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Economic Performance of offshore Fisheries - the Case of Trawling and Purse Seining in Ben Tre Province, Vietnam

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Abstract
  • Ben Tre, located on the Tien Delta Triangle--with a coastline of 65 km and the 20,000 km2 Exclusive Economic Zone--is one of the Mekong Delta’s 13 provinces. Given both its vast access to coastline and the EEZ, fisheries is one of the Ben Tre’s key economic sectors. This study specifies some factors affecting revenues of trawling and light purse seining vessels by using a multivariate regression model. Data was collected through direct and intensive interviews with vessel owners and fishermen. The results seem to demonstrate that single boat trawlers achieved the highest return on investment, followed by pairtrawlers and light purse seiners, respectively. Factors including the vessel length, engine capacity, captain’s experience, fishing gears, and vessel age have considerable effects on revenues of single-boat trawlers and lighted purse seiners. Based on these findings, this study provides some recommendations to offshore fisheries in Ben Tre province, Vietnam.
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  • Nguyen, Kim Anh Thi and Dien Van Nguyen. 2010. Economic Performance of offshore Fisheries - the Case of Trawling and Purse Seining in Ben Tre Province, Vietnam. 11 pages. In: Proceedings of the Fifteenth Biennial Conference of the International Institute of Fisheries Economics & Trade, July 13-16, 2010, Montpellier, France: Economics of Fish Resources and Aquatic Ecosystems: Balancing Uses, Balancing Costs. Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2010.
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  • US National Oceanic and Atmospheric Administration (NOAA) Fisheries Division, Agence Française de Développement, Ministère de l’Enseignement Supérieur et de la Recherche, Ministère de L’Alimentation de L’Agriculture et de la Pêche, Ministère de l’Énergie, du Développement Durable et de la Mer, La Région Languedoc Rouslilon, Département Hérault, Montpellier Agglomèration, The Department of Fisheries and Oceans, Canada, and AquaFish Collaborative Research Support Program (CRSP).
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