Belgian Professor Sees Great Potential for Vietnam to Strengthen Aquaculture Powerhouse Status

Vietnam's greatest asset in its aquaculture sector is not simply its production volume, but its "human-resource ecosystem" built over four decades, encompassing training and research institutions, the State, and businesses, according to Belgian Professor Patrick Sorgeloos. He suggests that with appropriate adjustments, Vietnam can further strengthen its leading position in global aquatic exports. Vietnam joins Asian partners in promoting green, smart cage aquaculture. Vietnam pivots to green aquaculture to draw global seafood buyers. UOB Vietnam backs NAVICO in green finance push for aquaculture. The country is actively promoting a shift towards "green and smart cage aquaculture," aiming to enhance sustainability and reduce environmental impact. This pivot is expected to attract more global seafood buyers and boost exports. For instance, UOB Vietnam is backing NAVICO in its push for green finance in the aquaculture sector. Under its one-party system, Vietnam has pursued long-term industrial development strategies led by the state, and the aquaculture sector is no exception. The government is focusing on improving export competitiveness by investing in research and development and establishing production systems that comply with international standards. Amidst its significant economic ties with China, Vietnam is also seeking to diversify its export markets, with seafood being a key component. Professor Sorgeloos's insights underscore the strategic direction Vietnam can take to further solidify its competitive edge in the international market.