Deputy Minister of Agriculture and Rural Development – Vu Van Tam told the media that by 2020, the production of farmed seafood is expected to reach 4-5 million tons, up from 2,5 million tons currently while maintaining farming area of 1.1 million has now focus on improving the capacity, quality, and efficiency in sustainable development direction.
MARD states that as per development direction by 2020 it will pay attention to developing some key farmed objects with prosperous market and competitive advantages and diversifying farmed objects but complying with the planning; considering market signs as commands and enterprises as shock troops.
VASEP advised the farmed food producers to look for and orient the market; be the organizer in the central position linking with farmers to form production chain from breeding ponds to markets in order to success as pangasius. It is fact that farmed seafood accounts for over 50 percent of Vietnam’s exported seafood output; in which, pangasius and shrimp represent mostly. However, these 2 products are facing obstacles and barriers from imported markets which require Vietnamese exporters to diversify farmed seafood species in order to strengthen export and mitigate risks.