Dong Thap province, already the largest tra fish producer in the Mekong Delta, has further increased the breeding area this year because of the high prices the fish is fetching.
The Ministry of Agriculture and Rural Development has approved a three-tier cooperation plan for production of high-quality tra fish breeds in the Mekong Delta from now to 2025.
The Vietnamese Ministry of Agriculture and Rural Development (MARD) will urge the US to promptly conduct a field study of Vietnam’s tra fish market, said an official.
Vietnam’s tra fish exports face an array of difficulties and challenges on the path to achieving this year’s export revenue target of more than US$2 billion, including high anti-dumping duties, technical barriers and unhealthy competition.
The export of aquatic products in March was estimated at US$608 million, bringing the total shipment in the first three months to US$1.7 billion, up 11.5% annually, according to the Ministry of Agriculture and Rural Development.
The Mekong Delta province of An Giang has expanded breading areas for material tra fish (pangasius) due to increasing export demand since the start of the year, said Chief of the Office of the provincial Department of Agriculture and Rural Development Tran Dac Mau.
After successfully tapping the Chinese market last year, the Vietnam Association of Seafood Exporters and Producers (VASEP) has forecast China will remain the biggest importer of Vietnamese tra fish this year.
Vietnam’s seafood export turnover hit US$1.11 billion in the first two months of 2018, posting a year-on-year increase of 29.5%.
Tra fish exports to the UK were worth US$45.7 million last year, an increase of 2.5% over the previous year, according to the Vietnam Association of Seafood Exporters and Producers.
Fishery export value amounted to 560 million USD in the first month of 2018, up 15.6 percent from the same period last year.
The price of tra fish in the Cuu Long (Mekong) Delta has risen to its highest price over the last 20 years, leading to high profits for local farmers.
Aquaculture output in the first 11 months of 2017 totalled more than 3.5 million tonnes, up 8% from the same time last year, as estimated by the Ministry of Agriculture and Rural Development.
Vietnam’s tra fish exports to Spain see no sign of recovery following inaccurate news broadcast by Spanish media early this year, the Vietnam Association of Seafood Producers and Exporters (VASEP) has said.
Export value of aquatic products is estimated at US$728 million in November, bringing the 11-month value to US$7.57 billion, up 18.3% annually, according to the Ministry of Agriculture and Rural Development.
The export of tra (catfish) is still facing difficulties although exports for January-September hit US$1.3 billion, up 5.8% over the same period last year, said the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s aquaculture, fishery industry and seafood are on display at the seventh International Exhibition of Fishing and Aquaculture (SIPA 2017) which is underway in Oran, Algeria from November 9-12.
VOV.VN - Experts have emphasized the need to implement a project to produce high quality tra fish breeds for the Mekong Delta region, which will bring high economic efficiency, improve product quality and develop a national brand to boost the sustainable development of tra fish industry.
The Vietnamese tra fish (pangasius) and seafood fair is scheduled to take place at the Hanoi-based Agricultural Exhibition Centre from October 6-8.
Vietnam will not see high year-end growth in exports of tra fish and shrimp to US by this year because trade barriers have reduced their value, according to the national seafood association.
Domestic price of tra fish (pangasius) is rising due to increasing demand for exports at year’s end while supply source is limited, according to the Ministry of Agriculture and Rural Development.