Economic Performance of Offshore Long-Line Vessels in Nha Trang, Vietnam Public Deposited

http://ir.library.oregonstate.edu/concern/conference_proceedings_or_journals/f7623d47q

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  • Economic performance indicators are needed in order to improve fisheries policy in Vietnam. The research project “Revenues and Costs of Fishing Vessels in the Nha Trang Area” has been established to meet these needs. A questionnaire about technical characteristics and economic data of vessel and gear in use in the Province has been developed. A convenience sample is used and data is gathered through interviews with vessel owners. This paper presents preliminary findings for about thirty-two vessels, representing 16 % of the estimated total population of such vessels in the Khanh Hoa province. The average overall length is 15.13 m, engine size 121.88 HP and crew size 9.16 men. The following indicators are presented: gross revenue, annual vessel productivity, gross value added, gross cash flow, net profit and crew share, both per vessel and per man. Crew shares are compared to that of earnings of other labour in this area of Vietnam. Regression analysis of gross revenue and simple partial productivity, using technical vessel characteristics as independent variables, is performed and the results are demonstrated. Further work will include the collection of more data. Data Envelopment Analysis (DEA) or Stochastic Production Frontier (SPF) techniques for in depth analysis may in the future be used.
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  • Long, Le Kim, Ola Flaaten and Nguyen Thi Kim Anh. 2006. Economic Performance of Offshore Long-Line Vessels in Nha Trang, Vietnam. In: Proceedings of the Thirteenth Biennial Conference of the International Institute of Fisheries Economics & Trade, July 11-14, 2006, Portsmouth, UK: Rebuilding Fisheries in an Uncertain Environment. Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2006. CD ROM. ISBN 0-9763432-3-1
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