Pangasius is listed as one of the key aquaculture products

The list of major aquaculture products includes tiger shrimp, white leg shrimp and pangasius. The main aquaculture products must meet 4 criteria, of which the minimum export value is USD 100 million/year.

On December 17, Vietnam Association of Seafood Exporters and Processors (VASEP) said that Deputy Prime Minister Trinh Dinh Dung signed the Decision No. 50/2018 / QD-TTg dated 13/12/2018 regulating the major aquatic subjects. Accordingly, the list of major aquaculture species includes tiger shrimp, white leg shrimp and pangasius. This decision is validated from January 30, 2019.

Cá tra vào danh mục đối tượng thủy sản nuôi chủ lực - Ảnh 1.

Processing export pangasius. Photo: Canh Ky

The Ministry of Agriculture and Rural Development is responsible for implementing the state management work, building and directing the implementation of strategies, plans and projects on developing key aquatic products in the whole country… They have to consolidate and report to the Prime Minister on the results of development of key aquaculture products annually.

Provincial People’s Committees are responsible for implementing state management; formulate and direct the implementation of strategies, plans and projects on development of key aquatic farming objects in localities.

According to VASEP, pangasius export turnover in the first 10 months of 2018 reached over 1.8 billion USD. This result has surpassed the figure of 1.78 billion USD for the whole year of 2017, bringing pangasius to the leading growth of seafood among Vietnam’s export seafood. It is predicted that catfish exports in 2018 will reach over 2.2 billion USD, increasing 23% compared to that of 2017.