Aquaculture Area Overview
As of October 17, the total aquaculture area in Ca Mau covers 303,264 hectares, with shrimp farming occupying 278,615 hectares. The breakdown is as follows:
Extensive Shrimp Farming: The combined area for extensive shrimp farming (including shrimp-forest, shrimp-rice, and shrimp-crab-fish systems) totals 84,459.06 hectares. Currently, about 95% of this area is being stocked, as many farms undergo dredging and renovation. The area designated for stocking giant freshwater prawns is 17,794 hectares, with U Minh contributing 3,871 hectares and Thoi Binh 13,923 hectares.
Improved Extensive Shrimp Farming: As of October 17, the area for improved extensive shrimp farming has reached 187,621.8 hectares, surpassing the 2024 target of 187,000 hectares by 0.33% and reflecting a 4.24% increase from the previous year.
Intensive and Super-Intensive Shrimp Farming: The total area for intensive and super-intensive shrimp farming as of October 17 is 6,525.04 hectares across 7,378 households, achieving 95.96% of the 2024 plan (6,800 hectares) and increasing by 2.26% compared to last year.
Super-Intensive Shrimp Farming: The area for super-intensive shrimp farming has expanded by 9.1 hectares across 3 households in Nam Can district, bringing the total to 6,534.14 hectares across 7,381 households. This represents 96.09% of the 2024 target and is comparable to 99.05% of the area from the same time last year.
Intensive Shrimp Farming: The intensive shrimp farming area also increased by 9.1 hectares across 3 households in Nam Can district, reaching a cumulative area of 5,006.89 hectares among 5,078 farming households. This accounts for 96.29% of the 2024 target (5,200 hectares) and reflects a 5.12% increase year-over-year.
Giant Freshwater Prawn Farming: As of October 17, the area dedicated to giant freshwater prawn farming is 17,794 hectares, with U Minh contributing 3,871 hectares and Thoi Binh 13,923 hectares.
The data indicates a positive trend in both shrimp production and aquaculture expansion in Ca Mau, positioning the region as a significant player in the aquatic products sector. Continued growth in these areas suggests strong prospects for meeting future production targets.
(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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