The project worth EUR2.5 million, funded by the European Union (EU) under the SWITCH-Asia programme, aims to promote sustainable economic prosperity and poverty reduction in Vietnam through improving social and environmental impacts of shrimp value chain development.
Vietnam's shrimp production provides a living for over a million of people and improves incomes for small scale producers who account for more than 80% of Vietnam's shrimp production.
The project targets small and medium enterprises (SME), shrimp producers and inhabitants in Soc Trang, Bac Lieu and Ca Mau provinces for a period of four years from March 2016 to February 2020.
It will facilitate a win-win collaboration among value chain stakeholders and empower the small scale farmers to engage effectively in the value chain for added benefit. The participatory process facilitated by the project allows surrounding communities to dialogue with shrimp value chain actors and hold them accountable for negative impact management.
Speaking about the project, Alejandro Montalban, Minister Counselor of the Delegation of the EU to Vietnam said the project would contribute to efficient resources utilisation, responsible production supply chains and practices, improved social and environmental conditions and reduced waste.
Besides the technical support, the project will work with project stakeholders to find solution to helping small scale shrimp producers and SME shrimp processors to be able to access adequate finances, including advocating favourable government credit policies, and empowering them to have a stronger voice in negotiations with other actors in the value chain, the EU official added.
Sustainable production practices and the successful collaborative models of shrimp value chain actors are expected to be documented for national level institutionalisation and be disseminated for nation-wide replication in Vietnam at the completion of the project, said Oxfam deputy country director in Vietnam Nguyen Thi Le Hoa.
The SWITCH Asia Programme started in 2007 is one of the European Commission actions to promote the green economy in Asia. The programme aims to identify and scale up successful Sustainable Consumption and Production (SCP) practices in Asia in order to induce a systematic change in consumption and production patterns and behaviour.
(vasep.com.vn) In the first quarter of 2026, Vietnam’s shrimp exports reached USD 1.069 billion, up 17.5% compared to the same period in 2025. This is a positive result amid an uneven global shrimp market recovery, intensifying competition among major suppliers, and continued volatility in the international trade environment. However, this growth does not reflect a broad-based recovery across the entire sector, but rather is driven mainly by strong performance in a few markets and specific product segments—most notably lobster exports to China.
(seafood.vasep.com.vn) Vietnam’s tuna exports continued to decline in March 2026. Cumulatively, in the first three months of the year, export value reached USD 208 million, down 4% compared to the same period in 2025. The export landscape shows clear divergence across markets: while the U.S. and EU remain challenging, markets such as Russia, the Middle East, Egypt, the Philippines, and Mexico have emerged as growth bright spots.
(seafood.vasep.com.vn) In Quang Ngai Province, shrimp farming costs are rising sharply due to लगातार increases in feed, fuel, and input material prices, while farm-gate shrimp prices are declining. This has significantly reduced farmers’ profit margins and increased production risks.
(seafood.vasep.com.vn) Vietnam’s tilapia exports are experiencing impressive growth, reflecting expanding global demand as well as the sector’s development potential. However, behind the strong growth figures lie limitations in production capacity and supply chains, highlighting the need for sustainable development in the coming period.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to the Middle East in 2025 and early 2026 have shown notable growth. However, escalating geopolitical tensions in the region have increasingly impacted export activities since March. This situation presents a challenge of balancing market expansion opportunities with rising trade risks.
(seafood.vasep.com.vn) The Quang Tri Department of Agriculture and Environment has instructed localities to base their stocking schedules on actual conditions in each farming area, while developing plans, allocating resources, and implementing synchronized measures for disease prevention and disaster risk management in aquaculture production.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s exports of fish cakes and surimi exceeded USD 45 million, up 7% compared to the same period in 2025, indicating a positive outlook for this product segment amid recovering demand in many markets.
(seafood.vasep.com.vn) During the week from April 4th to 10th, 2026, Quang Ngai province intensified its monitoring and law enforcement activities with the determination to eliminate illegal, unreported, and unregulated (IUU) fishing practices.
(seafood.vasep.com.vn) Thanh Hoa’s shrimp sector is undergoing a strong transformation by accelerating the adoption of high technology, helping to improve productivity, increase profits, and meet market demands. The province currently has about 4,100 hectares of shrimp farming, with output continuing to rise despite stable farming area, mainly due to the shift from traditional methods to intensive and super-intensive farming.
(vasep.com.vn) Amid ongoing volatility in global seafood trade, Vietnam’s crab exports have made a fairly positive start to 2026. According to Vietnam Customs statistics, export turnover in the first two months of 2026 reached nearly USD 55 million, up 24% compared to the same period in 2025 and more than 2.2 times higher than in the same period of 2024. This indicates that crab exports are entering 2026 with stronger growth momentum, particularly in Asian markets.
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