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. The country produces annually over 6 million MT of fish, in which its landings reached 2.7 million MT and aquaculture reached 3.3 million MT. In 2015, total fisheries production reached 6.56 million MT, including 3.03 million tons from catching and 3.53 million tons from aquaculture.

Agro-forestry-fishery exports exceed 3 billion USD in January

Export turnover of agro-forestry-aquatic products in January 2018 was estimated at 3.09 billion USD, up 25.9 percent against the same period last year.

According to the Ministry of Agriculture and Rural Development, export value of major farm produce hit 1.68 billion USD, a year-on-year rise of 34.1 percent.

Meanwhile, revenue from aquatic and forestry product shipments reached 560 million USD and 745 million USD, respective increases of 15.6 percent and 18.5 percent.

In the month, Vietnam exported about 524,000 tonnes of rice worth 249 million USD, up 56.5 percent in volume and 74.2 percent in value over the corresponding time in 2017. In the year, the rice export price averaged 451.9 USD per tonne, up 0.7 percent compared with 2016.

The country also earned 338 million USD from selling 173,000 tonnes of coffee in the month, increases of 24 percent in volume and 7 percent in value.

Rubber exports saw the sharpest rise with volume up 94.5 percent to 181,000 tonnes and value up 14 percent to 204 million USD.

Cashew nut exports stood at 25,000 tonnes, bringing home 256 million USD, up 39.9 percent in volume and 56.5 percent in value.

During January, vegetable and fruit exports were estimated at 321 million USD, a rise of nearly 37 percent year-on-year.

Despite a hike of 59 percent in volume to 13,000 tonnes, pepper export value dropped nearly 9 percent to only 56 million USD.

The ministry said agro-forestry-fishery imports in January were estimated at 2.78 billion USD, a year-on-year increase of 48.1 percent.

VNA