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    Home > Active Ingredient News > Feed Industry News > Investment in aquatic feed industry in Vietnam requires careful consideration of market capacity

    Investment in aquatic feed industry in Vietnam requires careful consideration of market capacity

    • Last Update: 2008-11-03
    • Source: Internet
    • Author: User
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    Introduction: in recent years, many Guangdong aquatic feed enterprises are keen to invest in Vietnam However, according to the Ministry of Fisheries of Vietnam, by the end of October this year, the export amount of Vietnamese aquatic products is nearly 1.9 billion US dollars It is estimated that the export amount of 2.3 billion US dollars in this year can be achieved, and the annual export plan of 2.6 billion US dollars will not be completed This is the second consecutive year that the export plan of aquatic products has not been completed Aquatic feed enterprises should investigate the capacity of the aquatic product market in Vietnam and establish production lines carefully According to the introduction, the Ministry of Fisheries acknowledged the following deficiencies in the guidance: first, the processing industry is not compatible with the development plan of raw materials, resulting in excess processing capacity; second, there is a lack of targeted and effective trade promotion activities in various places, ignoring the domestic market; third, the market management is not up-to-date, and there are some quality problems in the processing link; fourth, although the aquatic product market development fund has been established, but It didn't really work.
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