Vietnam has rolled out a plan to significantly increase its aquaculture production.
Under the plan, by 2025, Vietnam hopes to produce 5.6 million metric tons (MT) of farmed seafood per year – up 16.7 percent from the 4.8 million MT the country produced in 2021.
By 2025, the country said it will be able to produce more than half of its demand for black tiger shrimp broodstock, more than 25 percent of its demand for vannamei broodstock, and more than 70 percent of its demand for pangasius broodstock.
The plan targets raising the country’s aquaculture output to 7 million MT per year by 2030, which estimates will bring in about USD 12 billion (EUR 12 billion) per year of export value, up from the expected value of USD 7.8 billion (EUR 7.8 billion) per year in 2025…