(seafood.vasep.com.vn) In Q1/2022, Bentre Aquaproduct Import and Export JSC (HOSE: ABT) recorded a revenue of 133 billion VND (up by 109% over the same period) and profit of 7.7 billion VND (down 54% over the same period). Gross profit margin improved significantly from 14.3% in Q1/2021 to 20.2% in Q1/2022 due to sharp increase in selling prices; however, transportation costs tripled during the Q1/2022, leading to a shrink in net profit.

(seafood.vasep.com.vn) For the first time this year, after continuously growing positive double digits in the previous 5 months, Vietnam shrimp exports in June recorded negative growth. Vietnam’s shrimp export value decreased slightly by 1% to nearly 416 million USD. Accumulating 6 months, Vietnam’s shrimp export reached 2.3 billion USD, an increase of 31% over the same period last year.

(seafood.vasep.com.vn) The particular ecological conditions along with large intertidal zone of coastal mangrove forest in Ca Mau province has created ideal conditions for developing shrimp farming under the forest canopy.

(seafood.vasep.com.vn) Camimex Group is investing and completing many processing plants, helping to increase the capacity to 20,000 tons of finished products per year. Along with high-tech farming development projects, Camimex expects sales to reach 250 million USD/year in the next 5 years.

(seafood.vasep.com.vn) Vietnam's shrimp exports to the EU as of June 15, 2022 reached US$338 million, up by 51% over the same period last year. Shrimp exports to this market grew quite steadily, ranging from 34%-83% in the first months of this year.

(seafood.vasep.com.vn) The average import price of Vietnam shrimp reached 11.46 USD/kg, about 1USD higher than the average import price and other suppliers such as Indonesia or Ecuador.

(seafood.vasep.com.vn) According to Directorate of Fisheries, Vietnam fisheries production in the first 6 months of the year was estimated at 4,196.8 thousand tons, increased by 2.5% over the same period last year (in the second quarter of 2022, it reached 2,333.3 thousand tons, up 2.9%), including: Fish reached 3,044.4 thousand tons, up 1.7%; shrimp reached 520 thousand tons, up 9.4%; other marine products reached 632.4 thousand tons, up 1.2%.

(seafood.vasep.com.vn) On June 26, 2022, Nhatrang Seafood (F17) inaugurated its high quality shrimp processing factory, located in Ho Phong, Bac Lieu.

(seafood.vasep.com.vn) In May 2022, Vietnam's shrimp export turnover reached 457 million USD, an increase of 31% compared to the same period last year. Accumulating the first five months of 2022, Vietnam's shrimp export turnover went up 41% in comparison to the same period last year, to 1.9 billion USD. In May, the growth rate of Vietnam's shrimp exports to the US slowed down while exports to China went up.

(seafood.vasep.com.vn) Sao Ta Food Joint Stock Company (FIMEX VN) revealed that the shrimp aquaculture this year encountered some difficulties due to the pandemic, however, the positive outcomes had resulted in the reduction of cost and an increase in profit for the second quarter of the year.

(seafood.vasep.com.vn) The InfoFish World Shrimp Trade Conference and Exhibition in Malaysia was held on 8th -10th, June 2022. At the Conference, VASEP had a stall to introduce the information about Vietnam Fisheries International Exhibition 2022 and other promotional publications of Vietnamese seafood such as: the Map of Vietnam seafood factories, the Poster of Vietnam's seafood export panorama, Report on Vietnam shrimp exports in 2016 – 2021, Report on Vietnam seafood exports in 2021…

(seafood.vasep.com.vn) In the first five months of the year, the total Ca Mau’s fishery output reached 259,715 tons, increasing 1.6% compared to the same period last year.

(seafood.vasep.com.vn) Up to May 15th, 2022, Vietnam’s shrimp export value to Canada had reached 100 million USD, up by 87% compared to the same period last year. Shrimp export to this market has recorded a considerable growth in the past two years, and is evaluated to have further opportunity to thrive in the near future.

(seafood.vasep.com.vn) After more than three years of application, super-intensive shrimp farming is considered a model that brings production efficiency and is expected to be expanded and developed soon.

(seafood.vasep.com.vn) Minh Phu Seafood Corp announced that the company aims at accounting for 25% of the world shrimp market share by 2045. This goal is projected to be achieved by Minh Phu through short, medium and long-term strategies, particularly the 2021-2025 strategy with the key objective being building a green and clean and sustainable shrimp value chain of Vietnam, with competitive prices compared to India, Indonesia and Ecuador, improving processing productivity and reducing COGS.