July 27, 2010


Bianfishco launches aquaculture research institute


Vietnam's first private institute of aquaculture research, built by Binh An Aquaculture Join-Stock Company (Bianfishco), will open this week in Can Tho City to help farmers raise high-quality products.


The seafood processor and exporter has invested more than US$10 million in building a new facility for the institute and equipping it with modern technology.


The Binh An Aquaculture Research Institute will conduct research and develop long-term strategic planning for the aquaculture sector.


Pham Thi Dieu Hien, Bianfishco's general director, said she founded the institute to ensure the sustainable growth of the aquaculture sector.


Among the many aims of the institute is the creation of production value chains that meet the criteria of international standards on raising, processing and exporting products.


Hien said higher-quality fish were needed to meet increasingly strict requirements by buyers in and outside the country.


New technologies that can enhance the quality of breeds and, in turn, produce high profit will also be a research focus of the institute.


Other goals are to produce standardised fish feed as well as drugs and vaccinations that can be used to treat fish.


Biological products that facilitate aquaculture development and research will also be produced at the institute.


Besides research, the institute will set standards for food safety and hygiene and develop a system to trace the entire production chain of aquaculture back to its source.


The institute also intends to create a long-term marketing strategy and consumption distribution chains, and set up value chains for aquatic products.


It will support exporters and fish breeders by distributing information and offering guidance on quality fish breeding.


In addition, one of the most important tasks of the institute is to conduct research on the effects of climate change on fish breeding.


The Ministry of Science and Technology has given the private institute VND2.5 billion (US$132,000) to aid in operational management.


Outstanding experts from Binh An Aquaculture Joint-Stock Company will work at the institute. It will also partner with universities around the world to develop effective models for breeding and processing aquaculture, which produce quality products at high profits.


Bianfishco is the first company chosen by the ministry to develop a project to trace the entire production and distribution path with the use of information technology and radio wave technology.

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