(seafood.vasep.com.vn) To help Vietnamese shrimp brands make a mark on the international market is still a big goal for the whole industry. Vietnam's shrimp industry has many opportunities for growth, but also countless challenges. One of the big challenges is chain linkage, closing the entire production process to control the quality of output products. This is the key to improving the value of Vietnamese shrimp exports to demanding markets.

(seafood.vasep.com.vn) Over the past time, the aquaculture sector in Ben Tre has maintained a quite stable development, with more than 50,000ha of potential aquaculture area. By the end of 2022, Ben Tre’s aquaculture area was 47,590ha; total farming production reached 310,015 tons. Main farmed species included 83,100 tons of brackish water shrimp, 14,900 tons of molluscs, 203,000 tons of pangasius, over 90% of the farmed output has high economic value for export processing. Ben Tre has 13 seafood processing factories for export with a designed capacity of more than 150,000 tons. Seafood export output in 2022 increased by 14.02%. Currently, Ben Tre is calling for investment in a shrimp processing plant to process raw shrimp products of the province.

(seafood.vasep.com.vn) According to the April socio-economic report of Ca Mau province, the province's total seafood volume in April reached 54,240 tons, up 5.18% over the same period in 2022. In which, the shrimp output reached 21,850 tons, up 8.58% over the same period in 2022, equivalent to 21% of Vietnam's total shrimp volume in April 2023.

(seafood. vasep.com.vn) According to statistics of Korea Customs, Korea's import of frozen fish cakes/surimi in March 2023 reached nearly 9 thousand tons, down 35% compared to the same period in 2022. In the first quarter of 2023, the import turnover of this product group reached nearly 34 thousand tons, a decrease of 4%.

(seafood.vasep.com.vn) On the morning of June 24, Minh Phu Seafood Corporation (MPC code - UPCoM) held the Annual General Meeting of Shareholders in 2023.

(seafood. vasep.com.vn) According to statistics of Korea Customs, Korea's import of frozen fish cakes/surimi in March 2023 reached nearly 9 thousand tons, down 35% compared to the same period in 2022. In the first quarter of 2023, the import turnover of this product group reached nearly 34 thousand tons, a decrease of 4%.

(seafood.vasep.com) Although negative growth is inevitable in the general decline trend of Vietnam's seafood exports, the export value of cephalopods recorded a slighter decrease compared to other key export seafood products.

(seafood.vasep.com.vn) After a continuous decline in the fourth quarter of 2022, Vietnam's tuna exports to the US in the first three months of 2023 continued to fall deeply. Tuna export turnover to this market in this period decreased by 53%, reaching 64 million USD.

(seafood.vasep.com.vn) Ca Mau province has a vision by 2030 to develop an area of about 250,810 hectares for black tiger shrimp farming, and 9,190 hectares for whiteleg shrimp farming.

(seafood.vasep.com.vn) The average price of Vietnamese pangasius exports to the Chinese market decreased by 10% over the same period last year, from $2.42/kg in 2022 to $2.19/kg. The two main product lines exported to China are frozen pangasius fillets and cuts (HS code 0304) accounting for 68% of the value with more than 91 million USD, down 32% over the same period last year and fresh pangasius/ frozen/dried whole, cut into pieces (except fish under code 0304) accounted for 32% with nearly 42 million USD, up 7% over the same period in 2022.

(seafood.vasep.com.vn) Vietnam's shrimp exports in March 2023 reached 265 million USD, down 33% compared to the same period last year. Accumulated in the first 3 months of the year, exports reached 600 million USD, down 37%.

(seafood.vasep.com.vn) According to statistics of Vietnam Customs, in the first quarter of 2023, Vietnam's pangasius exports to China and Hong Kong markets decreased by 22% to nearly 143 million USD. In which, pangasius exports to China reached 133 million USD, down 23% over the same period last year. Despite the decline, China still ranks first in the top markets for importing Vietnamese pangasius.

(seafood.vasep.com.vn) In the first quarter of 2023, Vietnam’s pangasius exports brought in $422 million, a decrease of 35% over the same period last year. Global food inflation along with high inventories has caused a fall in demand and import prices, which has negatively affected export sales of Vietnamese pangasius in many major markets.

(seafood.vasep.com.vn) After growing in February 2023, Vietnam's exports of fish cakes and surimi in March reversed and decreased over the same period. The export value of this product group in March only reached 25 million USD, down 28%. In the first 3 months of 2023, the export turnover of fish cakes and surimi was nearly $68 million, down 23%.

(seafood.vasep.com.vn) After reaching a peak in 2022, Vietnam's tuna exports to Peru continue to grow strongly in the first months of 2023. Peru is currently a major tuna import market of Vietnam, ranks 13th in the top largest tuna importer.