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Aquaculture

The capital for building the centres will come partly from state budget and the others from enterprises’ contribution. (Image source: Vivek Chugh/sxc.hu)

Vietnam has approved the project of setting up six fisheries logistic service centres based on key fishing grounds in the country

Major industry participants are involved in new product launches and collaborations to penetrate in untapped markets of Asia and Latin America. (Image source: Chris Waits/Flickr)

The global market for aquafeed is expected to reach US$133.1bn by 2020, according to a new study, with growth particularly high in countries such as China and Vietnam due to increasing awareness on increasing yield and high efficiency

For the fisheries sector, the trade agreement will diversify export markets by eliminating prohibitive tariffs on fish and seafood entering South Korea from Canada. (Image source: Namineni Srinivas/sxc.hu)

South Korea and Canada have recently signed agreement for a bilateral free trade that will help boost aquaculture trade between the two countries, among other investment ties

Pharmaq was first engaged in the development of fish vaccines for Vietnam in 2006. (Image source: Pharmaq)

Norwegian firm Pharmaq has signed a deal with Vietnamese government to develop vaccines for several different farmed fish species in the country

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