Minister of Agriculture and Rural Development Nguyen Xuan Cuong elaborated that these provinces own favourable conditions such as clean saltwater sources. Meanwhile, they are also tourism destinations which are a good market for shrimp consumption.
The region ranks second, behind the Mekong Delta, in terms of shrimp farming. Notably, the north central provinces own great potential for rearing white-leg shrimps, he noted.
The region has a large area of sand, between 12,000 – 14,600ha, on which shrimp farming will make use of infertile soil here.
The Government has issued development directions for the shrimp sector, targeting export revenue of 8-10 billion USD by 2025.
However, the central coastal provinces are also vulnerable to natural disasters like storms and flood which have affected local infrastructure, Cuong added.
There are currently nearly 696,000ha of brackish water shrimp farming in Vietnam, with a total output of more than 657,000 tonnes. Shrimp products have been exported to 90 foreign markets, bringing home more than 3 billion USD each year.
Fourteen central coastal provinces are farming shrimps in a total areas of more than 3,730ha, a strong increase from about 2,380ha in 2010, producing nearly 42,000 tonnes of shrimps. High productivity is recorded in Quang Nam, Quang Ngai, Binh Thuan and Ninh Thuan.
Minister Cuong asked the provinces to survey land that can be used for farming shrimps while ensuring environmental protection and the farming of other animals or crops.
Meanwhile, businesses should connect with each another and with farmers to develop shrimp breeding and farming technology, share experience and boost sales. Relevant ministries and sectors need to have planning for shrimp farming areas and work out development solutions for this industry, he added.
Source: 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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