Vietnamese salmon and sturgeon find a way in the new competition

Published 2020년 11월 10일

Tridge summary

Vietnam has seen a significant increase in cold water fish farming, with production rising from 95 tons in 2007 to 3,720 tons in 2020 across 25 provinces, particularly in the Northern and Central Highlands. The country is now among the top 10 sturgeon producers globally. Despite the challenges of COVID-19, there is a growing demand for domestic salmon and sturgeon products, largely consumed in major cities. However, Vietnam still relies heavily on imports to meet this demand, with over half of the market requiring imported salmon and sturgeon. Local production struggles to compete with imported prices, and the absence of a strategic plan for cold water fish farming since 2017 has led to production management issues and difficulties in planning and building for businesses.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the Directorate of Fisheries (Ministry of Agriculture and Rural Development), at present, there are 25 provinces developing cold-water fish farming, the largest fish production is in the Northern and Central Highlands provinces, typically Lam Dong, Laos. Cai, Son La, Lai Chau ... The production of cold water fish farming from 95 tons in 2007 to 2020 is estimated at 3,720 tons. Cold water fish are considered by many localities as one of the important culturing species, contributing to exploiting the potential of cold water bodies. The development over the past years has put Vietnam in the group of 10 countries with the largest sturgeon production in the world, namely China, Russia, Italy, Bulgaria, Iran, the US, France, Vietnam, Poland and Germany. Increasing demand for consumption Mr. Tran Dinh Luan - Director General of the Directorate of Fisheries (Ministry of Agriculture and Rural Development) said: Currently, Vietnam's cold water fish products are mainly consumed ...

Source: CafeF