Vietnam can boost shrimp production, processing: experts

Source: Xinhua| 2018-08-24 23:37:29|Editor: Mu Xuequan
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HO CHI MINH CITY, Aug. 24 (Xinhua) -- Due to favorable weather, Vietnam can raise shrimps and prawns all year round to increase outputs, while the country has great processing potential, Vietnam News Agency quoted experts as reporting on Friday.

Ho Quang Luc, former Chairman of the Vietnam Association of Seafood Exporters and Producers, noted that Vietnam has a large area of 700,000 hectares for shrimp farming, and nearly 100 shrimp processing factories, generating about 500,000 tons of products every year.

However, shrimp farmers still face poor infrastructure, low-quality shrimp breeders and high farming costs. "It is necessary to have a detailed farming plan, adequate investment in infrastructure, a national parent-shrimp production program, and strict control of the shrimp supply system," he recommended.

Hoang Tung, an expert at the Commonwealth Scientific and Industrial Research Organization in Australia, said the government should place emphasis on higher-quality inputs, improvement of farming and harvesting, and innovative business models. This would ensure higher productivity, lower production costs and increased domestic consumption, he said.

Tung hoped that the Lower Mekong Initiative, which aims to transform the livelihoods of 10,000 local households via more sustainable shrimp farming between 2019 and 2029, will be carried out efficiently.

Vietnam reaped 4.7 billion U.S. dollars from exporting seafood in the first seven months of this year, posting a year-on-year increase of 8.1 percent, according to the association.

Last year, Vietnam earned over 3.8 billion U.S. dollars from exporting prawns and shrimps, up 21.5 percent; nearly 1.8 billion U.S. dollars from tra fish, up 3.9 percent; 721 million U.S. dollars from mollusks such as cuttlefish and octopus, up 17 percent; 593 million U.S. dollars from tuna, up 16.4 percent; 117 million U.S. dollars from crabs, down 5.9 percent; and 1.3 billion U.S. dollars from other kinds of fish, up 17 percent.