Prime Minister Nguyen Xuan Phuc (second, right) visits a booth of a company displaying shrimp products on the sidelines of the conference (Photo: VNA) Ca Mau (VNA) – Prime Minister Nguyen Xuan Phuc asked theshrimp industry to strive for an export value of 10 billion USD by 2025 during aconference on shrimp production held in the southernmost province of Ca Mau onFebruary 6.
Vietnam has become the world’s third largest shrimp exporter and theworld’s leading exporter of giant tiger prawn, heard participants.
Shrimp export accounted for nearly 50 percent of the total seafoodexport with the highest value of nearly 4 billion USD achieved in 2014.
Giant tiger prawn and white-legged shrimp - brackish water species - arebeing farmed in 30 provinces and cities and have been key export products. Thecentral provinces of Ninh Thuan, Binh Thuan, Khanh Hoa and southwesternprovinces like Ca Mau and Bac Lieu are main shrimp producers. Ca Mau has thelargest shrimp breeding areas.
According to Minister of Agriculture and Rural Development (MARD) NguyenXuan Cuong, shrimp, with its high value, has been chosen as one of important productsfor restructuring the seafood in particular and agriculture in general.
Speaking at the conference, Deputy Prime Minister Trinh Dinh Dung saidthat Vietnam’s shrimp industry still has a lot of room for more development,not only because the world’s demand is large but also because the area suitablefor farming shrimp in Vietnam is very large, particularly the Mekong Delta.
The Deputy PM recommended the MARD to review relevant institutions torevise and support the shrimp industry and work with localities to makeplanning based on the global demand and the restructuring of the agriculturalsector and scenario responding to climate change.
PM Phuc said the shrimp industry should work to account for 10 percent of thecountry’s GDP.
He asked the State Bank of Vietnam to instructcommercial banks to provide sufficient capital for the industry, especially forhigh-tech breeding.
He also reminded the industry insiders to diversify export markets to avoid risksstemming from heavy reliance on a single market.
He assured that the Government will stand side by side with businesses toprotect their legitimate rights and benefits in price-dumping lawsuits, butwill give severe punishments to violations damaging the prestige of Vietnameseshrimps.
He assigned the Ministry of Agriculture and Rural Development to quickly designan action programme for the shrimp industry’s development.-VNA
VNA
