GENERAL INFORMATION

In Vietnam, the fishery sector plays an important role in the national economy, accounting for about 4-5 percent of Gross Domestic Product (GDP) and about 9-10% of national export revenue.

More than 4 millions of people working in the fishery and the growth in production have attributed to the fish exports. Thanks to strongly increase in many years, Vietnam ranks among the top ten seafood suppliers and its seafood products are exported to 170 markets in the world.

Shrimp, pangasius, tuna, squid and octopus are main seafood products exported by the country. In which, shrimp exports create about US$ 3.5 – 4 billion, make up 46-50% of the total seafood sales of Vietnam. Earnings from pangasius reached at US$ 1.7 – 1.8 billion (25% of the total) and exports from Tuna and Cephalopods are US$ 450 – 550 million for each.

Exports to the U.S, Japan, EU, China and South Korea make up 75% of Vietnam’s seafood sales to the wolrd.

5 advantages for Vietnam seafood exports:  

(1)  High commitment and participation from Government, Industry and companies for food safety, environment  and social responsibility;

(2)  Able to supply the big volume and safe quality and stable seafood products;

(3)  Meet all the customers’ requirements, incl. the vertical linkage (integration) for each species sector;

(4)  Vietnam is one in few countries in the world which has the good and stable labor resource; 

(5)  Vietnam has Agreements / FTAs with many countries and territories and has advantages both in product quality and im-ex tax.  

Ben Tre targets 2 percent growth in agro-forestry-fishery in 2017

The agro-forestry-fishery sector of the Mekong Delta province of Ben Tre should aim for an increase of two percent in 2017, said Vice Chairman of the provincial People’s Committee Nguyen Huu Lap, citing forecast that drought and saline intrusion will become more severe.

In 2016, Ben Tre province suffered from prolonged droughts and saline intrusion. Therefore, the agro-forestry-fishery sector only registered a growth of 0.9 percent, below the target of 4.3 percent.

Currently, agriculture production of the province has gradually recovered, with 80 percent of damaged fruit growing areas have been restored.

According to the provincial Department of Agriculture and Rural Development, as of now, the area of cultivated rice is estimated at 58,246ha, a decrease of 7.5 percent year-on-year.

Meanwhile, the area of grass for animal husbandry was expanded by 15.8 percent to 3,035ha. The acreage of coconut trees, a specialty of the province, also went up 1.1 percent to 69,330ha.

As a result, the cattle herd in the province saw an 11.7 percent increase to more than 197,000 head.

To counter droughts and saline intrusion, local people have switched to new kinds of plants and animals to increase provincial economic value and adapt to climate change.

Around 852ha of rice fields has been switched to other plants such as fruit trees, vegetable or grass for animal husbandry.

Source: VNA


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