Rabobank calls demand in both regions better than expected despite this year’s persistently high prices in its most recent report “A New Dawn for the Prawn”.

(vasep.com.vn) According to Kien Giang Department of Agriculture and Rural Development, brackish water shrimp has been farmed on the area of 90,563 hectares. As the weather stayed favorable and diseases were well controlled, shrimp rearing had an upturn.

(vasep.com.vn) Through November 2014, Vietnam seafood exports reached US$ 7.22 billion, exceeding the annual expected value of US$ 7 billion.

(vasep.com.vn) Trung Son Corp, a subsidiary of Trung Son Group officially inaugurated a shrimp processing plant with annual capacity of 10,000 MT in Duong Hoa commune, Kien Luong District, Kien Giang Province. This plant is worth VND 170 billion.

(vasep.com.vn) According to Vietnam Customs, in the first 10 months of 2014, exports of Ca Mau reached US$ 1.18 billion, with trade surplus of US$ 1.05 billion. Seafood exports accounted for 97% of the total exports of the province.

(vasep.com.vn) In 2014, aquaculture farms covers the area of 47,202 hectares. In particular, marine shrimp farming area was 35,953 hectares, including 10,694 hectares of intensive and semi-intensive shrimp farms. In these 10,694 hectares, 86% was for whiteleg shrimp, and the other is for black tiger shrimp. Other shrimp farming methods were applied in 25,259 hectares.

(vasep.com.vn) In the first 10 months of this year, shrimp export turnover of Ngoc Tri Seafood reached US$40 million, up 20% yoy. Europe and America are two major markets accounted for 65% of total export turnover of the company.

(vasep.com.vn) In first 10 months of 2014, shrimp exports reached US$ 3.35 billion, up 35.9% compared to the same period last year. Although exports in October rose 3.5%, but the remaining 2 months, shrimp exports this year are expected to reach over US$ 3.9 billion.

The World Trade Organisation (WTO) on November 17 announced the panel’s final decision on Vietnam ’s lawsuit against the US imposition of anti-dumping tax on its certain warm-water frozen shrimp, known as case DS/429.

(vasep.com.vn) In Q3, consolidated revenue of MPC reached VND 4,554 billion, up VND 907 billion, equivalent to 25% year on year. Gross profit increased to VND 534 billion, up 34% year on year. Profit after tax reached VND 198 billion, up 50% year on year.

(vasep.com.vn) Shrimp exports to the US slowed down from QIII/2014, growing 0.9% compared to the same period in 2013. Exports surged in the two previous quarters led to 51.2% year on year increase in accumulated value, which reached US$ 820.6 million.

(vasep.com.vn) Statistics show that in the first 9 months of 2014, Korea shrimp imports increased by 6.4% year on year in volume, and that from Vietnam rose by 50.2%.

(vasep.com.vn) Leaders of the Food Safety Institute (representing VinaCert-Control JSC) along with Director of Fisheries Technology and Services Center of Vietnam awarded VietGAP certification for Tan Van, a whiteleg shrimp aquaculture private company in Kim Son district, Ninh Binh province.

(vasep.com.vn) According to the General Directorate of Fisheries, as of 31st October 2014, brackish water shrimp was farmed in approximately 676 thousand hectares, up 3.6% year on year.

(vasep.com.vn) Two billion whiteleg shrimp posts were produced by 16 hatcheries in Khanh Hoa.