Nam Dinh licenses first foreign investment in aquaculture

VIETNAM - The Red River Delta province of Nam Dinh has licensed a Taiwan-invested project on raising giant Pacific Oyster scientically named Crassostrea gigas, with an initial investment of US$120,000.</b> <br><br> <p>The project, covering 10 hectares of water, is designed to produce 5 million fries and 833,000 kg of oysters for harvest a year, once it begins operations in 2008. <br /> <br /> The potential farm is also expected to produce high-quality oysters for export to Taiwan, the US and Japan, in addition to providing raw materials for sea-food processing factories. </p> <p><em>Source: Vietnam Economy</em></p>

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