Binh Thuan has great potential to develop the fisherieseconomy, as it boasts a coastline of over 192km and a sea area of 52,000sq.kmadjacent to and connected with large fishing grounds, and has diverse aquaticresources in terms of types and reserves.
Director of the provincial Department of Agriculture andRural Development Mai Kieu said the locality currently owns thousands offishing vessels with a length of at least 15m, most of which are modernly equipped.
Seafood processing has gradually developed and become anannual key export product, making a significant contribution to the province'sexport turnover. The locality currently has 231 fisheries establishments, ofwhich 28 are allowed to export directly or entrust others toexport their products. In 2021, Binh Thuan’s seafood export value topped 170 million USD, accounting for 30 percent of its export revenue of goods.
To join hands with the nation towards removing the EuropeanCommission’s “yellow card” warning related to illegal, unreported andunregulated (IUU) fishing, Binh Thuan has made tremendus efforts to develop the sectorsustainably.
According to the local Department of Agriculture and RuralDevelopment, the installation of vessel monitoring systems (VMS) is a leadingsolution to wipe out illegal fishing.
As of March, 98 percent of local fishing vessels with alength of 15m and above had been equipped with VMS, leading to an improvement of the monitoringof fishing ships./.