Vietnam’s seafood industry is projected to enjoy strong growth in the 2021-2030 period thanks to the increasing per capita seafood consumption in the world, according to a report published recently by the Organisation for Economic Cooperation and Development (OECD) and the Food and Agriculture Organisation of the United Nations (FAO).
After months of stagnation due to COVID-19, Vietnam’s seafood sector is now striving to recover production and boost exports, especially during the year-end period.
Diversifying products and adapting quickly to market fluctuations will help create growth momentum and remove difficulties for seafood exports, experts have said.
Export revenues by Ho Chi Minh City-based enterprises in the first six months of the year reached 19.6 billion USD, a 9.2 percent increase year-on-year, according to the municipal People’s Committee.
The Mekong Delta province of Kien Giang has asked relevant sectors, district and cities to enhance education on regulations about illegal, unreported, and unregulated (IUU) fishing among ship owners and fishermen.
The People’s Committee of the central coastal province of Khanh Hoa has approved a development plan for the seafood sector for 2025, with a vision towards 2035.
The Ca Mau Association of Seafood Processing and Export (CASEP) of the
southernmost province of Ca Mau has set its sights on earning 1.65
billion USD from seafood exports by 2020.
Vietnam’s seafood farming and fishing industry is expecting to
produce 6.4 million tonnes in 2015, according to the Directorate of
Fisheries under the Ministry of Agriculture and Rural Development.
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