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301 bln VND needed for aquaculture sector in 2013

As much as 301 billion VND (about 14 million USD) will be needed to further propel the development of Vietnam ’s aquaculture sector in 2013.
As much as 301 billion VND (about 14 million USD) will be needed tofurther propel the development of Vietnam ’s aquaculture sector in2013.

The General Department of Fisheries underthe Ministry of Agriculture and Rural Development announced the amountat its year-end meeting in Hanoi on December 25.

In 2013, the sector will step up inspection of inputs for production,multiply the model of fishing teams, modernise the fleet and encourageprivate enterprises to participate in breeding, said Deputy Minister cumHead of the Department Vu Van Tam.

Tam underscoredthat the sector’s key task in 2013 is to continue its sustainabledevelopment with more value-added products and restructuring itsproduction with focus placed on items of the highest competitiveness.

The sector also set out other goals such as increasing aquaculture area and output and seafood catch.

In 2012, the total output of aquatic products reached an estimated5,876,000 tonnes, up 8.8 percent compared with the set goal. Exportsbrought home 6.12 billion USD, representing 94.2 percent in comparisonwith the set plan and equivalent to the 2011’s figure./.VNA

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