 11, the Ministry of Agriculture and Rural Development coordinated with the People's Committee of Soc Trang Province to organize an online conference called "Developing the Shrimp Industry in 2022 and signing regulation on cooperative management of brackish water shrimp breeds in 2022".