February 23, 2023

Vietnam approves national programme to develop sustainable aquaculture

Vietnam has approved a national programme to develop effective and sustainable aquaculture while adapting to climate change, which will run until 2030, Fish Information & Services reported.

The programme, approved by Vietnam's Prime Minister Pham Minh Chinh, aims to improve productivity, quality, value and competitiveness of aquatic products and meet the requirements of domestic and export markets.

Aquaculture production in Vietnam is expected to reach 7 million tonnes by 2030, with an export value of US$12 billion annually. The growth rate of aquaculture in the country is forecast to reach an average of 4.5% a year.

More than 50 aquaculture areas and concentrated seed production zones in Vietnam will receive investment over the next eight years, while essential infrastructure will be upgraded to meet production requirements.

Vietnam is a major global pangasius producer. Through this programme, the country also aims to actively produce and supply more than 70% of the demand for tiger prawn and white-leg shrimp and 100% of selected brood stock.

The country has also invested in upgrading aquaculture infrastructure, developing production systems, supplying materials, and boosting aquaculture supporting industries.

Vietnam's Ministry of Agriculture and Rural Development is proposing new policies related to fisheries development, implementing mechanisms and policies on infrastructure investment in seed production, and aquaculture development. Funds will be allocated to construct key infrastructure at concentrated aquaculture areas, marine aquaculture areas, and concentrated aquatic seed production areas.

Vietnam's seafood export value in 2022 reached a record high US$11 billion, 23.8% higher compared to 2021. Aquaculture production in the country has reached 5.19 million tonnes last year, 7% higher compared to 2021.

-      Fish Information & Services