The southern province of Tra Vinh is calling for investments in 17 aquaculture projects, mainly brackish water shrimp farming, with a total investment of more than VND1.32 trillion (US$58.4 million).
Viet Nam’s shrimp industry will become a key economic sector, if the national action plan for the development of the shrimp industry by 2025 that was approved by the Prime Minister meets its targets.
Prime Minister Nguyen Xuan Phuc signed a decision on Monday to add three more products - brackish water shrimp, high-quality coffee and ginseng - to the list of national products.
Rising sea levels have exacerbated saline intrusion and coastal erosion in Viet Nam, but farmers can make the best out of a bad situation by shifting from agriculture to aquaculture, raising brackish water shrimp.