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Nam Dinh licenses first foreign investment in aquaculture

by the Fish Site Editor
14 September 2006, at 1:00am

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. 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. 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. <em>Source: Vietnam Economy</em>

the Fish Site Editor