Currently, stocking households have early entered the first batch of harvest. According to farmers, the situation of farming this year is basically more favorable than the same period last year. The salinity is not too high and the weather is not too harsh, so some households have achieved good results. In addition, there is a shortage of raw shrimp supply, so shrimp prices remain high, which is a good sign for shrimp farmers.
Promote to expand markets
Mr. Chau Cong Bang, Deputy Director of Ca Mau province's Department of Agriculture and Rural Development, said Ca Mau province had the largest aquaculture area in the country, with over 302,861 ha, accounting for 27.9% of the country’s area and 39% of the Mekong Delta’s. Annual production reaches 321,000 MT; Ca Mau shrimp is present in 60 countries and territories. At present, the province is promoting trade activities for seeking partners, expanding export markets to Western European countries and aiming at the potential market - India.
At present, the area of industrial shrimp farming is 9,664 ha. Of that, the area of super-intensive shrimp farming increased rapidly with nearly 1,000 hectares and the productivity reached 80-100 MT/ha/crop, contributing significantly to the export turnover of the province.
According to Mr. Tang Thai Xuyen, Director of MINH PHU MANGROVES, under Minh Phu Seafood Corp., to hit the turnover of US$1.1 billion by 2018, the fisheries sector needs to plan development of shrimp farming in a suitable way; change the structure and apply science and technology to bring about sustainable effect. In addition, it is necessary to speed up the application of science and technology, to ensure high quality seed, reduce costs, control disease and food safety as well as strengthen the international cooperation, remove technical barriers so that the fishery products of Vietnam in general and Ca Mau in particular can penetrate deeper and broader into the international market.
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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