News

Vietnam weekly summary (November 25, 2019 – December 8, 2019)

Aquaculture:

Since the past 10 years, fish farming in plastic cages with Norwegian technology has started to expand in Van Phong Bay of Khanh Hoa Province. This region has the most developed mariculture techniques in the South Central region.

Mariculture areas in this region are of private businesses and the Research Institute of Aquaculture. An industrial mariculture zone of the Research Institute for Aquaculture 1 especially has a scale of 10 farming cages with a perimeter of 60 meter each. They are arranged on an area of ​​10 hectares of sea surface, producing 150 tons of Trachinotus blochii every year.

In Vietnam, the area of mariculture increases rapidly. From nearly 39,000 hectares in 2010, mariculture in the country was expanded to nearly 250,000 hectares in 2018. The output of this farming method also increases more than 2 times, reaching nearly 380,000 tons. Mariculture is especially concentrated in some provinces such as Quang Ninh, Khanh Hoa, Phu Yen and Kien Giang.

Supporting farmers to switch from fish-cage farming with traditional method to farming with Norwegian technology has helped provide a clean and safe environment, especially when large storms occur.

Processing, Import and Export:

According to the Directorate of Fisheries, from the beginning of the year to the end of October 2019, aquaculture farming and processing increased by 5.4% over the same period in 2018. This statistic reached 82.6% of the 2019 plan. Of which, the output of fishing is over 3.2 million tons, and of aquaculture farming is 3,469 million tons. The total export turnover reached $7,086.4 million, which is 94.9% compared to the same period last year.

In December this year and the year of 2020, the aquaculture industry will face new challenges. Global economic growth is forecasted to decline, leading to a reduction in seafood consumption. Along with that, the industry needs to manage climate change and unstable weather that can affect aquaculture farming and production.

To take the best opportunities, limit risks, and strive to reach the goal of exporting $10 billion of seafood in 2019, the aquaculture industry needs to strengthen disease control on farmed seafood and quarantine on imported and exported raw shrimp. Along with that, developing disease-free shrimp farming areas; managing food safety of raw seafood, as well as controlling impurities, chemical residues, and antibiotics in shrimp products are also important to build the reputation of Vietnamese shrimp in international market.

By Sonia LV

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