The number of people employed in the aquaculture sector (marine and inland) in Vietnam displayed consistent growth from 2013, starting at 1.62 million and increasing steadily to reach 1.74 million by 2023. The annual growth rate has remained positive, with a particularly notable increase of 3.71% in 2015. The Compound Annual Growth Rate (CAGR) averaged 0.67% over the last five years.
From 2021 to 2023, the year-on-year variations were positive at 1.21%, 1.11%, and 1.03%, respectively, suggesting a steady upward trend. Looking into the future, the forecast predicts the employment figures will reach 1.81 million by 2028 with a five-year CAGR of 0.63% and an overall growth rate of 3.18% from 2023.
Future trends to watch for:
- Potential impact of technological advancements on workforce requirements.
- Changes in domestic and international demand for aquaculture products.
- Government policies and investments promoting sustainable aquaculture practices.
- Implications of climate change and environmental concerns on the sector.
