(seafood.vasep.com.vn) Sao Ta Fooods, Vietnam's leading shrimp exporter, is poised for a breakthrough in the final months of this year, capitalizing on its substantial inventory and surging market demand for refined goods.

(seafood.vasep.com.vn) The US is always in the top 4 largest export markets for Vietnamese shrimp. In the last 3 years (2020-2022), the US has held the No. 1 position with Vietnamese shrimp import value reaching from 800 million USD - over 1 billion USD, accounting for 23% of the total shrimp export value.

According to Ms. Nguyen Thi Thanh Binh, Vietnam Coordinator, Minh Phu Seafood Corp and Stapimex are two leading shrimp companies in investing in certification of new farms according to the certification programs of the Global Seafood Alliance. demand (GSA) in the past 12 months.

(seafood. vasep.com.vn) In July 2023, Vietnam's shrimp exports reached more than US$320 million, down 16% compared to the same period last year. The 16% drop in July was the lowest since the start of the year. By July 2023, shrimp exports reached US$1.9 billion, down 30% over the same period.

(seafood.vasep.com.vn) According to data from Vietnam Customs, Vietnam's shrimp exports to China & HK in the first half of this year reached US$280 million, down 16% over the same period. June is the first month since the beginning of this year Vietnam's shrimp exports to China & HK recorded an increase over the same period last year, up 16% to US$67 million. Since March of this year, the monthly rate of decline has also narrowed.

(seafood.vasep.com) The "Shrimp Industry Summit 2023" (2023 Shrimp Summit) took place from July 24 to 26, 2023, in Ho Chi Minh City.

(seafood.vasep.com.vn) In the first 6 months of 2023, Vietnam's shrimp exports reached 1.5 billion USD, down 32% over the same period. Market demand, raw shrimp prices and export prices all went down, inflation increased, and strong competition with other suppliers made Vietnam's shrimp exports difficult in the first half of 2023. Shrimp farmers and businesses are still expecting more positive signals for shrimp production and export activities in the second half of this year.

(seafood.vasep.com.vn) Ca Mau province has set a target for total aquaculture production to reach 570,000 tons by 2030, the growth rate of aquaculture output to reach an average of 3.93%/year.

(seafood.vasep.com.vn) According to data from Vietnam Customs, as of June 15, 2023, Vietnam's shrimp exports to the US reached 257 million USD, down 41% over the same period in 2022.

(seafood.vasep.com.vn) In the first 5 months of 2023, Vietnam’s shrimp export turnover reached 1.2 billion USD, down 34% over the same period last year. In May alone, the export value reached 331 million USD, down 28%.

(seafood.vasep.com.vn) At the 2023 General Meeting of Members and the 25th anniversary of the establishment of VASEP held on June 12, 2023, Mr. Do Ngoc Tai - Vice Chairman of VASEP, Chairman of Shrimp Committee - Director of Tai Kim Anh Seafood JSC gave a presentation on the situation of shrimp exports in the last 6 months of 2023.

(seafood.vasep.com.vn) Camimex Group JSC, formerly known as Ca Mau Frozen Enterprise, was established in 1977, operating mainly in the field of aquaculture, processing and preservation of seafood and aquatic products; export aquatic products, agricultural products. In 2005, Camimex officially became a joint stock company and in 2010 officially listed on HoSE. In the context of Vietnam's shrimp exports continuously declining in the first months of 2023, Camimex aims to increase 28% of seafood export turnover in 2023, equivalent to 100 million dollars.

(seafood.vasep.com.vn) To help Vietnamese shrimp brands make a mark on the international market is still a big goal for the whole industry. Vietnam's shrimp industry has many opportunities for growth, but also countless challenges. One of the big challenges is chain linkage, closing the entire production process to control the quality of output products. This is the key to improving the value of Vietnamese shrimp exports to demanding markets.

(seafood.vasep.com.vn) Over the past time, the aquaculture sector in Ben Tre has maintained a quite stable development, with more than 50,000ha of potential aquaculture area. By the end of 2022, Ben Tre’s aquaculture area was 47,590ha; total farming production reached 310,015 tons. Main farmed species included 83,100 tons of brackish water shrimp, 14,900 tons of molluscs, 203,000 tons of pangasius, over 90% of the farmed output has high economic value for export processing. Ben Tre has 13 seafood processing factories for export with a designed capacity of more than 150,000 tons. Seafood export output in 2022 increased by 14.02%. Currently, Ben Tre is calling for investment in a shrimp processing plant to process raw shrimp products of the province.

(seafood.vasep.com.vn) According to the April socio-economic report of Ca Mau province, the province's total seafood volume in April reached 54,240 tons, up 5.18% over the same period in 2022. In which, the shrimp output reached 21,850 tons, up 8.58% over the same period in 2022, equivalent to 21% of Vietnam's total shrimp volume in April 2023.