August 23, 2022
Vietnam aims to produce 5.6 million tonnes of farmed seafood yearly by 2025
Vietnam has rolled out a plan to significantly increase its aquaculture production.
Under the plan, by 2025, the country hopes to produce 5.6 million tonnes of farmed seafood per year – up 16.7% from the 4.8 million tonnes Vietnam produced in 2021.
By 2025, the country said it will be able to produce more than half of its demand for black tiger shrimp broodstock, more than 25% of its demand for vannamei broodstock and more than 70% of its demand for pangasius broodstock.
The plan targets raising Vietnam's aquaculture output to seven million tonnes per year by 2030, which estimates will bring in about US$12 billion per year of export value, up from the expected value of US$7.8 billion per year in 2025.
By 2030, the country aims to have a capacity to produce more than 60% of its domestic demand for black tiger shrimp and vannamei broodstock, respectively, and 100% of its demand for pangasius broodstock.
With a coastline of more than 3,260 kilometers (2,026 miles) and numerous islands and bays, Vietnam has huge geographic potential for aquaculture, according to the plan.
In October 2021, Vietnam approved a strategy to develop its sea aquaculture sector until 2030 with a vision to 2045, focusing more on raising fish, lobsters, other crustacean species, mollusks and seaweed.
Under the strategy, the country is targeting 850,000 tonnes of marine aquaculture production, which could be raised to 1.45 million tonnes by 2030. It hopes to increase its ocean-farming activities to cover 280,000 hectares by 2025, increasing to 300,000 hectares by 2030.