In 2023, the capture fisheries production volume in Vietnam was 3.722 million metric tons. The forecasted data indicates a steady growth in production volume over the next five years, reaching 4.1477 million metric tons by 2028. This represents year-on-year growth percentages of approximately 2.27% in 2024, 2.80% in 2025, 2.20% in 2026, 2.14% in 2027, and 2.07% in 2028. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 stands at 2.30%.
The future trends to watch for include:
- Adoption of sustainable fishing practices to cope with environmental regulations.
- Technological advancements in fisheries management and equipment.
- Potential impacts of climate change on marine resources.
- Shifts in global seafood demand and trading policies.