Aquaculture output picks up 6 percent in four months
Aquaculture output in the first four months of the year hit 1 million tonnes, up 6 percent from the same time last year, according to the Directorate of Fisheries under the Ministry of Agriculture and Rural Development (MARD).
Aquaculture output in the first four months of the year hit 1 million tonnes. (Photo: VNA)
Hanoi (VNA) – Aquaculture output in the first four months of the yearhit 1 million tonnes, up 6 percent from the same time last year, according tothe Directorate of Fisheries under the Ministry of Agriculture and RuralDevelopment (MARD).
In the period, the Mekong Delta region harvested some 373,000 tonnes of trafish, a year-on-year surge of 8 percent.
With tra fish fetching high prices, local farmers have rushed to dig ponds andbreed more fish, leading to the scarcity of fish fry and increase in theirprices.
In a stark contrast, farmers have been rushing off their feet to harvest shrimpfor fear of price drop. Each kilogramme of white-leg shrimp is being sold at110,000-120,000 VND (4.84- 5.28 USD), decreasing 10,000-20,000 VND (0.44-0.88USD) per kg from the previous month.
The country earned some2.4 billion USD from exporting aquatic products in the first four months of2018, representing a year-on-year rise of 13 percent.
In April alone, the country raked in 650 million USD from the export of aquaticproducts.
The US, Japan, China and the Republic of Korea were the biggest importers inJanuary-March, making up 52 percent of the Southeast Asian country’s totalaquatic product exports. The highest growth was reported in the Netherlands(55.7 percent), China (44.6 percent) and the UK (33.8 percent).
In the four-month period, Vietnam imported 536 million USD worth of aquaticproducts, up 27.4 percent against the same period last year. Of the figure, 130million worth of aquatic products were imported in April.
Aquatic product exports in 2018 are expected to exceed 8.5 billion USD, upabout 3 percent compared to 2017, though Vietnam's exports to the US and EUmarkets will continue to be affected by catfish inspection, anti-dumping andillegal, unreported and unregulated fishing (IUU), according to the VASEP.-VNA
Vietnam’s tra fish exporters can still access the US market despite the US Department of Commerce (DOC)’s imposition of high anti-dumping duties on Vietnamese tra fish, said Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP) Truong Dinh Hoe.
Promoting Vietnamese seafood exports to China was the main focus of a workshop held by the Vietnam Pangasius Association (VPA) and China’s Yuexi fisheries association in the Mekong Delta city of Can Tho on April 18.
Total import-export revenue in the first four months of 2018 is estimated at 144.13 billion USD, up 14.4 percent year on year, according to the General Department of Vietnam Customs.
Exports of agro-forestry-fishery products in the first four months of the years were estimated at 12.3 billion USD, a year-on-year surge of 11.9 percent, according to the Ministry of Agriculture and Rural Development.
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Aquaculture output in the first four months of the year hit 1 million tonnes. (Photo: VNA) 
