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Viet Nam develops high-value chain for seaweed

It is necessary to establish a closed value chain for seaweed to increase its added value and promote its development in Viet Nam, according to participants at a conference held recently by the International Collaborating Centre for Aquaculture and Fisheries Sustainability (ICAFIS) in Ha Noi.

Seaweed cultivation has been developed in Viet Nam for around 10 years, with a total cultivation area reaching 16,500ha and an output of 150,000 tonnes in 2023. Seaweed is cultivated mainly in the coastal waters of the northern, south central and north central regions. 

 

Dinh Xuan Lap, ICAFIS’s deputy director, said that enhancing coordination among relevant parties is important to establish value chains for the aquaculture industry. Specifically for seaweed, a closed value chain should be developed from seedling, cultivation, production, trade and consumption, he said. It is also necessary to apply high-tech extraction methods to collect valuable nutrients from seaweed and limit its fishy smell, as well as processing to produce medicines, bioplastics and food additives.

At the conference, ICAFIS and Japi Foods Co. Ltd and Truong Phat STP signed a cooperation agreement to promote the formation of a closed seaweed value chain. JapiFoods has agreed to buy seaweed from farmers to process into finished products at prices not lower than market prices. Truong Phat STP has agreed to provide seedlings to farmers and seaweed to processing companies.

The cooperation is expected to help promote a high value chain for seaweed in Viet Nam, Truong Phat STP director Nguyen Thi Hai Binh said.

Duong Long Tri, Deputy General Secretary of the Viet Nam Fisheries Society, said that if there is a clear development orientation for seaweed, Viet Nam’s seaweed industry can go far.

According to the Institute of Aquaculture Research No. 3 in Nha Trang, there are more than 880 species of natural seaweed in Viet Nam, of which 88 species have economic value. Viet Nam has an estimated 900,000ha potential for seaweed farming and set a goal of producing around 500,000 tonnes by 2030. 

VNS

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