October 14, 2008

 

Vietnam looks to expand vannamei shrimp output
 
 

Farmers in Vietnamese provinces of Bac Lieu and Ca Mau are expanding their breeding ponds for whiteleg shrimp (Litopenaeus vannamei) due to rising profits.

 

The shrimps are now sold for VND 150,000 (US$9) per kg.

 

With an average output of 10-13 tonnes per hectare, breeders are able to earn VND 120-150 million (US$7,235-9,044) per hectare, according to Dinh Vu Hai, technical manager of Hai Nguyen Co.

 

Total profits are expected to increase 120 percent in one year, with profits overlapping that of black tiger shrimp by four times.

 

Bac Lieu province authority is conducting a pilot project to breed the shrimp on 1,700 hectares under the government's policy, but many breeders have expanded their farms beyond the permitted area of 10 hectares.

 

About 31 families in Dam Doi District were applying for permission to expand their vannamei shrimp breeding, said the Ca Mau Seafood Department.

 

In Bac Lieu province, where vannamei shrimp pilot projects are limited to only 30 hectares, farmers have expanded their ponds to more than 1,500 hectares, especially those in Hoa Binh, Dong Hai and Gia Rai districts.

 

Bac Lieu plans to develop 11,000 hectares of vannamei shrimp to 2010, requiring up to VND 6 trillion (US$357 million) for investment in quality breeders, irrigation and breeding techniques,

 

Bac Lieu Province plans to develop 11,000ha of whiteleg shrimp to 2010, requiring up to VND6 trillion ($357 million) for investment in quality breeders, irrigation and breeding techniques, according to the provincial Department of Agriculture and Rural Development.

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