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.  

Tra Vinh: seafood exports expected to reach 352 mln USD in 2018

The Mekong Delta province of Tra Vinh hopes to earn about 8 trillion VND (352 million USD) from exporting seafood in 2018.

The province targets a total output of 188,000 tonnes, including 113,000 tonnes from farming.

Pham Minh Truyen, Deputy Director of the provincial Department of Agriculture and Rural Development, said the province aims to enhance the value of its seafood products while ensuring sustainable development of the local fishery sector in line with its restructuring roadmap by 2020.

In order to realise the goals, the province is taking numerous measures on the planning management, production and supplies of fries.

Supervision and management are strengthened over feed quality and veterinary drug and the environment of farms. Investments are poured into in building technical infrastructure serving aquaculture and seafood processing, while the application of science – technology in the local sector is promoted.

Priority is given to accelerating the implementation the construction and completion of infrastructure works for aquatic farming, including the 4,800ha aquaculture project in Long Vinh and Long Huu communes, the 1,170ha aquaculture irrigation project in Don Xuan and Don Chau communes, and the 2,800ha shrimp farming project in Vinh Long commune in Duyen Hai district; and the aquaculture irrigation project in Hiep My Tay and Thanh Hoa Son communes in Cau Ngang district.

The province also makes planning and develops a technical procedure for expanding hi-tech shrimp farming.

In 2017, Tra Vinh produced over 199,000 tonnes of seafood, up 27,000 tonnes from 2016, and earned 8.49 trillion VND (373.56 million USD), of which 6.8 trillion VND (299.2 million USD) came from farming.

VNA


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