Financial boost for Vietnamese fisheries
The Vietnamese Government has approved a US $51.6 million bio-technology plan aimed at getting the fisheries sector up to ASEAN standards.
ANNONCER
The Vietnamese Government has approved a US $51.6 million bio-technology plan aimed at getting the fisheries sector up to ASEAN standards.
Mekong Delta is likely to become dead in the future due to the booming aquaculture industry in the country, says a senior official.
Vietnam has two ways for its seafood industry either to re-organise it or import seafood materials to run the processing plants.
Vietnamese processors are facing imminent tra fish shortage as many farmers have given up tra fish farming.
The government of Vietnam is considering helping the grounded fishermen to deal with rising fuel costs.
Inshore fishermen are left high and dry as inshore fishing had gone awry due to the nets being illegally swept up by fishing trawlers.
White-legged shrimps have become important seafood product in Vietnam as it is being exported and helped by the government.
Tra fish price has plunged drastically causing a big worry for breeders in the Mekong River delta and so the industry needs long-term solutions.
The lives of the farmers are on a knife-edge as they failed to find buyers for their fish and thus incurring huge losses.
Catfish farmers in the Mekong Delta have lost hundreds of billions of dong since March due to surging input costs and slumping prices.
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