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Several Major Factors Influencing Revenues of the Yellowfin Tuna Long-lining Fishery in Phu Yen Province

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  • Vietnam is in the club of countries gifted with the long coastal line, and strong in marine features accordingly. Fishing operations are artisan characteristic and the management method is primarily open – access. Since the past few years, the yellow fin tuna long- lining fishery has become one sub-sector experiencing high growth rate in the region of South Centre of Vietnam. Phu Yen Province has been a special case in point. Fishers there have invested much capital into developing these ventures that culminates in the sharp increase of vessel numbers, total catch and therefore revenue. This paper is to look into some factors namely engine power (capacity), fishers, production organizations, equipment values, vessel age, baits, education level of skippers, which together impact revenues of the long-lining fishery in Phu Yen Province. Results of the model under examination are statistically significant. Generally, the research findings are consistent to those previously inferred in international papers. Based on this research, some orientations for management have been suggested.
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  • Phan, Thi Dung. 2008. Several Major Factors Influencing Revenues of the Yellowfin Tuna Long-lining Fishery in Phu Yen Province. 10 pages. In: Proceedings of the Fourteenth Biennial Conference of the International Institute of Fisheries Economics & Trade, July 22-25, 2008, Nha Trang, Vietnam: Achieving a Sustainable Future: Managing Aquaculture, Fishing, Trade and Development. Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2008.
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  • US National Oceanic and Atmospheric Administration (NOAA) Fisheries Division, The Department of Fisheries and Oceans, Canada; Aquaculture CRSP and AquaFish CRSP; Minh Phu Seafood Corporation; Vietnam Datacommunication Company (VDC); Camau Frozen Seafood Processing Import Export Corporation (Camimex); Long Sinh Limited Company; Mai Linh Group and Nam Viet Corporation.
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