India finished out 2013 as the top shrimp supplier to the United States, carrying on the lead it gained on the US’s typical top supplier – Thailand – in August of last year.

The National Aquaculture Association of Honduras (Andah) estimates that this year the country will export shrimp for about USD 220 million, exceeding last year’s results, which were described as ‘historic’.

Demand is quiet for an adequate supply. Discounting is becoming more prevalent in order to stimulate buying interest, especially on white shrimp.

(vasep.com.vn) ASEAN countries are supplying 80 percent of the global shrimp output while they have to follow various standards set by importing countries. Therefore, ASEAN shrimp producers and processors are working to build a common set of standards for their shrimps, which is suitable with ASEAN nations' conditions and harmonized with other popular international requirements, Vice Chairman of VASEP Nguyen Huu Dung said.

Research Institute for Aquaculture

According to General Department of Viet Nam Customs, the country's goods exports to Australia in January 2014 reached US$294.47 million, up 4.1 percent from the previous month and 24.1 percent from the same period of 2013.

(vasep.com.vn)In 2014, Ca Mau city set the target of expanding industrial shrimp farming area of 1,100 hectares. So far this year, local farmers have stocked shrimp on the area of over 812 hectares, completing 73 percent of its plan.

(vasep.com.vn) In the first two months of 2014, Ca Mau, a southernmost province of Vietnam, fetched US$185.46 million from its exports, equal to 15.56 percent of its plan, and up 97.53 percent year on year, according to the provincial Department of Industry and Trade.

(vasep.com.vn) Ca Mau province reported a fishery production of 80,000 MT so far, up 12 percent against the same time of 2013, according to the provincial Department of Agriculture and Rural Development. Aquaculture output was 50,000 MT (+8 percent) and wild catch was 30,000 MT. Seafood exports reached nearly US$200 million.

(vasep.com.vn) In 2014, Mekong Delta provinces target to raise shrimp export turnover, mainly black tiger shrimp, to US$2.55 billion, US$50 million higher than that of last year. Ca Mau province may take the lead in shrimp exports with a projected revenue of US$1.1 billion in 2014.

(vasep.com.vn) To meet increasing demand of global consumers for sustainable and environmentally friendly seafood products, fish producers in the world are complying with a wide range of certification standards such as ASC, MSC, GlobalGAP, BAP. However, too many standards are causing confusions for not only fish producers and exporters but also consumers in the international markets. Different certificates lead to hiking production costs and fish prices for fish farmers and producers.

The southern province of Tra Vinh earned nearly US$57.5 million from exports in the first two months of this year, up 81.5 per cent year-on-year.

(vasep.com.vn) Minh Phu Seafood Group Corporation (Minh Phu Seafood Corp – HOSE code: MPC) has recently issued its business plan in 2014. This year, the company targets to reach VND11,715 billion of net turnover and VND421.74 billion of post-tax profit. These figures are up 5.74 percent and 43.53 percent compared to those in 2013.