Foreign fish breeders slipping the net

Oct 23rd at 13:10
23-10-2012 13:10:43+07:00

Foreign fish breeders slipping the net

Ten foreigners who raise tilapia (panin) in the Nam Ngum River in Xaythany district, Vientiane, have failed to register with the district authorities after they were invited to do so.

District Governor Mr Xonglao Yongnou told Vientiane Times last Friday that the district authorities invited 13 foreigners who illegally operate fish farms in the Nam Ngum to register their business under Lao law.
“We offered those concerned four months to complete their registration, but after the four month period expired last month, only three foreigners had registered,” he said.

Xaythany authorities will next write to the Vientiane authorities about what action to take against the unlicensed fish farmers.

The foreigners started raising tilapia in the Nam Ngum River two years ago, because this kind of fish has become more popular in both restaurants and homes in Laos.

Each of the fish farmers has between 60 to 120 cages of tilapia, which they sell year round to traders in Vientiane.
Head of the Lao Fish Breeding Group in Vientiane, Mr Kanechanh Thailavanh, said there were 78 families who raised this species of fish in Vientiane from 2006 to 2011.

During this period, 18 to 20 tonnes of fish was sold daily in markets in Vientiane and some provinces.
Consumers in Vientiane were happy with the fish, the suppliers were satisfied with their business, and the prices were good for all concerned.

But now, more than 20 fish farmers in Vientiane have seen their businesses collapse as the price of the fish has fallen, Mr Kanechanh said.

The capital required to raise tilapia is about 15,000 kip per kilogramme, he said, but now the fish are being sold to markets in Vientiane for as low as 13,000 kip per kilogramme.

The price has dropped since the foreigners took up fish farming, and they are now keeping more than 1,000 cages of fish in the Nam Ngum River.

“As this fish is oversupplied in Vientiane markets nowadays, it’s not the fish traders competing to buy fish from the breeders. Rather the breeders need to compete in terms of the prices they offer the fish traders, who can help them to sell their fish,” Mr Kanechanh said.

Ms Sangthong Xayavanh, a fish trader in Huakua market in Vientiane, told Vientiane Times that she buys about 30 kilogrammes of fish at a time from middle traders.

She buys the fish for 15,000 kip per kilogramme and sells them for 17,000 kip per kilogramme. Some days she sells all her stock, but on other days she has some left over

vietnamnews



NEWS SAME CATEGORY

Southern hydro plant gets green light

A concession agreement for the Xe-Pian Xe-Namnoy hydroelectric power project between the Lao government and Xe-Pian Xe-Namnoy Power Company (PNPC) was signed in...

Kuwait eyed as potential export market for Lao farmers

There is huge potential for Laos to export organic fruit and vegetables to Middle Eastern countries such as Kuwait, according to a senior official at the Lao...

Japanese auto parts maker to open factory in Laos

Japanese auto parts maker, Meiwa Engineering Company of Thailand, will open a factory in Vientiane after the government approved their investment proposal last...

Investment in Vientiane industrial zone surges

Local and foreign investment is on the rise at a major industrial park in Vientiane, the Khoksa-ath Industrial Zone in Xaythany district.

Vernicia oil to power vehicles in Laos

The Luang Prabang Teak Tree Import and Export Company hopes to be the first company in the world to produce bio-diesel from Vernicia ( mak kao ) oil, if the Lao...

CAT eyes investment in Lao telecoms market

Thai state-owned enterprise CAT Telecom has signaled its intention to expand into Laos ahead of the setting up of the Asean Economic Community in 2015.

Oudomxay to build small-scale hydropower plant

Local construction companies will invest 64 billion kip (US$8 million) to build a small hydropower plant in Oudomxay province, hoping to sell power to Electricite...

Japan helps Laos to control mining industry pollution

The Ministry of Energy and Mines will pay greater attention to training mining officials, to help local administrations manage the growing mining industry.

Competitive bidding expected as registration opens for northern power grid

Electricite du Laos (EDL) expects to open the registration process for Korean construction companies to participate in the auction for works on the Greater Mekong...

Import and export procedures for agricultural produce to be improved

Laos is improving its agricultural import and export procedures with help from neighbouring countries and international organisations.


MOST READ


Back To Top