Huge profitability prompts catfish-breeding spree in Delta region

With buoyant profits forecast for raising breeder catfish coupled with substantial demand expected this year, a slew of breed stock farms have mushroomed in Vietnam’s Mekong Delta region.

Local residents chat non-stop on the know-how of raising the breeder fish.

Expert breeder Nguyen Van Vong in Tien Giang province told Thanh Nien that farmers could reap profits estimated VND1.8 billion (US$112,500) per hectare raising the fish after five months.

Thus, people hoping to hit the jackpot have flocked to buy land with fish ponds freely available in the province, sending land prices skyward.

Another farmer in southern Can Tho said he had bought land to raise the breeder catfish, saying profits could quadruple from the invested capital.

A farmer in Can Tho’s Khuong islet has reportedly profited hundreds of millions of dong [VND100 million = $6,250] from selling the breeder raised in a 1.5-ha fish pond.

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Source: THANHNIEN NEWS.com

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