The Southwest Steering Committee, the region, which is the national hub of fisheries, is carrying out a breeding programme during the next three years. The groups will meet all the demands for fisheries in freshwater, saltwater and brackish water.
The plan is to, step-by-step, modernise the breeding of acquaculture species and thus help revive the local economy.
The committee says the programme will produce 35 billion breeding prawns, more than 500 million crustaceans, such as crabs of different kinds, more than 11 billion molluscs, such as shellfish and oysters.
It will also produce more than 3.5 billion breeding prawns, 700 million breeding catfish, over 500 million breeding tilapias (a local fish) and more than 12 billion breeding fish of other kinds.
To achieve their aims, Cuu Long Delta provinces will upgrade equipment at aquatic breeding centres.
This means building a freshwater aquatic breeding centre in Cai Be District, Tien Giang Province; three level-one breeding centres in the provinces of Ca Mau, Bac Lieu and Kien Giang – and three level-one centres for freshwater aquatic breeding in the provinces of Can Tho, An Giang and Dong Thap.
In provinces with estuaries, such as Tien Giang, Ben Tre, Bac Lieu and Tra Vinh, mollusc breeding farms will supply the local industry to reduce the exploitation of natural shellfish.
Under the programme, all 13 provinces in the region will build new or improved breeding centres with modern technology to meet local and overseas demands.
The provinces must also improve management quality so that any epidemics can be quickly brought under control. They must also develop their own labels and trademarks.
The provinces must also enhance the quality of their staff by providing more training which can be transferred to other farmers.
At present, the Cuu Long (Mekong) Delta needs tens of billions of breeding prawns and fish every year, but the 1,500 breeding farms can only meet a small portion of this.
(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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