(VOVWORLD) - The Prime Minister recently signed a decision approving a 2021-2030 development plan for the seafood processing industry with the goal of making Vietnam a seafood processing center ranked in the top 5 globally.
 (Illustrative photo: baochinhphu.vn)
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The plan aims to develop a modern, efficient, and sustainable seafood processing industry that can satisfy market demand and regulations, improve Vietnam's competitiveness, and deepen its integration into the global value chain.
The plan will strive to attain a processed seafood production growth rate of at least 6% annually by 2030, and an average export value proportion of at least 40%. Over 70% of processing establishments for aquatic products export will have production technology and competence of medium to advanced level or higher.
The next goal is to establish a number of modern seafood processing enterprises with economic potential and management on a world-class level. The seafood processing value is set to contribute to a 14-16 billion USD value of seafood export turnover.