Tra, basa catfish prices rise

VietBusinessNews - Prices for catfish had increased by VND2,000 per kg to VND16,000 per kg after the Tet festival, said General Director of Hung Vuong JSC Duong Ngoc Minh in the My Tho-Tien Giang Industrial Zone.

This year, catfish production in An Giang and Dong Thap provinces has declined by 50 per cent because many farmers have given up fish breeding due to export challenges.

Processors would face a catfish shortage until September 2009, making it difficult to reach the 1 million tonnes export target.