Farmed seafood exports likely to hit 30-35 billion USD by 2030

Vietnam’s farmed seafood output is likely to reach 4.7 million tonnes with export earnings expected to hit 30-35 billion USD by 2030.
Farmed seafood exports likely to hit 30-35 billion USD by 2030 ảnh 1A fisherman carries a tuna on his shoulder at Tam Quan port, Hoai Nhon district, Binh Dinh province (Photo: VNA)

HCM City (VNA) – Vietnam’s farmed seafoodoutput is likely to reach 4.7 million tonnes with export earnings expected tohit 30-35 billion USD by 2030, said Chairman of the Vietnam SeacultureAssociation (VSA) Nguyen Huu Dung at a workshop in Ho Chi Minh City on May 5.

Dung said Vietnam has been one of the world’sleading countries in sea-culture since 2012 and its seafood exports haveincreased in recent years.

However, to reach the said-above figures, thegovernment needs to adopt policies to encourage investment in sea-culture, headded.

Nguyen Ba Son, a representative from theDirectorate of Fisheries, said by the end of 2016, the country had 6,300hectares of ponds and nearly 1.2 million cubic meters of cages to raisesaltwater fish.

The output of saltwater fish in 2016 nearlydoubled that of 2010, reaching 28,300 tonnes. Key fish farming provincesinclude Khanh Hoa, Quang Ninh, Kien Giang, and Ba Ria-Vung Tau.

Experts advised State management agencies andbusinesses to clearly define consumption markets to avoid massive developmentbefore pouring investment in the field.

Lucas Manomaitis, Technical Director forAquaculture in Southeast Asia of the US Soybean Export Council, said most offish resources in the region, including Vietnam, are being overexploited,resulting in a decline in the supply of sea fish.

Toprepare for the development of the sea fish farming sector, State managementagencies and farmers should study the demand of international customers andimprove product quality, he noted.

The VSA suggested improving policies to attractinvestment and support the sector’s sustainable development, while implementingprogrammes to inspect and rehabilitate the marine ecological environment.-VNA
VNA

See more

The 20th meeting of the Vietnam-RoK Joint Economic Committee takes place in Seoul on November 14. (Photo: VNA)

Vietnam, RoK seek new drivers to advance comprehensive cooperation

The RoK is also Vietnam’s largest foreign investor. As of the end of September, Korean investors operated 10,301 valid projects with combined registered capital of 94.2 billion USD, topping both capital value and number of projects among 154 countries and territories investing in Vietnam. Korean enterprises contribute roughly 30% of Vietnam’s total export value.

Workers process aquatic products for exports. (Photo: VNA)

Workshop seeks to boost agro-forestry-aquatic exports to EU

Participants underlined the importance of complying with the EU’s strict standards, stepping up national branding, developing green and clean products aligned with European consumer preferences and, particularly, embedding cultural value and compelling Vietnamese stories in each product.

HCM City hosts twin international exhibitions on fashion and mother–baby products (Photo: VNA)

HCM City hosts dual int’l fashion, mother–baby exhibitions

The SIUF Vietnam 2025 Intimate Fashion and Sourcing Expo and the International Expo for Children, Baby, Maternity Expo (CBME Vietnam 2025) will become a premier platform for international collaboration, helping expand exports, upgrade supply chains, and elevate the global standing of Vietnamese brands.

Illustrative photo (Photo: VNA)

Retail petrol prices rise in November 13 adjustment

Since the beginning of this year, domestic fuel prices have been adjusted 47 times. Of these, RON95-III recorded 26 increases and 21 decreases, while diesel saw 24 rises, 22 decreases, and one unchanged.