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US$2.3m shrimp farm opens in Vietnam

HANOI - A shrimp breeding farm capable of producing 250 tonnes of shrimp for export each year has opened in the southern province of Ba Ria-Vung Tau.

The 40-hectare farm, which cost US$2.3 million, uses advanced technology that protects the environment, said Nguyen Dinh Thiet, chairman of the farm's owner, the Trung Viet NDT Joint Stock company, a subsidiary of the US-based NTD Group.

Nguyen Quoc Vinh, director of the Trung Viet shrimp farm, said the shrimp will be bred for export only and will be sold primarily to the US, Japan, South Korea and Europe.

"It is hoped the advanced shrimp breeding technology at the Trung Viet Farm will be transferred to local farmers so the province's seafood production and export will increase in the years to come," Nguyen Minh Tri, director of the Ba Ria-Vung Tau Fishery Department, said.

The technology, which uses no harmful chemicals in the production process, had helped other countries build up their shrimp breeding industries, he added.

The shrimp are expected to weigh about 29 grams when fully grown, and will be harvested three times a year. Production costs are expected to be lower than usual, with VND24,500 ($1.58) per kilogram.

Prior to opening, Trung Viet NDT conducted a shrimp breeding trial at a 10-hectare farm in Long Dat District in Ba Ria-Vung Tau province.

The coastal province of Ba Ria-Vung Tau has 156 kilometers of coastline, 100,000 square kilometers of continental shelf and a vast area, consisting of the Dinh, Ray and Thi Vai rivers, that could be used for a large aquaculture industry.

Tri said the province's seafood exports in 2003 were estimated at $110 million, representing 4.5 percent of Vietnam's total seafood exports.

(Asia Pulse/VNA)
 
Dec 13, 2003



 

         
         
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