Sea fish output set to hit 260,000 tonnes by 2020
The Ministry of Agriculture and Rural Development (MARD) has approved a plan for developing breeding sea fish through 2015, with orientations for 2020.
Under the plan, the output of sea fish raised in salt water and shrimp ponds is expected to reach 61,000 tonnes by 2015 and 98,000 tonnes by 2020.
Sea fish raised in small cages is estimated to hit 44,000 tonnes by 2015 and 51,000 tonnes by 2020, while the output using industrial farming methods will be 55,000 tonnes by 2015 and 111,000 tonnes by 2020.
As a result, the total output of sea fish will hit 160,000 tonnes by 2015, equivalent to US$ 1.04 billion in value, and nearly 260,000 tonnes by 2020, valued at US$1.8 billion. – VOV