Tra fish farming area needs trimming

Oct 11th at 13:29
11-10-2013 13:29:11+07:00

Tra fish farming area needs trimming

The area under tra fish farming should be reduced to prevent any further oversupply, which has already dragged down prices in the last few years, heard a seminar held in Can Tho on Wednesday.

 

Nguyen Van Kich, deputy chairman of the Viet Nam Tra Fish Association, said tra fish output exceeds export demand, causing a decline in prices.

"[The] output should be reduced to improve prices," he said.

To make things worse, the farming area increased by 4.2 per cent in the first eight months of this year.

Tra is farmed mostly in the Cuu Long (Mekong) Delta and 96 per cent of the output is for export.

Nguyen Huu Nguyen, chairman of the Chau Phu Fishery Co-operative in the Mekong delta province of An Giang, said if tra supply and demand are not balanced, farmers would continue to suffer losses in coming years.

The ratio of tra farmers suffering losses was 9.4 per cent in 1993, but rose relentlessly to nearly 50 per cent as of last year, according to the Can Tho University.

The university's Dr Vo Thi Thanh Loc said Viet Nam accounts for 97 per cent of the world's tra fish exports.

But the country has not studied global demand or zoned tra fish farming areas, causing oversupply, she said.

"A committee should be set up to forecast the movements of the tra fish market," she said.

The delta's provinces should be assigned quotas for area and volume to avoid oversupply, she added.

Participants at the meeting said unhealthy competitiveness among exporters is another reason for the decline in export prices.

Export turnover fell from US$1.8 billion in 2011 to $1.75 billion last year, according to the association.

In the first eight months of this year, the figure was down 2.5 per cent to $1.1 billion, it said.

Le Chi Binh, deputy chairman of the An Giang Province Fishery Association, said creating links between exporters and farmers to ensure quality and output is a sustainable measure for the sector's development.

This would enable exporters to stop farming the fish themselves and also reduce risks for farmers, he said.

Farmers and exporters have to sign contracts to share obligations and rights, he said.

Exporters now farm 50-70 per cent of tra fish themselves and individual farmers, the rest.

Vo Hung Dung, deputy chairman and general secretary of the association, said the quality of tra fish strains should be improved and farming areas should follow zoning plans.

Exporters should focus on developing new export markets, he said.

The EU and the US are now Viet Nam's largest tra fish importers.

vietnamnews



NEWS SAME CATEGORY

Live cow imports bring fresh Aussie beef to Vietnam

A fan of the Australian beef sold at Ho Chi Minh City’s supermarkets, Nguyen Hoai Trang wonders how the imported meat can be as fresh as locally slaughtered beef.

Milk firms asked to explain prices

The Ministry of Finance's Price Management Department has required six dairy producers to report on their retail milk prices for products aimed at children aged...

Tea industry needs to plan for the future

The tea industry must become more sustainable through building concentrated tea areas and improving productivity, quality and safety, experts said at the fifth Viet...

Steel sector struggles to escape rut

The domestic steel industry is continuing to suffer while the real estate market remains frozen, according to the Market Watch Team.

Petrol traders commanded to decrease retail prices

The Ministry of Finance and the Ministry of Industry and Trade yesterday ordered traders to drop retail petrol prices by 1.6 per cent per litre from 8pm.

Vinacomin aims to shrink coal stockpile

The Viet Nam Coal and Mineral Industries Group (Vinacomin) plans to sell 39-41 million tonnes of coal while reducing the volume of coal in stock in the latter...

Rubber exports stretch to fetch $4.5 billion in 2013

The rubber industry expects to bring home US$4.5 billion in export this year, according to Tran Thi Thuy Hoa, General Secretary of the Viet Nam Rubber Association...

Gold auction sells 14,800 taels

The State Bank of Viet Nam (SBV) held its 63rd auction yesterday, releasing a further 14,800 taels onto the market.

Mobile phones press towards top of export list for first time

Mobile phones and spare parts are likely to top the list of Vietnamese export items for the first time this year, with their annual export earnings expected to hit...

Exports of rice to decrease sharply

Viet Nam's rice export will reach 1.8 million tonnes in the fourth quarter this year, 128,000 tonnes lower than planned due to an export decrease in September.

Commodity prices


MOST READ


Back To Top