Vietnam earned USD 6 billion from seafood exports this year, representing a yearly rise of 20 percent, exceeding its target of USD 5.7 billion, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
The country’s total seafood output reached 5.2 million tons, up 1.4 percent over last year while the total aquaculture area increased by 2.5 percent to 1,093 hectares, surging 2.5 percent year-on-year, the association said.
“2011 is the first year we implemented the seafood development strategy from now to 2020. Thus, this year’s impressive export result shows the prospects for our fishery industry,” Deputy Minister of Agriculture and Rural Development cum head of the General Department of Fisheries Vu Van Tam said.
The seafood industry would likely farm and catch 5.35 million tons of products, and earn USD 6.5 billion in exports in 2012, the ministry said, attributing the prediction to the growing demand for seafood products in the global market and slumping fishery supplies of some other exporters.
Click here to read the full story from the Vietnam News Agency >
