In 2014, provinces in the Mekong Delta target to raise aquaculture area to 800,000 hectares, up 5,000 hectares year-on-year. Accordingly, local fish production is expected to hit 2.4 million tonnes, up over 400,000 tonnes.

The locality will use the area of 690,000 hectares to farm high economic value species such as black tiger shrimp, giant freshwater prawn and pangasius and other brackishwater and freshwater species.  Processing factories are encouraged to sign contracts with farmers for fish purchasing. Pangasius production of the region is expected to reach 1.2 million tonnes in the total area of 5,500 – 6,000 hectares.

In 2013, the Delta reaped 2.2 million tonnes of fish production on the area of 795,000 hectares. The figures made up 92.5% in fish production and 89% farming area over 2012. Its fish output included 541,000 tonnes of shrimp on the area of 650,000 hectares and over 1 million tonnes of pangasius on the area of 5,000 hectares.

Michael Boddington from Asian Agribusiness Consulting (AAC) has been involved in agribusiness in Asia since 2000. AAC has office both in Vietnam Ho Chi Minh City and China Beijing. So AAC has a thorough understanding of the Viet Nam and China aqua industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email  michael@boddingtonconsulting.com

 http://www.seafood.vasep.com.vn/Daily-News/51_8955/Mekong-Delta-plans-to-produce-more-400000-MT-of-fish-in-2014.htm