3:26:23 PM | 7/8/2005
With a 125km coastline,
With the above-mentioned advantages, the operating activities of the seafood and related industries of
The fishing industry has been upgraded both in infrastructure and production facilities to meet modern requirements. There have been 13 new fishing co-operatives, six joint stock companies and more than 200 private enterprises established with total registered capital of VND240 billion (US$15.3 million). Infrastructure such as fishing ports, fishing logistic areas in Bach Long Vi, Ngoc Hai (of Do Son), and Cat Ba have been invested in. The living standard of most inhabitants here has remarkably improved.
The city's twelfth Communist Party committee resolution has stated clearly: "Seafood industries should be strongly developed, in which fish breeding, deep sea fishing, processing and other logistical services should be focus areas.
By the year 2010, Haiphong's seafood industry targets an output of 120,000 tonnes, 2.5 times more than that of 2001; the export value is projected to reach about US$160 -180 million, 2.8 - 3.3 times higher than that of 2001. The production value growth rate will stand at about 13 - 15 per cent per year. By 2010, the seafood industry should account for 5.75 per cent of the city’s GDP.
In order to reach these objectives, Haiphong’s seafood industry must continue to focus on detailed planning, so that there will be distinct areas for fisheries establishments and modern shrimp raising areas with high productivity, which will help the development of related processing industries and increase the living standards of local people.