As EMS still ravages Thailand, European vannamei buyers are plagued by continuously mounting prices. European shrimp importers are bemoaning high shrimp prices, triggered by a drop in production as a result of the early mortality syndrome (EMS) which has been depleting output in Thailand since last year.

(vasep.com.vn) “Hatcheries in Binh Dinh has made ​​great efforts to boost production, taking comparative advantages of Binh Thuan shrimp”, said Vice Chairman Huynh Thanh Canh emphasized in a meeting with Binhthuan Shrimp Hatchery Association.

(vasep.com.vn) Vietnam Association Seafood Exporters and Producers (VASEP) filed an appeal to the United States Court of International Trade concerning anti-dumping duties on Vietnamese shrimp imposed by Department of Commerce (DOC) for POR8.

Once again, the Brazilian Association of Shrimp Breeders (ABCC) requested theMinistry of Fisheries and Aquaculture (MPA) to desist from opening the domestic market to allow the entrance of Argentinean shrimp (Pleoticus muelleri).

Shrimp prices in Mekong Delta have been increasing rapidly, since China has upped its demand for Vietnamese shrimp.

(vasep.com.vn) According to the Ministry of Agriculture and Rural Development, aquaculture production in September 2014 reached 372 thousand MT, up 15.9% year on year, bringing accumulated aquaculture production to 2,491 thousand MT, up 4.9% year on year.

(vasep.com.vn) Minh Phu Seafood Corporation (MPC) recently announced their plans to issue corporate bonds. Accordingly, it is expected that in September, 500 unmortgaged and non-convertible bonds at par value of VND 1 billion/bond will be issued and offered to less than 100 investors in a private placement.

The claims by the US Department of Commerce (DOC) were groundless and go against the spirit of trade liberalisation and the fine economic relations between the two countries.

(vasep.com.vn) In the first 8 months of 2014, Namcan Seaproducts Import Export Joint Stock Company (Seanamico) exported 1,742 MT of shrimp, earning over US$ 31 million. Europe is the major market for this company, followed by Japan and other Asian markets.

(vasep.com.vn) The expansion plan was proposed to People's Committee of Hau Giang. Accordingly, the area will be expanded by 5 to 10 hectares, producing 40,000 MT of seafood annually, hiring nearly 1,000 employees.

(vasep.com.vn) According to Ngoc Tri Seafood, domestic raw shrimp prices are still high as Europe enhanced antibiotic testing on imported seafood.

(vasep.com.vn) In the first 8 months of 2014 Minh Bach Seafood exported 1,938 MT of shrimp with the value of US$ 22,044 million, in which EU accounted for 40%. Shrimp exports increased both in volume and value compared to the same period in 2013.

(vasep.com.vn) Value of New Wind Seafood Co. Ltd exports in the first 8 months of 2014 reached US$ 7 million. The company exported shrimps to Japan, South Korea and the United States. However, tempura shrimp is the only product the company sells to the United States. Japan is the largest market for this company, accounted for 85% of total export volume.

As of 15th August 2014, shrimp exports are still in favorable conditions as exports to main markets are strongly growing. Particularly, exports to South Korea increased by 114.5% year on year. Eight first months of 2014 saw an 80.3% increase in exports to the United States, 4.8% rise to Japan and 98.8% surge to EU.

(vasep.com.vn) Due to unstable prices coupled with complicated shrimp disease development, Phu Tan district (Ca Mau) has over 1,900 hectares of shrimp farms, reported as a fall from the previous year.