Aquaculture Exports Expected to Exceed US$8 Bln in 2015

5:05:08 PM | 2/3/2015

Aquatic exports in 2015 are expected to increase and reach more than US$8 billion, according to the Viet Nam Association of Seafood Exporters and Producers (VASEP).

In 2014, Viet Nam exported aquatic products to 166 markets, gaining US$7.84 billion, a year-on-year increase of 16.5 percent and exceeding 12 percent compared to the goal set for the year (US$7 billion).

The exports of shrimps witnessed the highest increase, posting the growth rate of 27 percent and accounting for 50.4 percent of the total export turnover.

The shrimp shipment value of US$3.95 billion included US$2.3 billion from white-leg shrimps, up 46 percent and US$1.4 billion from common tiger prawns, up 4 percent.

When Decree No.67/2014/ND-CP dated July 07, 2014, several policies on fishery development took effect, more investments and preferential policies in shipbuilding, insurance and tax have created forces for aquaculture development.

VGP