The price of tra for processing and export has been rising since early 2009 and now sits at between VND14,000-16,200 per kg depending on which category.

However, this is not much use to fish farmers as production costs almost equal the selling prices, which range from VND14,000-14,500.

Meanwhile, fishermen face numerous difficulties such as a shortage of investment and not having signed contracts with enterprises, which makes them draw back from producing aquatic products.

Many processing plants have only been breaking even and have slowed down their operations.

To deal with this situation, An Giang plans to set up a tra and basa fish association to provide information on production and consumer demands for the sake of both businesses and aquaculture farmers.

In the first three months of 2009, An Giang exported 19,500 tonnes of frozen seafood, earning nearly US$47 million in total, a 48 percent drop in both volume and value from the same period last year.