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VietNamNews

Shrimps make economic splash

Update: November, 15/2014 - 09:00
In the first nine months, the export of shrimps earned the country US$2.93 billion, a 17.2 per cent rise compared to the same period last year.— Photo nongnghiep

BEN TRE (VNS) — Raising shrimps in brackish water is an industry that has grown at a record pace this year, according to a report by the Ministry of Agriculture and Rural Development. (Shrimps, like prawns, are also raised in fresh water or caught in the sea).

A total of 685,000ha of farmland throughout the country has produced a total of 660,000 tonnes of shrimps so far this year, up 4.4 per cent in terms of area and 20.4 per cent in production.

In the first nine months, the export of shrimps earned the country US$2.93 billion, a 17.2 per cent rise compared to the same period last year.

Despite the positive developments, the industry is facing a number of problems, including unstable market prices and seasonal diseases.

Minister of Agriculture and Rural Development Cao Duc Phat has reminded agencies to keep farmers supplied with updated market information and expand shrimp cultivation.

He also noted that there was a need to continue expanding the market, especially in the United States and Japan.

Next year, the industry aims to expand the farming area to 700,000ha and produce 700,000 tonnes. — VNS

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