Ministry approves seafood plan

The Ministry of Agriculture and Rural Development has approved a comprehensive seafood processing plan to be implemented over the next decade.
The Ministry of Agriculture and Rural Development has approved acomprehensive seafood processing plan to be implemented over the nextdecade.

The plan seeks, among other things, to increaseexports by 3.5 percent a year to 10 billion USD by 2020 when 2 milliontonnes are sought to be shipped.

The domestic consumptionof processed seafood is targeted to reach 950,000 tonnes a year aftergrowing at an average annual rate of 3.3 percent.

The fisheries processing and cold storage capacity will be 2.1 million tonnes a year and 1.1 million tonnes a year.

To achieve the targets, the plan envisages upgrade and construction ofindustrialised seafood processing plants and equipping fishing boats andseafood-purchase vessels with storage facilities.

Also tobe built are seafood processing industrial clusters, seafood coldstorage facilities, and a centre for research in processing andpreserving seafood.

There will be programmes to train workers in seafood processing and promote exports and local consumption.

Seafood processing activities will be spread across the country's fourmain regions, with processing capacity based on the availability of rawmaterials, infrastructure, and human resources in each place.

In the Red River Delta region, Hai Phong City will be the hub.

In the north-central and central-coastal region, Da Nang City and Khanh Hoa province will be the twin centres.

For the southeastern region, it will be HCM City and Ba Ria –Vung Tau province, while in the Mekong Delta region, it will be Can Tho.

The ministry will also focus on developing export marketsand create brand names for the country's major fisheries exports likeblack tiger shrimp, tra fish, and tuna.

While majortraditional markets like the EU, the US and Japan will continue tobe served, new markets like China , Eastern Europe, the Middle East,North Africa and South America will be targeted.

Distributors and supermarkets will directly be targeted for exports and not importers, unlike now.

At home, modern sales networks will be developed in urban and industrial areas.

The plan will cost 24.6 trillion VND (1.17 billion USD) to implement,with the money coming from a variety of sources, including local andforeign loans and private investors./.

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