Log in
Business

Norway: Decades-long supporter of Vietnam’s marine aquaculture

Norway has brought world-class aquaculture and offshore technology to help Vietnam shift toward an export market of high quality products.

Norway, the world’s second largest exporter of seafood, has intensified support to Vietnam’s fisheries sector over the past four decades.

 Marine farming in Vietnam's Khanh Hoa province. Photo: Vietnam's Research Institute for Aquaculture No 1

The latest assistance is a Letter of Intent signed on May 21 between Vietnam’s Ministry of Agriculture and Rural Development (MARD) and Norway’s Ministry of Trade, Industry and Fisheries (MTIF).

It is aimed to promote trade, cooperation and private sector investments, create optimal conditions for relevant agencies to continue working together in law enforcement, technological application, and research in the marine aquaculture industry.

Over the years, Norway has helped develop Vietnam’s fisheries sector to be modern and more competitive, able to integrate into the global value chain, enabling the industry to unlock potential and taking advantages of the oceans in a responsible and sustainable way.

The decades-long support has largely shifted Vietnam’s sector to industrial marine farming with the participation of large-scale enterprises using modern technology.

With world-class aquaculture and offshore technology, Norway has been selected as one of the four main partners to contributing in developing the Vietnamese aquaculture.

 Representatives of Vietnam and Norway at the signing ceremony on May 21. Photo: Norway's Embassy in Hanoi

Efforts by all stakeholders

To extend the support, representatives from Norway discussed in a webinar held on the same day about a wide range of measures and methods to help develop Vietnam’s marine aquaculture on industrial scale.

The event spotlighted Norway’s Ambassador to Vietnam Grete Løchen, MARD’s Deputy Minister Phung Duc Tien, Head of Innovation Norway, Hanoi Arne-Kjetil Lian.

It marked the participation of Vietnamese Ambassador to Norway Le Hong Lam and more than 150 participants representing MTIF, the Vietnam Chamber of Commerce and Industry (VCCI), ten coastal provinces in Vietnam, Vietnam’s Research Institutes for Aquaculture No.1, 2 and 3, Nha Trang University, the World Bank, ADB, FAO, financial and credit institutions.

At the event, stakeholders exchanged information and experience in planning, policy making, governance, human resources, vocational training, green technologies and smart solutions.

Norwegian speakers presented the Norwegian triangle model that coordinates the engagement of authorities, industry and academia that is seen as one of the success factors of Norway’s salmon industry.

Speaking at the event, Ambassador Grete Løchen said “2021 is a special year for Norway and Vietnam. We both take pride in the bilateral cooperation in the fisheries sector for over the past time. Now we are looking into how we can promote trade and investments in marine aquaculture and fish farming in Vietnam. When it comes to sustainable development of marine aquaculture industry, Norway has a lot to offer based on our lessons learned from the well-known salmon industry.”

She noted that sustainable and developed marine aquaculture industry is of great potential and thus requires a thinking of technology, green and cost-effective solutions. This is another step to boost Norway-Vietnam cooperation in this sector.

Vietnam’s marine aquaculture has posted average annual growth of 23.3% over the last decade, The area expanded to 70,000 ha in 2020 from 38,800 ha in 2010. In 2020, the country yielded about 610,000 tons.

“To reach the above targets, marine aquaculture on industrial scale is a solution. Therefore, the practical lessons, high-tech solutions as well as investments from Norwegian companies would be very helpful”, said Director General of the Directorate of Fisheries (Dfish), Doctor Tran Dinh Luan.

Norwegian Commercial Counsellor, Head of Innovation Norway Vietnam, Mr. Arne-Kjetil Lian said: "Innovation Norway, as the Commercial Section of the Norwegian Embassy in Vietnam, will do our best to facilitate the connection and cooperation between Norwegian and Vietnamese companies in this sector. It is in the best interest of both countries to promote our bilateral trade and investment.”


Reactions:
Share:
Trending
Most Viewed
Related news
Miền Bắc, Hà Nội thay đổi hình thái thời tiết, nồm ẩm sắp quay trở lại

Miền Bắc, Hà Nội thay đổi hình thái thời tiết, nồm ẩm sắp quay trở lại

Kinhtedothi - Trung tâm Dự báo khí tượng thủy văn Quốc gia cho biết, dự báo thời tiết hôm nay 19/3, hình thái thời tiết ở miền Bắc có sự thay đổi sau những ngày đón không khí lạnh tăng cường.

Hanoi Metro partners with ride-hailing providers for public transport convenience

Hanoi Metro partners with ride-hailing providers for public transport convenience

The cooperation aims to improve traffic management and develop smart transportation services in Hanoi, contributing to the progress of urban railway lines in Vietnam.

Local banks cut interest rates in response to PM’s request

Local banks cut interest rates in response to PM’s request

The rate cuts come in response to the Prime Minister’s directive to inspect and review banks that have recently increased deposit rates.

Hanoi revises up GRDP growth target to 8% in 2025

Hanoi revises up GRDP growth target to 8% in 2025

The city is committed to streamlining its organizational structure to be more efficient while ensuring that reforms do not disrupt residents or business operations.

Standards challenge Vietnamese exports amid tighter market regulations

Standards challenge Vietnamese exports amid tighter market regulations

Vietnam lacks specific standards for key agricultural export products, complicating outreach and inspection efforts.

Vietnam eyes top 3 in investment environment in ASEAN next 2 years: Party Chief

Vietnam eyes top 3 in investment environment in ASEAN next 2 years: Party Chief

A key objective is to trim off at least 30% of administrative procedures and cut both business costs and unofficial fees.

Vietnam set to have digital banks within financial centers

Vietnam set to have digital banks within financial centers

Credit institutions headquartered in these financial centers will not be bound by restrictions on to foreign ownership or foreign investment conditions when providing services there or across borders.

Government-backed waste management startups to be launched

Government-backed waste management startups to be launched

By 2030, each province will have at least five models of senior-led waste collection and sorting.