Vietnam’s fishery exports aim to be among world’s top three by 2045

Sunday, 2021-03-14 15:40:53
 Font Size:     |        Print
 

Vietnam is striving to achieve total fishery output of 9.8 million tonnes and export revenue of US$14-US$16 billion per year. (Illustrative image)
 Font Size:     |  

NDO – Vietnam has set the target of becoming one of the world’s three leading fishery exporting countries by 2045, according to the Vietnam’s Fishery Development Strategy until 2030, with a vision to 2045, as recently approved by the Prime Minister.

Under the Strategy, fishery production value is expected to grow by 3-4% per year by 2030. Vietnam is also striving to achieve total fishery output of 9.8 million tonnes and export revenue of US$14-US$16 billion per year.

The sector is anticipated to create jobs for more than 3.5 million people with average income equivalent to that of workers in other sectors.

Vietnam also aims to develop coastal fishing villages into communities imbued with their own cultural identity aligned with building new-style rural areas.

By 2045, the fishery sector is expected to become a modern and sustainable commercial economy with advanced management and technology capacity which will hold an important role in the national agricultural and marine economy.

Vietnam will look towards appropriate allocation of fishing quotas while reducing and eventually terminating fishing professions that invade or cause destruction to aquatic resources.