Vietnam: Many kinds of farmed fish increased sharply

Mr. Lam, a household specializing in raising red tilapia in An Giang, said that from the end of April until now, the price of commercial red tilapia has continuously gone up. Accordingly, traders buy this type at the pond at the rate of 40,000-48,000 per kg, an increase of 7,000-10,000 VND (about 33%) compared to the same period last year. "At this price, I make a profit of about 5,000 VND per kilogram after deducting costs," Lam said. Similarly, the price of herring, snakehead, and howling at farming facilities also increased by 20%, to 38,000-70,000 VND per kg, respectively. Selling prices at farming households increased, causing retail fish to escalate. A survey at Ho Chi Minh City's markets showed that the prices of farmed fish such as persimmon, cobia, snakehead, and howling all increased sharply in the past week. At Ba Chieu market (Binh Thanh), Xom Moi (Go Vap), Tan Dinh (district 1), the price of many types of farmed fish increased by 10,000-15,000 VND per kg compared to ...