Just few households in Yen Phu Village, which is famous for ornamental fish breeding, have maintained their traditional industry, while the majority has turned to importing fish for higher profits.
China is aiming to boost local catfish production to take advantage of falling U.S. output, while also tapping the domestic Chinese market, according to a state-run research organization in one of China’s key catfish cultivation regions.
Production collapse drags down overall exports.
Vietnam mainly shipped aquatic products, phones and their parts, footwear, coffee and garment to Spain
According to the inspection office in Zhanjiang, Japanese authorities have increased the frequency of inspections for drug residues in farmed shrimp by 30%.
Vietnam’s tuna exports have earned 154 million USD so far this year, a year-on-year increase of 19 percent, and the highest growth among seafood exports.
Fishery factories in Myanmar will have to compete with experienced competitors in Thailand and Vietnam if they aim to conduct successful CMP (cutting, manufacturing, packaging) operations, say industry experts.
Disease issues in China are exacerbating the shortage of shrimp from Asia, said China’s aquaculture producers association and a Russian importer at the Brussels seafood show.
Vietnam does not offer a level playing field for the domestic private sector, economists have said.
China’s major fish feed firms are bullish about 2013 thanks to a reported jump in fish prices as consumers switch to seafood due to the ongoing bird flu crisis.