Delta needs aquaculture funds

Dec 25th at 10:36
25-12-2013 10:36:11+07:00

Delta needs aquaculture funds

The Cuu Long (Mekong) Delta of Viet Nam requires over VND2.6 trillion (over US$123 million) for 56 aquaculture projects in the 2013 – 2020 period, the Ministry of Agriculture and Rural Development has said.

 

According to reports released at an aquaculture development seminar held in Kien Giang Province on Friday, the projects feature tra fish, shrimp and mollusc breeding; seafood catches; production of breeders; and projects in infrastructure and human resource development for the region's aquaculture industry.

Along with rice and fruits, seafood is one of the major products of the Mekong Delta region.

However, aquaculture and exploitation has not developed as well as expected, according to representatives of MARD at the seminar.

The region's aquaculture sector must be re-adjusted so that it can be better developed with diversified products and higher added value. Organised by MARD, the Steering Board of the Southwest Region and the People's Committee of Kien Giang Province, the seminar was held to promote investment in the Mekong Delta's aquaculture industry.

According to MARD, the master plan for the development of the country's aquaculture industry towards 2020 with a vision to 2030 was approved by Prime Minister Nguyen Tan Dung in August 2013.

It required the establishment of a fishery centre in Kien Giang Province to serve the Southeast Region fishing grounds.

The plan also calls for the establishment of an aquaculture centre in Can Tho to support the aquaculture areas in the Mekong Delta.

vietnamnews



NEWS SAME CATEGORY

SBV looks to increase dong deposits

The State Bank of Viet Nam (SBV) is determined to maintain the strength of the Vietnamese dong, while speeding reforms to the nation's economic system and resolving...

Citi inks partnership with AIA

Citibank and AIA Group Limited have announced a partnership to offer life insurance products in the Asia Pacific region through the bank’s distribution channels.

Nissan Vietnam forced to pay hundreds of billions of tax arrears

Nissan Vietnam has been told to re-export the sets of car parts it imported in 2009-2012 or pay the import tax for the sets of car parts as for complete built units...

MOF vindicates Intel in suspected tax evasion

The Ministry of Finance (MOF) has denied the rumor that Intel, a big US invested enterprise in Vietnam dodged the laws to evade the tax it should have paid for the...

Lenders eye end-of-year credit targets

The State Bank of Viet Nam has deflated banks' hopes of achieving the credit growth target by lending at low rates to prime customers, warning it will penalise...

Overseas remittances likely to hit US$11 billion

Commercial banks are expecting a sharp increase in overseas remittances as 2013 draws to a close, estimating a yearly total approaching US$11 billion.

Intrigue surrounds Agribank’s sale of AJC

Agribank’s attempt to divest from Agribank Gold Corporation has attracted interest and controversy as the latter seeks to resist the deal and confusion remains over...

Forex stability remains key to ensuring sustainable growth

Prime Minister Nguyen Tan Dung has required the State Bank to continue stabilise the dong’s exchange rate in 2014.

Banks race against time to sell debts

Banks now queue up for their turns to sell bad debts to the Vietnam Asset Management Company (VAMC). They need to “clean up the balance sheet” by the time when the...

VN banks post small gains

Credit institutions gained an accumulated profit of VND29.5 trillion (US$1.34 billion) during the first 11 months of this year, up 3.2 per cent from the same period...

Bank stocks

Insurance stocks


MOST READ


Back To Top