Accordingly, striving to 2020, the total area of brackish shrimp farming in the Mekong Delta will be 650,000 hectares. Of which, tiger shrimp will be 560,000 hectares; White leg shrimp will hit 90,000 hectares. Total production of brackish shrimp culture in the whole region will be estimated at 700,000 - 825,000 MT, the export value will achieve at US$4 billion.
In fact, in recent years, Vietnam's seafood industry has made great progress, becoming the world's third largest export country. Typically in 2018, the export turnover reached US $ 9 billion, accounting for 4% of the total export turnover of the whole country, ranked 6th among the main export categories of Vietnam. In particular, brackish water shrimp export turnover has reached over US$3.5 billion annually, playing an important role in overall growth of the country and contributing to solving labor and employment issues, stabilizing political and social security.
Up to now, Bac Lieu province has promoted economic restructuring and production transformation, the potential strengths of each industry and region. This method has initially been effective, making an important contribution to maintaining the growth rate of the local economy.
Particularly in Bac Lieu province, there were about 140,000 hectares of aquaculture in 2018. Aquaculture production reached over 227,000 MT, worth of VND 11,000 billion, contributing to raising the value of agricultural, forestry and fishery production in the province and accounting for about 42% of the province's GRDP value.
It is estimated that in 2019, the total production of aquaculture and fishing in Bac Lieu province will reach 365,000 MT. Thus, the province's agriculture sector will grow by 5.1%, contributing to the overall economic growth of the province in 2019 to 10.61%.
Mr. Luu Hoang Ly, Director of Bac Lieu Department of Agriculture and Rural Development, said that Bac Lieu is currently actively investing in building infrastructure of high-tech agriculture zone to develop Bac Lieu shrimp. This is an important premise, step by step building Bac Lieu to become a shrimp industry center of the country according to the Prime Minister's conclusions.
Mr. Duong Thanh Trung, Chairman of Bac Lieu People's Committee, said that in the coming time, Bac Lieu province will focus on building high-tech application farming areas as planned. To strive for the target that by 2020, there will be 4 or more high-tech aquaculture zones, including 3 areas for aquaculture and 1 area for producing aquatic breeds.
By 2025, the locality will have 10 or more high-tech aquaculture zones (9 aquaculture areas and 1 aquaculture seed production area), contributing to bringing the seafood export turnover of Bac Lieu province by 2020 to US$750 million and by 2025 to reach US$1 billion.
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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