Short supplies of shrimp due to floods in Odisha induced by the severe cyclonic storm Phailin has hit seafood exporters. Shrimp prices have shot up by about 200% compared to last year.

For the first time in about two months, farm prices on Ecuadorean shrimp have gone down significantly.

(vasep.com.vn) Minh Phu – Hau Giang Seafood Corp – an affiliate of Minh Phu Seafood Corporation specializes in processing fishmeal, exporting seafood, producing bio-diezen from fish fat and feed for breeding shrimp, finfish.

(vasep.com.vn) Maintaining strong growth in Q.II/2014, Vietnam shrimp exports through June 2014 reached nearly US$1.8 billion. Shrimp exports in 2014 can surpass US$3.5 billion if diseases continue to be well-controlled and market conditions are favourable.

(vasep.com.vn) On July 18th 2014, Satra Group held a meeting to summarize its business activities in the first 6 months of 2014 as well as work out some plans to fulfil the 2014 target. Particularly, in the meeting, the group discussed solutions to expand new markets instead of focusing on China.

Early mortality syndrome (EMS)is leading to the increasing prices and tightening supplies and causing concern worldwide.

(vasep.com.vn) So far this year, Ninh Thuan province has stocked shrimp on the area of 712 hectares, up 4 percent year on year. The figure includes 672 hectares of whiteleg shrimp and 40 hectares of black tiger shrimp, according to provincial Sub-Department of Aquaculture.

Resurgent demand for freshwater seafood species — as well as expectations of a recovery in the shrimp sector — is prompting Chinese analysts to predict a solid year for suppliers of aquatic feed while higher feed prices could push prices for the country’s aquaculture export sector.

In the framework of Vietfish 2014, WWF, ASC, IDH and VASEP will co-organize a workshop on ASC shrimp on the 7 August.

(vasep.com.vn) In April 2014, Saota Foods Joint Stock Company (Fimex VN) processed 667 MT of frozen shrimp in all varieties and earned back a revenue of US$9.8 million. The year-to-date value reached US$36 million, up over US$25 million in the same time of 2013.

(vasep.com.vn) Vietnam National Seaproducts Corporation Limited (Seaprodex) held the wrap-up conference to review the corporation's production and trading activities in 2013 and undertake new orientations and business plan for 2014.

(vasep.com.vn) In 2013, Au Vung Seafoods Company (Au Vung Co) reached US$102 million of shrimp exports, up 79.2 percent against those of 2012. Au Vung Co mainly sent products to South Korea, Japan, Taiwan, China and the EU countries. Its key items were black tiger and whiteleg shrimps.

(vasep.com.vn) So far, Saota Foods Joint Stock Company (Fimex VN) has processed 8,700 MT of shrimp products and 551 MT of agricultural products.