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.

Vietnam’s aquatic product exports hit 2.8 billion USD

Vietnam’s aquatic product export turnover reached 618 million USD in May, pushing the total figure in the first five months of 2017 to 2.8 billion USD, a year-on-year rise of 10.4 percent, reported the Ministry of Agriculture and Rural Development.

The US, Japan, China and the Republic of Korea were leading importers of Vietnamese aquatic products, which accounted for 53.5 percent of the country’s export value.

Also in May, Vietnam imported 87 million USD worth of aquatic products, raising the five-month figure to 508 million USD, up 28 percent year on year.

According to the ministry, processing enterprises have increased the purchase of fish for export, especially to the Chinese market. Meanwhile, despite a slight fall, tra fish price still remained high at around 26,000 VND per kilo.

Tra fish production in the Mekong Delta region in the first five months of this year reached nearly 466,000 tonnes, an increase of 11.1 percent compared to the same period last year, while farming area was 3,092 hectares, a drop of 6.2 percent.

Meanwhile, material shrimp price in May rose slightly after a decline in the previous month.

Source: VNA