What is the current state of Vietnam's aquaculture industry in 2018?


Vietnam is a coastal country, with more than 3,000 kilometers of coastline, has excellent natural conditions for the development of aquaculture, and the aquatic economy has long occupied a certain position in the national economy of Vietnam. In the first half of this year, due to good weather conditions, no large-scale natural disasters and aquatic epidemics, aquaculture and aquaculture production and aquatic products exports are a good harvest.

First, aquatic material production

According to the Ministry of Agriculture and Rural Development of Vietnam reported that the total production of aquatic products in Vietnam in 2016 reached 6.7 million tons, an increase of 25% over 2015. Among them, the natural fishing production was 3.076 million tons, up 3% year-on-year. Marine fishing production was 2.876 million tons, up 2.21% year-on-year. Aquaculture production was 3.65 million tons, an increase of 1.9% year-on-year.In the first half of 2017, Vietnam produced about 3.34 million tons of water. Of which, 1.644 million tons of aquatic fishing, up 4.8% year-on-year, of which marine fishing amounted to 1.559 million tons, up 5% year-on-year. Aquaculture 1.69 million tons, an increase of 6.7% year-on-year. Capture of aquatic products are mainly sardines, Cao Bai fish, snapper, flying fish, ? fish, tuna, sea shrimp, cuttlefish, squid, octopus, etc., while aquaculture is dominated by shrimp and balsa fish. Shrimp aquaculture species to grass shrimp and South American white shrimp, the main aquaculture areas for Jinou, thin? , Shuo Zhuang, Cha Rong and other coastal provinces of the Jiulong River Plain, the first half of the farmed fresh shrimp production of 217,000 tons, up 14.7% year-on-year; Basa fish are mainly farmed in the Jiulong River Plain with the tower, Anjiang, Penang? , Qianjiang, Houjiang, Can Tho and other provinces and cities, the first half of industrial farmed balsa fresh fish production of 583,000 tons, up 0.1% year-on-year. Commodity aquatic raw material prices vary with the season, production, origin and domestic and international market demand. The price of raw shrimp in Vietnam was generally stable in the first half of this year. Taking the thin? Province in June, for example, the purchase and trading price of frozen grass shrimp of 30-40 pieces/kg size was VND180,000-140000/kg, and the purchase and trading price of frozen South American white shrimp of 50-60 pieces/kg size was VND123,000-118000/kg; the purchase and trading price of frozen South American white shrimp of 50-60 pieces/kg size in Soc Trang Province was 134000-124000 VND/kg; tuna fishing in the main provinces of Binh Dinh, Phu Yen and Khanh Hoa. The trading price at fishing ports is 60,000-80,000 VND/kg for single weight less than 30 kg and 92,000-96,000 VND/kg for single weight more than 30 kg.

Second, aquatic processing and import and export

(a) the main export products: Vietnam's aquatic products, in addition to meeting domestic consumer demand, is also an important commodity exported to generate foreign exchange. 2016 Vietnam's aquatic exports totaled $ 7.05 billion, up 7.3% year-on-year. in the first half of 2017, Vietnam's aquatic exports amounted to $ 3.61 billion, an increase of 14.7% over the same period last year. The species with larger export value in order are: shrimp 1.56 billion U.S. dollars, up 15.2% year-on-year, accounting for 43% of the export share; balsa fish 840 million U.S. dollars, up 5.8% year-on-year, accounting for 23% of the export share; marine fish other than tuna 580 million U.S. dollars, up 13.7% year-on-year, accounting for 16% of the export share; soft seafood 320 million U.S. dollars, up 45.4% year-on-year; tuna 270 million U.S. dollars, an increase of 20.6%; crab and crustacean seafood 0.4 billion U.S. dollars, a year-on-year decline of 12.3%.

(B) the main export markets: in the first half of 2017, Vietnam's aquatic products exports to 160 countries and regions, the export value of the larger markets are: the United States 640 million U.S. dollars, Japan 590 million U.S. dollars, the European Union 590 million U.S. dollars, China 520 million U.S. dollars, South Korea 330 million U.S. dollars, ASEAN 270 million U.S. dollars.

(C) the main processing and export enterprises: At present, Vietnam has about 150 aquatic processing and export enterprises, the top 10 enterprises are concentrated in the field of shrimp and balsa fish. In the first half of the year, the top 10 enterprises have a combined export value of $890 million, accounting for a quarter of total aquatic exports. Ranked by export value, these 10 companies are: Hougang Minh Phu Fish Processing Co. HAU GIANG SEAFOOD CORP), VINH HOAN CORP, MINH PHU SEAFOOD CORP, STAPIMEX, CASES, QUOCVIET CO. (BIENDONG SEAFOOD), HUNG VUONG CORP and FIMEX VN.

(D) aquatic imports: due to the large number of Vietnamese aquatic processing export enterprises and strong processing capacity, some aquatic processing raw materials still need to be imported, the main sources are India (mainly shrimp), South Korea, China, Taiwan (mainly tuna), etc. In the first half of 2017, Vietnam imported a total of 650 million U.S. dollars of fresh and frozen aquatic raw materials, an increase of 34% year-on-year. Among them, shrimp imports amounted to 24.1 billion U.S. dollars, up 34% year-on-year, accounting for 37% of total imports; tuna imports of 109 million U.S. dollars, up 30% year-on-year, accounting for 17% of total imports, and other marine fish accounted for 36%.

(E) and China's aquatic trade: China's aquatic market is huge, fewer technical barriers than in Western countries, relatively low transport costs, are favorable conditions for Vietnam to carry out aquatic trade with China, the aquatic trade between the two countries, especially the border aquatic trade is very active. In the first half of this year, Vietnam's aquatic exports to China totaled 520 million U.S. dollars, of which shrimp exports amounted to 283 million U.S. dollars, up 30% year-on-year; balsa exports 171 million U.S. dollars, up 46.5%; tuna was down 50%. At the same time, Vietnam's imports of aquatic products from China totaled $ 59 million, up 97 percent year-on-year, accounting for nearly 9 percent of Vietnam's total aquatic imports. Many Vietnamese aquatic exporters are more optimistic about China's future market potential.

Third, the aquatic industry development policy guidance

According to the 2007 Vietnam Communist Party Central Committee adopted the "Vietnam Marine Strategy to 2020" resolution, Vietnam to "get rich by the sea", vigorously develop the marine economy, to 2020 marine and coastal economic output to account for 53%-55% of the gross domestic product (GDP). The aquaculture industry is an important part of the marine economy, and the aquaculture industry is also a priority for the Vietnamese government to encourage the development of the industry, and the production and export of shrimp will be a top priority. 2017, the Prime Minister put forward the goal of shrimp exports to achieve 10 billion U.S. dollars by 2025, the Ministry of Agriculture and Rural Development of Vietnam has also formulated a master plan for the development of the shrimp industry: from 2017 to 2020, the annual export value of shrimp to From 2021 to 2025, the shrimp ecological farming and high-tech processing industry should be formed on a large scale, with steady investment in the construction of infrastructure to match, and exports should reach $10 billion in 2025, with an average annual growth rate of 12-12%. 14%, the surface area of shrimp farming should reach 750,000 hectares, and the annual output of fresh shrimp should reach 1.1 million tons.