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.
(seafood.vasep.com.vn) By the end of 2025, Vietnam’s seafood industry had left a strong mark with export turnover reaching nearly $11.3 billion, up 12.4% year-on-year. This robust performance reflects not only a rebound in global consumption demand but also the agile adaptation of domestic firms in navigating increasingly stringent trade barriers.
(seafood.vasep.com.vn) According to the 2025 review and 2026 outlook conference held by the Directorate of Fisheries and Fisheries Surveillance on the afternoon of January 7, Vietnam’s seafood sector has set a total production target of over 10 million tons in 2026, representing a 0.6% increase year-on-year. Of this total, capture fisheries are projected at around 3.75 million tons (down 2.1%), while aquaculture output is expected to reach 6.25 million tonnes (up 2.2%) compared with 2025.
(seafood.vasep.com.vn) Sao Ta Food JSC (Fimex, Ticker: FMC) has announced its 2025 business results, reporting revenue of over $300 million (approximately 7.8 trillion VND), representing a 19.8% increase year-on-year; projected profit is expected to reach approximately 420 billion VND.
(seafood.vasep.com.vn) Vietnam’s fisheries sector concluded 2025 with landmark achievements: export turnover reached a record high, despite heightened volatility in global trade and increasingly stringent barriers from major markets, most notably the United States. Amid a mix of opportunities and challenges, the fisheries sector also witnessed important policy shifts. Together, these developments form a multifaceted picture of an industry proactively adapting and restructuring toward a trajectory of sustainable development.
(seafoos.vasep.com.vn) According to the Department of Agriculture and Environment of Vinh Long, the province’s shrimp farming area reached 69,800 hectares in 2025, including 7,500 hectares under high-tech farming models, 18,820 tons of black tiger shrimp and 293,000 tons of whiteleg shrimp.
(seafood.vasep.com.vn) Building on a robust growth momentum in 2025, Nghe An province has set a strategic goal to reach a total fisheries output of 270,000 tons by 2026, reinforcing its position as a key hub for aquaculture and exploitation.
(seafood.vasep.com.vn) Can Tho City statistics indicate that in 2025, following the merger of three former administrative entities - Can Tho, Hau Giang and Soc Trang - fisheries output in 2025 increased by 6.23% compared with 2024 with aquaculture production nearly 9.1 times higher than capture fisheries.
(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, Ca Mau province has achieved significant, comprehensive and substantive progress in combating IUU fishing in 2025, successfully fulfilling all tasks directed by the central government and strengthening fisheries governance. These efforts have established a solid foundation for the nationwide effort to lift the EC’s "yellow card" warning.
(seafood.vasep.com.vn) Ca Mau has exceeded its 2025 production targets, reaching nearly 595,000 tons of shrimp. This milestone reinforces the province’s position as Vietnam’s leading shrimp producer and a bright spot in the country’s seafood sector.
(seafood.vasep.com.vn) According to Vietnam Customs data, cumulative shrimp exports from the beginning of the year through November reached $4.3 billion, up 21% year-on-year, continuing to serve as the primary growth driver of the entire seafood sector. In November alone, export turnover amounted to $393 million, up 14%.
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