Vietnam's Seafood Catch on Track to Top 2007

By

SeafoodSource staff

Published on
August 21, 2008

Despite high fuel prices, Vietnam's seafood catch in the first half of 2008 neared 1.1 million metric tons and is projected to reach 2 million metric tons by year's end, Chu Tien Vinh, head of Vietnam's Department of Aquatic Products Exploitation and Protection, told Vietnam Net.

Last year, Vietnam's seafood harvest totaled 1.95 million metric tons.

The Vietnamese government has dispersed funding to keep fishermen afloat in the wake of high fuel prices.

There are some 95,600 fishing vessels in the country, including some 15,000 offshore fishing vessels. Between mid-March and mid-August, about 12,000 vessel owners received VND115 billion, or nearly $7 million, in government aid, according to Vinh.

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