A national programme has been approved to develop effective and sustainable aquaculture while proactively adapting to climate change
Under the programme, which was approved by Prime Minister, Phạm Minh Chính, and runs until 2030, Vietnam aims to improve productivity, quality, value and competitiveness of aquatic products and meet the requirements of domestic and export markets.
By 2030, aquaculture production is expected to reach seven million tonnes with export revenue of US$12bn per year, while the growth rate of aquaculture value is expected to reach an average of 4.5% a year.
In the next eight years, more than 50 aquaculture areas and concentrated seed production zones will receive investment while essential infrastructure will be upgraded to meet production requirements.
Currently, the Ministry of Agriculture and Rural Development is developing a decree on a number of policies on fisheries development, implementing mechanisms and policies on infrastructure investment in seed production and aquaculture development. The central budget will invest 100% of funds to build essential infrastructure in concentrated aquaculture areas, marine aquaculture areas, and concentrated aquatic seed production areas for marine aquaculture.
To date, the marine farming area has reached about nine million sq m in cages, while aquaculture production has reached 5.19 million tonnes, an increase of 7% compared to 2021 and also an all-time record high.