Vietnam will set aside an annual average budget of nearly US$200 million (UK£124.276 million) in the next 10 years for a master plan to develop the country’s fish farming industry. The master plan, just approved by Prime Minister Nguyen Tan Dung, is envisioned raising the fish farming industry’s output to 4.5 million tons a year for local sale and export.
In the first five years, the output is projected to climb to 3.6 million tons, and exports to amount to US$3.5-4 billion (UK£124-2.486 billion). The respective figures in the following five years will rise to 4.5 million tons and US$5-5.5 billion (UK£3.107-3.418 billion).
Tra fish and shrimp will continue to be the industry’s key export earners. Tra output is forecast in the master plan to grow at an annual rate of 4.8 percent to reach 1.5 million or 2 million tons by 2020. Respective projections for shrimp will be 5.7 percent and 700,000 tons. Read more ...
This blog is written by Martin Little The Aquaculturists, published and supported by the International Aquafeed Magazine from Perendale Publishers.
In the first five years, the output is projected to climb to 3.6 million tons, and exports to amount to US$3.5-4 billion (UK£124-2.486 billion). The respective figures in the following five years will rise to 4.5 million tons and US$5-5.5 billion (UK£3.107-3.418 billion).
Tra fish and shrimp will continue to be the industry’s key export earners. Tra output is forecast in the master plan to grow at an annual rate of 4.8 percent to reach 1.5 million or 2 million tons by 2020. Respective projections for shrimp will be 5.7 percent and 700,000 tons. Read more ...
This blog is written by Martin Little The Aquaculturists, published and supported by the International Aquafeed Magazine from Perendale Publishers.
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