VietNamNet Bridge – A lot Vietnamese can afford the luxurious parties with sturgeon caviar
worth up to $50,000. This partially explains the strong development of the
sturgeon farming in Vietnam.
The
demand high in Vietnam
The
party hosted by a well-known businessman in HCM City has become the topic of
the public’s discussion because it was very special. The participants were
served with sturgeon caviar.
All the
steps of slaughtering the sturgeons, taking eggs and salting the eggs were
performed at the dining tables in front of the participants. Caviar was served
with vodka and by Russian waitresses.
The
dishes served here reportedly have the price of $10,000 at minimum. The
restaurant, after a short marketing period, reportedly has received orders from
four VIP clients in Hanoi and HCM City. A party costs $20,000 at least, while
the most expensive is about $50,000.
Analysts
say the demand for sturgeon caviar is very high in Vietnam. The rich people are
willing to pay big money for caviar, which they believe is very good for
health.
Scientists
say sturgeons have been existing for the last 300 million years. They live in
the open sea, but flow to the fresh waters in the birth season. A sturgeon only
gives eggs after 4-20 years. Therefore, the eggs are very precious and
expensive.
Sturgeon
caviar has been well known throughout the world as the most expensive food,
called “the black diamond.” A kilo of caviar is priced at $1500-6,000 in the
world. The price could be $10,000 for Beluga or Kaluga.
Le Anh
Duc, General Director of Ca Tam Vietnam, said a kilo of sturgeon eggs is
selling at VND25 million in the market. However, some people still order one
kilo for one week use, which means that they spend VND100 million every month
on sturgeon caviar.
According
to Duc, only the rich can afford sturgeon caviar. They are the “big guys” in
many business fields, from banking, insurance, information technology, to
aviation. The demand for the luxurious food is so high that a restaurant can
earn billions of dong a month if it serves several groups of the VIP customers.
One of
the VIPs said he needs sturgeon caviar for daily meals. In the past, when
caviar was not served in Vietnam, he had to order caviar with French, Russian
and Swiss suppliers at the price of euro2,000 per kilo, or VND60 million.
Vietnam’s
black gold
A
report said the world needs 3,000 tons of sturgeon eggs every year, while the
total output is just 100 tons. The short supply has prompted Vietnamese farmers
to farm sturgeon for eggs.
Vietnamese,
after a period of farming sturgeon, have realized that sturgeons can grow well
at the temperature of 25-27oC and can be farmed in the hydropower reservoirs
with high water capacity and clean water. Sturgeons can spawn after 4-6 years
of farming.
While
Vietnam has a lot of hydropower reservoirs in the northern, central regions and
Central Highlands, it would be ideal to farm sturgeons there.
A
report of FAO released in 2012 showed that Vietnam has listed itself among the
10 biggest farmers and producers in the world.
Tran Thuy
Business & Investment Opportunities
Saigon Business Corporation Pte Ltd (SBC) is incorporated
in Singapore since 1994.
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