Friday, January 21, 2011

US$5billion in seafood exports targeted

This year, Vietnam’s seafood industry targets to farm and catch 5.3 million tonnes of seafood, and earn US$5 billion in exports, according to the Ministry of Agriculture and Rural Development's Directorate of Fisheries. Deputy Minister of Agriculture and Rural Development Vu Van Tam said the sector would develop through increased focus on quality and value improvement, by expanding farming areas, and by further developing key product such as tiger prawns, white-leg shrimp, catfish and oysters.

Aside from expanding the scale of catfish and shrimp production, localities should create favourable conditions for qualified and hygienic breeding to ensure enough materials for production, he said. To increase export value, the sector plans to develop traditional as well as potential markets, such as China, South Korea, Russia, the US, the EU and Japan. Le Thanh Luu, head of the Aquaculture Research Institute No1, said promoting trade and predicting changes in natural resources related to the industry were crucial.

Nguyen Viet Thang, chairman of the Vietnam Fisheries Society, said that to maintain long-term sustainable development of the sector, Vietnam should not focus only on exports but also on domestic consumption. Currently, there are 150 enterprises and 4,000 household businesses producing goods for domestic consumption. Labourers working in these businesses, however, only account for 12.7 per cent of the total workers in the sector, according to Tran Thi Dung, director of the Centre for Fisheries Planning. Read more...

This blog is written by Martin Little The Aquaculturists, published and supported by the International Aquafeed Magazine from Perendale Publishers.
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