HÀ NỘI — The total investment for the offshore fishing industry for the 2018-30 period has been projected to reach VNĐ42.2 trillion (US$1.87 billion). The Directorate of Fisheries under the Ministry of Agriculture and Rural Development released this information at a meeting held by the directorate on September 28 to discuss the master planning for offshore fishing development, nationwide, by 2020, with orientation to 2030. Specifically, by 2020, the output of offshore fishing will remain at some 1.62 million tonnes. For offshore fishing vessels, the number of net trawlers will be reduced, while the number of fishing boats will be increased. By the year 2030, the exploited output and the number of offshore fishing vessels will remain the same as in 2020.

Source: Viet Nam News September 29, 2017 09:56 UTC