Vietnam: Low cost and consumption, price pressure and also also increased production costs creates difficulty for aquaculture farmers

Published 2021년 4월 8일

Tridge summary

Aquaculture farmers in Thai Binh province, Vietnam, are facing challenges due to the Covid-19 epidemic. The farmers are experiencing low prices for their produce, high production costs, and difficulty in consumption. These challenges have led to significant financial losses for the farmers. Despite the high economic efficiency of cage farming, the farmers are struggling to break even. The situation is worsened by the fact that they have large quantities of fish ready for sale but no market for consumption.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Low cost, price pressure, difficulty in consumption, increased production costs ... are the difficulties that the aquaculture farmers (aquaculture) in Thai Binh province are suffering due to the effects of the Covid-19 epidemic. Raising fish in cages on the river has brought about high economic efficiency for many people in the province in recent years, but due to the influence of the Covid-19 epidemic, people face many difficulties, especially the cost. low and difficult to consume. Sticking with cage farming for nearly 10 years, the family of Mr. Nguyen Dinh Chieu in Vu Doai commune (Vu Thu district, Thai Binh province) has never fallen into a "double loss" as today. Mr. Chieu said: My family regularly raises 30 cages of fish with specialties such as rice flakes, carp, red snapper. At a time when the market is stable, I invest in each cage from stocking to harvest, which can reach 17 tons of commercial fish with an average weight of 2 - 5kg / fish. Previously, traders bought all ...
Source: Danviet

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