As of 15th Mar 2017, the number of fishing establishments in the locality totaled 1,763 units, with 1,678 vessels with a combined capacity of 167,930 CV, an average of 99.67 CV per vessel. Of that, ships and boats with the capacity of under 20 CV were 880 units (9,195 CV), an average of 10.42 CV per ship; those with the capacity from 20 to under 45CV were 344 units (9,400 CV), an average of 27.24 CV per ship; those with the capacity of between 45CV and under 90CV were 121 units (7,680 CV), an average of 61.93 CV per ship; and those with the capacity of 90 CV or more were 333 units (141,655 CV), an average of 424.12 CV per ship.
Fishery production of the province in QI/2017 reached 9,891 MT, up 0.32% over the same period last year. Of that, capture output estimated at 9,527 MT, up 0.39%; and aquaculture production estimated at 300 MT, down 1.98% over the same period in 2016.
Despite the year-on-year reduction of 1.98%, aquaculture activities in the locality were quite favorable with total volume in the first three months in 2017 of 300 MT, in which, there were 9.82 MT of shrimp.
Compiled by Dieu Thuy
(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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