The province sets the target based on its natural advantages, including 56km of coast and three big river mouths and three eco-systems of salt, brackish and fresh water. Nearly half of the province’s natural area (257,000 sq. km) can be used for shrimp breeding. Bac Lieu currently produces 115,800 tonnes of shrimp a year, ranking third in the country.
Towards the goal, the provincial administration has issued resolutions and policies to stimulate the growth of this spearhead industry. The Government’s approval of the establishment of a hi-tech shrimp farming zone in Bac Lieu provides another important condition for the province to become a national shrimp farming centre.
Secretary of the provincial Party Committee Nguyen Quang Duong said the province is accelerating the restructuring of agriculture in the direction of industrialization and modernization, promoting investment in and the application of scientific-technological advances, especially bio-technology, to raise agricultural productivity, quality, efficiency and competitiveness, and strengthening the linkage between farming, processing and marketing.
As a result of those policies, 10 companies and 300 households in Bac Lieu have applied technology in shrimp farming on a total area of 1,600 ha, which produce from 25-50 tonnes of products each farming season and high profit of between 500-700 million VND (around 21,500 – 30,000 USD) per ha per season.
Bac Lieu is leading the Mekong Delta and the country as well in producing high-quality shrimp fry with an output of 25 billion fry a year, accounting for more than half of the Mekong Delta’s output and one quarter of the country’s.
The province is also a hub of shrimp processing, ranking third in the country in total design capacity of local factories.
Bac Lieu has been chosen by the Ministry of Agriculture and Rural Development to develop shrimp farming in accordance with criteria set by the World Organisation for Animal Health (OIE).
A shrimp farm of the Viet-Uc Seafood Corporation in the province has become the first in Vietnam to meet OIE-recommended standards set for a disease-free shrimp breeding facility.
Experts said this is a big step forward for the shrimp industry, giving Vietnam’s shrimp the “gold ticket” to enter markets with strict import requirements in the world.
Chairman of the provincial People’s Committee Duong Thanh Trung said the province will continue to expand the area of shrimp farming following international standards such as Natuland, GlobalGAP, ASC and BAP, thus enhancing local shrimp products’ value and achieving sustainable development.
Under the province’s shrimp farming development plan, the area of shrimp farming will be expanded by an average 0.38 percent a year during 2021-2025 to 141,000 ha, including nine hi-tech farming zones.
The annual shrimp output from farming will increase to an estimated 251,000 tonnes. In addition, seafood catches are projected at 125,000 tonnes.
The industry and trade department forecast that shrimp export will earn the province 606 million USD this year, up 14 percent from 2017.
VNA
SSI forecasts a 28% year-on-year increase in after-tax profit attributable to the parent company of Vinh Hoan Corporation (VHC), driven by a gradual improvement in average selling prices from USD 3.15/kg in 2024 to USD 3.30/kg (+5%) in 2025. An Giang Fisheries Import-Export Joint Stock Company (ANV)'s after-tax profit attributable to the parent company is projected to rebound by 104%.
In 2025, the Mekong Delta province of Bac Lieu aims to earn 1.2 billion USD from exporting shrimp, one of the key export products that accounts for over 95% of its total export value.
(seafood.vasep.com.vn) The Report on Vietnam Pangasius Sector 2015–2024, produced and released by the Vietnam Association of Seafood Exporters and Producers (VASEP) in January 2025, is expected to provide enterprises, importers, and government agencies with a comprehensive overview of key developments in Vietnam's pangasius production and export over the past decade. In addition to highlighting achievements, the report identifies existing challenges and analyzes future opportunities and threats for the pangasius industry.
(vasep.com.vn) Overcoming two years of fluctuation in both export markets and domestic production, Vietnam's pangasius industry has demonstrated resilience, adaptability, and a strong determination to seize opportunities and boost exports to various markets. As a result, in 2024, pangasius exports reached USD 2 billion, a 9% increase compared to 2023. This achievement is a source of pride for Vietnam's aquaculture and agriculture sectors.
(seafood.vasep.com) Speaking at a conference to implement the 2025 plan of the Ministry of Agriculture and Rural Development, Prime Minister Pham Minh Chinh urged the agricultural sector to strive for a total export turnover of agricultural, forestry, and fishery products reaching $70 billion by 2025.
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
In 2025, seafood exports are expected to continue to grow better and could reach 11 billion USD as in 2022. However, this is also the year the seafood industry will face challenges, including increased competition from other countries, trade wars and market barriers...
(seafood.vasep.com.vn) On the afternoon of December 25, at Toan Thinh Conference Center (Soc Trang City), the Soc Trang Fisheries Sub-department, under the Department of Agriculture and Rural Development of Soc Trang, held a conference to review the 2024 aquaculture activities and outline the brackish water shrimp farming plan for 2025. The event was attended by Ms. Quach Thi Thanh Binh, Deputy Director of the Department of Agriculture and Rural Development of Soc Trang.
The Mekong Delta province of Soc Trang aims to achieve export value of over 1.9 billion USD in 2025 by boosting production and processing of key products such as seafood, high-quality rice, fruits, and garments.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
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