The Government needs an estimated 57.4 trillion VND (2.9 billion USD) to
implement the strategy, according to Decision 1690/QD-TTg.
Under the plan, the fishing industry will be industrialised and
developed to increase output, improve quality, and enhance the
competitiveness.
The plan aims to improve
fishermen's living standards, protect the country's environment and
secure the country's coastline.
This strategy aims
to increase production by 8-10 percent per year and to export 6.5-7
million tonnes of seafood worth 8-9 billion USD by 2020.
Vietnam will focus on developing freshwater fish, molluscs, sea fish,
shrimp and crab sectors in the Red River Delta. The country will also
work to improve the tra fish and shrimp sectors in the East Sea and the
southern region so that the products are congruent with Global GAP
standards. Plants will also be built in central Vietnam to produce feed
that will sell domestically and in ASEAN.
The country will cooperate with ASEAN countries to develop the fishing industry, according to the strategy.
Vietnam expects to earn 4.5 billion USD in seafood exports this year.
The country earned 2.9 billion USD from seafood exports during the first
eight months of the year./.
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