Dong Thap is a province with a large area of pangasius farming and exporting in the Mekong Delta. However, in the value chain of the pangasius industry, the hatchery production stage still has many bottlenecks, causing the industry value chain to not fully promote its advantages.
Therefore, De Heus Co., Ltd wishes to implement the Aquaculture Value Chain Development Project in Binh Thanh Commune, Cao Lanh District. The project is expected to have a total area of about 26.8 hectares.
This company hopes that through the project, it will help farmers increase profits more, as well as the pangasius industry can promote its inherent potentials and advantages.
At the meeting, De Heus Co., Ltd. also asked the agricultural sector of Dong Thap province to support and encourage farmers in the area near the project to implement agricultural production according to biological processes. The purpose is to limit harmful chemicals released into the environment, affecting water sources in general as well as the water environment in aquaculture in particular.
Pangasius is one of Dong Thap's agricultural restructuring industries, with a farming area of about 2,100 hectares in 2021, pangasius output of over 486 thousand tons, seafood export turnover reaching $763.8 million and ranking 4th in the country. Therefore, Dong Thap needs to develop the aquaculture value chain, especially the breeding stage.
(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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