Vietnam News Network

Vietnam News: Local, National, Business, Sport, Entertainment and Technology

Trade XRPUSD, Bitcoin and Cryptocurrencies

BUY & SELL XRPUSD | View XRPUSD News & Updates

Buy Sell XRPUSD, Bitcoin and Cryptocurrencies

Tra fish problem needs to be settled to the roots   2008-07-16 - SGTT

The biggest problem of tra fish is not lack of capital but overproduction, experts say.


On July 15, the story of tra fish, once again, was put on the agenda of a meeting between leaders of provinces in the west of the southern region.


Dr Nguyen Huu Dung, Deputy Chairman of the Vietnam Association of Seafood and Exporters and Producers (VASEP), said that it was unnecessary for tra fish to have been discussed at the latest session of the National Assembly.


Dung said testily: “It seems that the government only wants enterprises to purchase all the fish left unsold among farmers, while it does not care for the business results of enterprises.”


Luong Hoang Manh, Director of Mekong Seafood Import-Export Company, said that the problem of the tra fish industry needs to be settled to the roots. Why does tra overproduction occur? Who is responsible for this?


Manh stressed that the biggest problem now is not lack of capital, but overproduction.


Nguyen Huu Khanh, Chairman of the An Giang Aquaculture and Seafood Processing Association, said that there is no accurate figure about tra pond areas; therefore, there cannot be a suitable long-term strategy on tra fish industry development.


“We have said a lot of things, but we have not done anything,” Khanh said, adding that it is not until farmers complain about unsold materials that state management agencies rush to count up fish pond area and fish output.


An Giang fish farmers say that farmers who sign contracts with enterprises are able to get loans from banks. However, Khanh said that the requirement proves to be unfeasible.


Khanh related that in Japan, food processing projects get licences only when investors can show they can have enough materials. Meanwhile, in Vietnam, the licencing process goes the opposite way.


Analysts believe that it is necessary to establish a tra and basa fish association in the Cuu Long River Delta which would consider the market scale in order to set up suitable aquaculture development plans.

Other news

Rally continues for Vietnam exchange   2008-07-16

Cotton maker revival chances shrink, CEO walks out of meeting   2008-07-15

BIDV to cut loan rates to boost economy   2008-07-15

Vietnamese fruit farmers aim for global market   2008-07-15

Dong surplus emerges as banks boost rates   2008-07-15

Vietnam stocks rising, foreign investors net sellers   2008-07-15

Training – way to accelerate FDI disbursement   2008-07-15

Training – way to accelerate FDI disbursement   2008-07-15

BUSINESS IN BRIEF 15/7   2008-07-15

EVN asked to stop non-electricity investments   2008-07-15

VN-Index maintains solid upswing   2008-07-15

Foreign access to Viet Nam assets increases   2008-07-15

Toyota’s assembly misadventure continues   2008-07-15

One more 100% foreign invested bank licensed   2008-07-15