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Development orientation of Vietnam's seaweed industry

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The seaweed industry is receiving special attention from the Government, with the development orientation to become a large-scale, industrial, synchronous, efficient and sustainable commodity production industry. Deputy Minister Phung Duc Tien gave speech at the conference On December 2, the Ministry of Agriculture and Rural Development (MARD) coordinated with the People's Committee of Phu Yen province to organize a conference on tasks and solutions to develop Vietnam's seaweed industry. According to the Directorate of Fisheries, seaweed is a group of low-level plants with enormous economic value. Besides being used as food, seaweed is also used in pharmaceuticals, cosmetics, textiles, bio-fertilizers, bio-stimulants, bio-packaging, bio-fuels, etc. Seaweed farming is currently receiving attention from many countries around the world as a nature-based solution for sustainable economic development. Vietnam has 88 species of seaweed with economic value, with about 900,000 hectares...

Vietnam targets harvesting 500,000 tons of seaweed by 2030

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  Potential area for seaweed cultivation stands at some 900,000 hectares. The Ministry of Agriculture and Rural Development (MARD) has set a target of harvesting 500,000 tons of seaweed by 2030 as part of the national seafood development strategy. To boost growth in the seaweed industry, MARD has proposed that the Prime Minister list seaweed as a primary product in the seafood field because of its high nutritional value. The total seaweed farming area in 2023 stood at 16,500 ha, with total output of 150,000 tons, according to General Director of the Directorate of Fisheries Tran Dinh Luan. Profits posted from seaweed farming are estimated at VND150-200 million ($6,200-8,300) per ha.  The potential area for seaweed cultivation in Vietnam is 900,000 ha, according to MARD.  The industry will focus on seaweed farming along the coast of provinces from north-central Thanh Hoa to south-central Binh Thuan, including grape seaweed and cartilage seaweed. https://en.vneconomy.vn/vie...