Vietnam to invest $1.8bn in Mekong seafood development
The Vietnamese province of Kien Giang intends to invest VND 43 trillion ($1.85 billion) in boosting seafood production in the Mekong Delta region, reports Vietnam Plus, citing the provincial department of agriculture and rural development.
It wants to transform inefficient rice fields to the model of rice-shrimp production. Kien Giang already has around 62,500 hectares using the model, which is seen as more efficient and environmentally friendly than rice monoculture.
The province will also review the planning of breeding, encouraging large-scale production, while continuing to expand fisheries production.
Kien Giang will look at strengthening offshore farming using new technology, too, the news site said. The aim is to create optimal conditions for major firms such as Minh Phu Seafood to implement a project to build a modern shrimp farming complex there.
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