The southernmost province of Ca Mau is applying itself to developing intensive and super-intensive shrimp farming along with alternative shrimp - rice culture and integrated shrimp - forest cultivation models under international standards.
Le Thanh Trieu, Director of the provincial Department of Agriculture and Rural Development, said shrimp farming will be modernised by promoting scientific application to improve productivity, quality, effectiveness, and food safety while also protecting the environment.
More investment will be poured into intensive farming to help the province maintain its leading position in Vietnam in shrimp farming, he noted.
From now to 2025, the local shrimp farming area will stay at about 280,000 ha, generating an annual output of 700,000 tonnes, up 3.5 percent each year on average.
Five super-intensive shrimp farming zones will be formed, with 1,000 ha gaining international certification. Meanwhile, about 10,000 ha of intensive and semi-intensive farming will be developed in areas with favourable conditions, including 500 ha that meet international standards, according to Trieu.
Resources are also being invested in the alternative shrimp - rice culture model, which suits local soil conditions and can help improve shrimp output, he said, noting that the province is looking to have about 40,000 ha of this type of farming by 2025, including 10,000 ha of certified organic farming.
The official added that the integrated shrimp - forest cultivation model, which is suitable for areas with mangrove forests, will also be expanded. Shrimp, together with crab, blood cockle, and fish, will be farmed organically in these mangrove forests, helping to improve the local shrimp industry’s value and competitiveness in both domestic and foreign markets.
Ca Mau is currently home to 19,000 ha of shrimp culture models meeting international standards such as GlobalGAP, Naturland, Best Aquaculture Practices, and Selva Shrimp. About 4,200 farming households are taking part in these farming models, with certified shrimp output topping 10,000 tonnes each year.
The province’s fishery output grew some 4.1 percent annually between 2014 and 2020. It was estimated at 600,000 tonnes last year, including 210,000 tonnes of shrimp, up 4.7 percent year-on-year.
(seafood.vasep.com.vn) The US remains Vietnam’s largest single market for shrimp imports, accounting for 20% of Vietnam's total shrimp exports globally. As of October 15th, 2024, Vietnamese shrimp exports to the US reached nearly 600 million dollas, marking a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) According to Vietnam Customs, pangasius exports to Canada reached over 1 million USD in the first half of October 2024, a 33% decrease compared to the same period last year. However, by October 15, 2024, total pangasius exports to Canada had reached 32 million USD, reflecting a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) Cà Mau is accelerating its digital transformation, developing green industries, and promoting high-tech processing of agricultural and aquatic products, with a focus on sustainable economic growth and environmental protection.
(seafood.vasep.com.vn) The Dong Thap Pangasius Festival 2024, themed 'Dong Thap Pangasius: Green Journey - Green Value', will take place on November 16-17 in Hong Ngu City.
The positive business momentum in the domestic seafood sector could last into the first half of 2025, according to experts.
(seafood.vasep.com.vn) In the first three quarters of 2024, brackish water shrimp production exceeded 1.1 million tons, with export revenue reaching $2.8 billion. The seafood industry has set a target of $4 billion for shrimp exports for the entire year.
While the price of 1 kg of shrimp hovers around 20 USD, the value of 1 kg of chitosan—extracted from shrimp—can soar to 500 USD. This highlights a significant challenge within the seafood processing industry.
(seafood.vasep.com.vn) By October, Vietnam's shrimp exports had generated nearly $3 billion, reflecting an increase of over 10% compared to the same period last year. Shrimp remains the leading commodity contributing to the export turnover of the entire seafood industry.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX VN - HoSE: FMC) concluded Q3/2024 with significant growth in revenue. Specifically, Sao Ta Food recorded revenue of VND 2,845 billion, a 58.6% increase year-on-year. The company's profit after tax reached VND 95 billion, up 6.2%.
VASEP's Seafood Export Report for the third quarter of 2024 provides a comprehensive overview of Vietnam's seafood export performance in the first nine months, with impressive results reaching $7.2 billion—an increase of 9% over the same period last year. In the third quarter alone, seafood exports grew by 15%, totaling $2.8 billion. This growth is attributed to a recovery in demand and prices in key markets such as the U.S. and China, as well as the competitive advantage of value-added products in markets like Japan and Australia.
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