On February 3, Secretary of Ca Mau Provincial People’s Committee Nguyen Tien Hai, Chairman of Bac Lieu Provincial People's Committee Pham Van Thieu, and heads of departments of Ca Mau and Bac Lieu came to inspect the first batch of shrimp at Bac Lieu High-tech Shrimp Production Complex.
The Bac Lieu High-tech Shrimp Production Complex, belong to Growmax Corporation, was established and put into operation nearly 7 months ago, with an area of about 200 ha, located in Long Dien Dong commune, Dong Hai district, Bac Lieu province.
After about 100 days of raising shrimp according to the high-tech, closed, water-recirculating model, using feed produced by the corporation, in the first harvest, the batch weighed about 21 pcs/kg.
According to Growmax Bac Lieu, at this complex, Growmax Corporation is working with the procedures to conduct projects such as: High-tech closed shrimp farming area with water recirculation system with a scale of about 500 ponds; Construction of a shrimp feed processing factory with a capacity of 230,000 tons/year and construction of a shrimp seed production area with a capacity of 3 billion seeds/year... This will not only serve Bac Lieu province but also target neighboring provinces, such as Ca Mau, Kien Giang and Soc Trang.
Speaking at the ceremony, the Chairman of Bac Lieu Provincial People's Committee praised the initial results achieved by the Bac Lieu Growmax Corporation. He said that Bac Lieu province was assigned by the focused on creating opportunities for businesses and shrimp farmers to develop high-tech shrimp farming models, especially in planned areas, prioritizing high-tech, closed, using water-recirculating models, such as the one that Growmax Corporation is deploying.
The Chairman of Bac Lieu Provincial People's Committee also committed to creating the best conditions for investors, including Growmax, to implement shrimp farming projects in the province, with the motto: "What is easy is for businesses, what is difficult must be done by the government".
According to Mr. Pham Van Thieu, Bac Lieu province has 3 main export items: shrimp, rice and salt. Accordingly, the main export item is shrimp, accounting for over 95% of the province's export turnover.
Currently, there are 48 seafood processing and exporting factories, with modern equipment and a capacity of about 294,000 tons/year. Shrimp products have been processed to meet standards of demanding markets such as the US, Japan, EU, China, Korea and many other markets in the world.
Also in 2023, Viet Uc Seafood Processing Factory has been completed and put into operation, initially exporting 46 tons of shrimp to the Korean market and is currently looking for new orders.
According to Lao Dong newspaper
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
(vasep.com.vn) Changing markets, shifting buyer demand, and increasingly complex trade barriers are raising a key question for Vietnam’s seafood industry: Where will the new growth opportunities lie in 2027–2029?
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