Tuesday, December 6 2016

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Lobster breeding project aims to grow market in central VN

Update: April, 30/2016 - 09:00
Farmers catch lobsters in Sông Cầu Town of the central Phú Yên Province. The Agriculture and Rural Development Ministry plans to make lobster breeding a key economic sector of Việt Nam’s central coastal provinces. - VNA/VNS Photo Phương Hoa
Viet Nam News

HÀ NỘI – The Ministry of Agriculture and Rural Development (MARD) aims to make lobster breeding a key economic sector of the central coastal provinces in Việt Nam.

A MARD-approved project on lobster breeding to year 2020 with a vision to 2030 set the goal.

By the year 2020, the country aims to have a total volume one million cubic metres of water surface for breeding lobsters. The yield is estimated about more than 1,900 tonnes per year, bringing a turnover of VNĐ3.2 trillion (US$145.4 million) yearly.

The volume of breeding cages is expected to increase to 1.41 million cubic metres by 2030 with annual output of 2,200 tonnes and economic value of VNĐ4.3 trillion ($195.4 million).

The project also targets producing one million baby lobsters a year to ensure sufficient supply of commercially raised lobsters.

“Advanced and environment-friendly technology will be used to breed lobsters in the central provinces”, said MARD deputy minister Vũ Văn Tám.

“Developing lobster breeding as an important economic sector will help to raise the locals’ incomes as well as develop the marine economy”, he said.

In the first phase (2016-2020) of the project, the breeders will raise lobsters in cages in bays and coastal areas. -- VNS

        

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