The central coastal province of Phu Yen will branch out high-tech shrimp cultivation models in a bid to realise its target of 100 million USD in production value by 2025.

The United Kingdom was the largest importer of Vietnam’s prawns in the European Union (EU) in 2016, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

(seafood.vasep.com.vn) Australia is a potential market of Vietnam thanks to high demand for shrimp. From 2007 to 2011, Vietnam’s shrimp exports to Australia ranged from US$60 to US$86 million.

The southernmost province of Ca Mau aims to seek more export markets for its shrimp products through intensifying trade promotion activities as an effort to realise the locality’s export target of 1.1 billion USD in 2017.

Vietnam’s shrimp exports in the first half of this year rose 15.7 per cent year-on-year to US$1.56 billion, thanks to declining supply sources from other shrimp exporting countries.

Vietnam earned 1.56 billion USD from shrimp exports in the first half of this year, up 15.7 percent annually, according to the Vietnam Association of Seafood Exporters and Processors (VASEP).

Mekong Seafood Connection Co., Ltd (Meksea) is a member of Mekong Food Group (www.mekongfoodgroup.com) comprising of four members operating in four food – relating industries namely Seafood, Agricultural products, Fast food and Distribution.

Au Vung Seafood has been established and come for production since year 2005. The office and factories are located in Gia Rai town, Bac Lieu province, Viet Nam where is considered as center of shrimp farming. Since our both factories’ locations are not only among shrimp farming areas but also convenient for cross transporting between land- way and river- way, so materials shrimp gathering and distributing to the factories are much favorable.

(seafood.vasep.com.vn) In 2016, South Korea stayed as the 7th in volume and 12th (accounting for 2.4%) in value out of top shrimp importers in the world. From 2013 to 2016, the import volume of shrimp into South Korea increased continuously and peaked in 2016 with more than 83,000 MT. Demand for seafood, including shrimp in Korea, has been on the rise due to declining domestic fish production and the tendency to focus on healthy diets of its people.

The Ministry of Industry and Trade (MoIT) has joined hands with other ministries and sectors to promote the export of agri-aquatic products to Australia.

Breeding shrimp together with other aquatic products is preventing disease without using chemicals and providing sustainable results for farmers in the central coastal province of Phu Yen.

The Australian Department of Agriculture and Water Resources has received a document from the National Agro-Forestry-Fisheries Quality Assurance Department (NAFIQAD) affirming that Vietnam is able to meet all requirements in Australia’s new import conditions for processed shrimps.

(seafood.vasep.com.vn) In April 2017, Sao Ta Food Joint Stock Company (Fimex VN, FMC) processed 1,179 MT of frozen finished shrimp products, up from 868 MT in the same period last year.

Prime Minister Nguyen Xuan Phuc recently signed a decision to add three more products - brackish water shrimp, high-quality coffee and ginseng - to the list of national products.

(seafood.vasep.com.vn) As of March 2017, Germany held as the third largest importing market of Vietnam shrimp in the EU, accounting for 3% of total shrimp export of Vietnam to markets. In Jan-Mar 2017, Vietnam’s shrimp exports to Germany reached US$18.4 million, down 22.8% over the same period in 2016.