Vietnam targets 500,000 tonnes of seaweed yield by 2030

ABO/NDO- The Ministry of Agriculture and Rural Development (MARD) has set a target to produce some 500,000 tonnes of seaweed by 2030 as part of the nation’s seafood development strategy. With a view to spurring seaweed cultivation, the ministry will submit a proposal to the Prime Minister to develop seaweed as a major product in the seafood industry. According to General Director of the MARD's Directorate of Fisheries Tran Dinh Luan, Vietnam had some 16,500 hectares of seaweed that yield 150,000 tonnes in 2023. Green caviar and Kappaphycus alvarezii respectively gained farmers some 150-200 million VND (over 6,100 – 8,100 USD), plantation and 60-80 million VND per hectare. The country has more than 887 kinds of natural seaweed with 88 varieties holding economic value that can be grown on a potential area of 900,000 hectares. With the global market growing 10% per year and a green consumption boom, the seaweed sector holds huge potential for further development. Kelp is an amazing ...