Fishery sector seizes opportunities to boost exports
Despite facing an array of difficulties in export markets and particularly challenges in removing the European Commission (EC)’s “yellow card” warning against illegal, unreported and unregulated (IUU) fishing, the domestic fishery sector has worked out measures to make use of export opportunities.
In 2020, the fishery sector hopes to gross about 10 billion USD from exporting aquatic products, a year-on-year increase of 6.3 percent. (Photo: VNA)
Hanoi (VNA) – Despite facing anarray of difficulties in export markets and particularly challenges in removingthe European Commission (EC)’s “yellow card” warning against illegal,unreported and unregulated (IUU) fishing, the domestic fishery sector hasworked out measures to make use of export opportunities.
From early March to September 2019, the pricesof brackish water shrimp declined due to competitive materials from India andEcuador and the inventory output from 2018, as well as China’s stricter controlof quality and traceability at border, and unpredictable developments of theUS-China trade war.
Given that situation, the Directorate ofFisheries under the Ministry of Agriculture and Rural Development promptlyevaluated the market development to orient production and implement chainedconnection to reduce risks for export shrimp products.
As a result, the breeding area for brackishwater shrimp in 2019 was estimated at 720,000 hectares, and the output reached750,000 tonnes.
For tra fish products, the directorate directedlocalities to carry out some measures to maintain growth in 2019, andcoordinated with relevant agencies to increase inspection on processing andexport conditions.
The total tra fish farming area in 2019 isestimated to reach 6,600 hectares, up 22.2 percent against the same period lastyear, and the output is expected to hit 1.42 million tonnes. The exportturnover is hoped to stand at 1.9 billion USD.
Deputy Minister of Agriculture and RuralDevelopment Phung Duc Tien said the fishery sector needs to address someshortcomings in the coming time such as fishing port infrastructure, processingfacilities, and logistics services.
The total fishery output in 2019 is projected toreach 8.15 million tonnes, a year-on-year rise of 4.9 percent. The exportturnover is estimated at 8.6 billion USD.
In 2020, the sector hopes to gross about 10billion USD from exporting aquatic products, a year-on-year increase of 6.3percent./.
Vietnam pocketed about 2.39 billion USD from agro-forestry-fishery exports in September, according to the Ministry of Agriculture and Rural Development.
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In 2020, the fishery sector hopes to gross about 10 billion USD from exporting aquatic products, a year-on-year increase of 6.3 percent. (Photo: VNA) 
