(vasep.com.vn) In 2014, a stronger US dollar against other currencies, along with economic recovery helped boost shrimp imports.

(vasep.com.vn) Ministry of Agriculture and Rural Development (MARD) set the goals in 2015 for shrimp products. These goals include decreasing disease affected area by 50% while supplying products that are disease-free and safe with no antibiotic residues.

(vasep.com.vn) In 2014, EU market was a focal point in the picture of Vietnam shrimp exports. This market maintained high growth rates in consecutive months, even when some other markets witnessed declines.

(vasep.com.vn) According to Mr. Le Van Quang, Chairman of Minh Phu Seafood Corporation (MPC), in 2014, the company sold over 47,713 MT of shrimp abroad, earning US$ 730.4 million, up 22.9% by volume and 40.58% by value from the year 2013.

(vasep.com.vn) According to Mr. Quang Trong Thao, Deputy Director of Kien Giang Department of Agriculture and Rural Development, in 2014, brackish water shrimp was reared in the area of 90,563 hectares with the yield of 51,430 MT, up 9,452 MT equivalent to 22.5% up year on year. Intensive and semi-intensive shrimp farming area was 1,915 hectares. These farms produced 19,811 MT of shrimp, nearly all of them are whiteleg shrimp.

(vasep.com.vn) Data from Ministry of Agriculture and Rural Development revealed that seafood export value in 2014 is estimated at US$ 7.9 billion, up 18% year on year.

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.