The central province of Binh Dinh will prioritise advancing the local shrimp business in a sustainable manner as part of its plans to overhaul the local fishery sector by 2020.
Hi-tech shrimp farming in Binh Dinh province (Photo: VNA)
Binh Dinh (VNA) – The central province of Binh Dinh will prioritise advancing the local shr🗹imﷺp business in a sustainable manner as part of its plans to overhaul the local fishery sector by 2020.
The province houses a number of high-tech shrimp farming projects.
These include a 300-hectare greenhouse built in My Thanh commune, Phu My district at a cost of over 1 trillion VND (45 million USD).
Meanwhile seven farming areas in Cat Hai commune, Phu Cat district have applied biofloc technology since 2013.
In 2015, each area yielded 18 tonnes of shrimp products valued at 15.4 billion VND (693,000 USD) in revenue.
Biofloc technology is a technique of enhancing water quality in aquaculture by balancing carbon and nitrogen in the system.
The technology is considered a sustainable method, that gives a high level of bio-security and low feed conversion ratios.
The Vietnam Association of Seafood Exporters and Producers (VASEP) forecasts that shrimp exports will reach 3.3 billion USD in 2016, up 12 percent from 2015.-VNA
The cumulative export turnover of the agro-forestry-fisheries products reached 140.6 billion USD from 2011 to 2015, with an average annual growth rate of 9 percent.
Profitable shrimp farming produced a rapid transformation in the quality of life for people in Mekong Delta, but the unplanned expansion in production has also had negative effects on the environment
Vietnam’s shrimp exports to the US in 2016 will rise thanks to positive results from the ninth administrative review (POR9) for anti-dumping duties on Vietnamese frozen shrimp and TPP signing.
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