Economics and management strategies for restocking sandfish in Vietnam

Strehlow, H.V. (2004) Economics and management strategies for restocking sandfish in Vietnam. Naga, Worldfish Center Quarterly, 27(3-4), pp. 36-40.

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This paper assesses the costs and benefits of a proposed project for restocking sandfish (Holothuria scabra) in Khanh Hoa Province, Vietnam. It identifies the key stakeholders, institutional framework, management and financing required for its implementation. The recommended management strategy includes a 50 percent harvest at optimum size. Limiting the number of boats fishing an area, possibly through licensing, can control the number of sandfish removed. The easiest way to prevent harvesting of undersized sandfish is to control the size of processed sandfish from processors. The potential benefits of restocking are shown by the rapid changes in selected indicators, particularly the net present value, the internal rate of return, and the benefit-cost ratio. Probability analysis is used to estimate the uncertainties in the project calculations. Based on a conservative estimate, the restocking of sandfish is expected to be profitable, although cost-benefit analyses are sensitive to the survival of restocked sandfish and their progeny, and the number of boats fishing for sandfish in the release area.

Item Type: Article
Title: Economics and management strategies for restocking sandfish in Vietnam
Personal Creator/Author:
Strehlow, H.V.
Journal or Publication Title: Naga, Worldfish Center Quarterly
Volume: 27
Number: 3-4
Page Range: pp. 36-40
Date: 2004
ISSN: 1511-8533
Issuing Agency: WorldFish Center
Uncontrolled Keywords: Stocking (organisms); Echinoderm fisheries; ISEW, Vietnam, Central Coast, Khanh Hoa Prov.; Holothuria scabra
Subjects: Aquaculture
Item ID: 9519
Depositing User: Mr William Ko
Date Deposited: 07 Oct 2012 15:02
Last Modified: 07 Oct 2012 15:02

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