Vietnam to join world's top five seafood processing countries by 2030
The growth of processed seafood output in Vietnam will reach over 6 percent a year by 2030 under a national seafood processing development strategy for 2021-2030 which has been approved by the Prime Minister.
The Vietnam Association of Seafood Producers and Exporters forecasts that seafood exports would increase by an average of 7 percent yearly between 2021 and 2025, reaching 12 billion USD in 2025.
Vietnam’s seafood exporters are seeking ways to boost shipments to niche markets, as COVID-19 is disrupting supply chains, hindering logistics services and raising transportation costs.
Vietnam’s aquatic products have gained the favour of Australian consumers, Secretary of the Australian Department of Agriculture, Water and the Environment Andrew Metcalfe told a workshop on October 1.
The Mekong Delta province of Tien Giang raked in 2.45 billion USD from exports between January and September, increasing 11.15 percent annually and fulfilling 75.4 percent of the yearly plan.
Social distancing in the Mekong Delta has had a great impact on the basa fish industry, said the Directorate of Fisheries. As of mid-September, basa harvesting is estimated at 932,000 tonnes, only 81.1 percent of the same period last year.
Vietnam’s fishermen, businesses and government have joined hands in implementing fishing regulations, in a bid to have the European Commission (EC)’s illegal, unreported and unregulated (IUU) fishing “yellow card” removed.
Vietnam’s seafood exports continued falling 23 percent in September, following a significant decline of 36 percent in August, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Source: VNA 
