Plan to develop tra catfish industry in Mekong Delta
17:34' 11/11/2008 (GMT+7)

VietNamNet Bridge - The Ministry of Agriculture and Rural Development (MARD) has passed a plan on development of production and sales of tra catfish in the Mekong Delta until 2010, with further orientations towards 2020.

The breeding of tra fish will be developed in favourable water areas such as the Tien and Hau rivers. Water and land areas will be also zoned off for the production of fries and for fish processing factories in Can Tho city and An Giang, Dong Thap, Vinh Long, Hau Giang, Soc Trang, Tien Giang, Ben Tre and Tra Vinh provinces.

The plan aims at increasing the tra catfish farming acreage in the Mekong Delta to 8,600 ha by 2010, and 13,000 ha by 2020 for an annual output of 1.25 million tonnes and 1.85 million tonnes, respectively.

The region’s exports of tra catfish are estimated to increase by an average of 5.9 percent per year, fetching about 1.5 billion USD by 2010 and 2.3 billion USD by 2020.

This increase in fish production and processing will also generate more jobs for local workers, with the number of workers involved in this sector estimated to increase from 200,000 in 2010 to 250,000 in 2020.

According to the MARD, tra and basa catfish have become Vietnam ’s key seafood export staples, with growth rates of 77 percent in volume and 52 percent in value compared to the same period last year. Export turnover exceeded 1 billion USD for the first nine months of 2008.

Over the past nine months, Russia has emerged as the largest market for Vietnam ’s tra and basa catfish, with an import value of 155.6 million USD, representing a year-on-year increase of 188 percent. It was followed by Ukraine , with 104.7 million USD, a year-on-year increase of 255 percent.

Vietnam ’s tra catfish is currently exported to 107 countries and territories. The country is actively diversifying its seafood markets, considering it an important measure to ensure a firm foothold for Vietnamese tra catfish in the global market.

To ensure continued growth in exports of tra catfish, businesses should agree on export prices and ensure high quality of export products, said MARD Deputy Minister Luong Le Phuong.

This year, tra fish exports are expected to exeed 1.5 billion USD.

(Source: VNA) 

Printer - friendly version Send via e-mail Send your feedback
Read on >>
BUSINESS IN BRIEF 11/11 (11/11/2008)
Meat imports hit domestic husbandry sector (11/11/2008)
Trade unions and RoK investors discuss labour issues (11/11/2008)
Steel import tax increase proposed (11/11/2008)
Sale season has come to HCM City (11/11/2008)
VND/US$ exchange rate to hold its course (11/11/2008)
Real estate loans not a worry: SBV (11/11/2008)
Preventing unprofitable businesses from listing? (11/11/2008)
Foreign investors venturing to buy price-decreasing real estate (11/11/2008)
Prices may drop as fuel price cut again (11/11/2008)
Viet Nam auto industry running on fumes (11/11/2008)
Phu Quoc needs infrastructure to exploit investment potential (11/11/2008)
Foreign investors, lower rates buoy market amid rough weather forecast (11/11/2008)
Real estate prices plunging (11/11/2008)
Agriculture production still paralyzed after flood (11/11/2008)