(7/15/2021 12:00:00 AM)

On March 11, 2021, the Prime Minister issued PM Decision 339/ QĐ-TTg approving the Vietnam’s Fisheries Development Strategy to 2030, with a vision to 2045. The Strategy was developed by Vietnam Institute of Fisheries Economics and Planning (VIFEP).

 Dr. Nguyen Thanh Tung, Director of Vietnam Institute of Fisheries Planning
and Economics presented the draft Strategy.

The Vietnam’s Fisheries Development Strategy to 2030, with a vision to 2045 is the premise for the construction, consolidation, and development of the fisheries sector toward international economic integration, high-value products and enhanced competitiveness which will boost employment opportunities and improve Viet Nam’s socio-economy towards climate-resilience and sustainability.

The Strategy identifies the target of the fisheries sector to 2030 with the value growth rate at 3.0-4.0%/year, the export turnover value at 14-16 billion USD, creating jobs for 3.5 million workers, thereby improving the population’s livelihoods.

 In addition, the Strategy aims to develop seafood processing and trade:

- Developing the seafood processing industry to become a large-scale commodity, playing a key role in leading and promoting the development of seafood production chains in the direction of increasing value-added production and sustainable development; soon turning Vietnam into a global seafood processing center

- Forming enterprises and corporations as big as giants in the world, producing branded and highly competitive products in the world market

- Actively integrating internationally, attracting investment, resources and expanding export markets, improving the quality and diversifying processed products for the domestic market

- Maintaining and developing the market share of Vietnamese seafood in key markets, constantly expanding market share in potential markets

- Organizing the circulating production of aquatic products according to the product value chain.




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