Aquaculture in Vietnam is one of the fastest growing sectors of the economy. Vietnam is currently the fourth largest aquaculture producer in the world.
By 2030, mariculture export revenue should be between $5 billion and $8 billion, and by 2050 it should exceed $10 billion.
1057.3 thousand hectares are allocated for the production of aquaculture products, of which 23.9% are occupied by objects with salt water, 46.6% with brackish water and 29.1% with fresh water. At the same time, 12% of products are produced in salt water, 22% in brackish water, and 66% in fresh water.
On August 01, 2020, free trade agreements with the European Union came into force. Tariffs on most shrimp have been reduced from 4.2% to 0%, tariffs on processed shrimp will be reduced from 7% to 0% within 8 years.