Vietnam: Finding the chainlink for ocean tuna

Published 2022년 2월 14일

Tridge summary

Tuna production in Vietnam has seen a decline due to reduced output and cheap prices, with tuna fishing boats bringing in significantly less catch in recent years. The cost of fishing and raw materials has risen, while tuna prices have remained stagnant. The Vietnam Association of Seafood Exporters and Producers reports a growth in tuna exports in the US and Western markets, with an export value of over 759 million USD in 2021. However, the industry faces challenges such as overfishing, advancements in fishing vessels, and the need for advancements in the value chain. Traditional fishing methods in Phu Yen and Nghe An provinces result in lower quality products and cheap prices. Both provinces are looking to collaborate with Japanese enterprises to improve quality and establish tuna auctions.

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

Original content

Cheap price, reduced output At the end of 2021 and the beginning of 2022, at major fishing ports in Binh Dinh, Phu Yen are busy with tuna fishing trips to shore. However, according to anglers, fish production is declining. At Tam Quan Bac estuary (Hoai Nhon town, Binh Dinh) 3 years ago, tuna fishing boats easily harvested 2.5-4 tons/trip from 15-20 days, earning an average profit of 200- 300 million dong. However, in recent years, output loss has been reduced to only 300-400kg/trip. Tam Quan Bac ocean tuna fishing fleet from 1,000 ships is decreasing, some are lying ashore or changing jobs. Fisherman Huynh Thien (44 years old, Thien Chanh 2 village, Tam Quan Bac commune), the owner of the tuna fishing boat number BD 97812 TS (850CV), said that tuna production is gradually decreasing, and the fishing ground is also low. narrowed, fishing boats fell into difficulties due to the large fishing frequency of fishermen, massively developed ships, and many fishing occupations with ...

Source: Sggp