From the beginning of the year until now, Dong Thap province has brought the production value of pangasius to 1,407 billion dong, up by 9.01% over the same period in 2020, equivalent to 116 billion dong. The price of white pangasius size of 0.7-0.8 kg/pc is at more than 21,000 VND/kg. The reason for the increase in raw pangasius price is that the import markets have many positive signals; in which, the markets of China, America, EU, Southeast Asia ... started to have more orders. In addition, the COVID-19 epidemic is gradually being controlled, pangasius export has been operating stably, so the quantity of goods from pangasius processing enterprises has been consumed again. Up to now, many agricultural products of Dong Thap exported abroad and having access to markets with high standards such as the US, Europe, Japan, Korea ... have contributed to diversifying export products. and increase product value. In the first quarter of 2021, many key export products of the province all achiev
The Mekong Delta province of Bac Lieu plans to expand super - intensive shrimp farming as it is sustainable and offers high production value. The province, which is one of the country’s leading areas where shrimp is bred with advanced techniques, had more than 25,800ha of super-intensive and intensive shrimp farming areas last year. Super- intensive shrimp farming offers a high yield of 40 – 50 tonnes per hectare per crop and a profit of 1 billion VND (43,200 USD) per hectare for three shrimp crops a year. It has a success rate of 80 – 90 percent. It uses shrimp breeding ponds with oxygenation facilities, anti-sunlight nets and plastic sheets on the bed. The province has established a 418ha hi-tech agriculture zone for shrimp development in Bac Lieu city’s Hiep Thanh commune. About 90 percent of the construction of the hi-tech agriculture zone has been completed, and more than 30 companies have registered to invest in the zone. In the zone, four companies and 76 households breed white-legged shrimp under the super-intensive farming model on more than 160 ha. The zone will also produce shrimp fry and shrimp food to serve demand. Shrimp fry producers now produce 32 – 35 billion fry of white- legged shrimp and black tiger shrimp a year. Last year, aquaculture production faced challenges because of drought, saltwater intrusion and the COVID-19 pandemic, but its output and yield rose after the province took preventive measures and set up proper breeding schedules. The province’s aquaculture output and seafood catch reached 400,000 tonnes last year, including 200,000 tonnes of shrimp. Last year, the province’s fishery sector accounted for 58 percent of its agriculture production value. Luu Hoang Ly, director of the local Department of Agriculture and Rural Development, said: “To achieve better results in aquaculture production this year, the province has invested more in infrastructure for shrimp cultivation, properly regulating water resources for shrimp cultivation and strictly managing input materials and shrimp fry for shrimp cultivation.” Because saltwater intrusion in the ongoing dry season could occur in canals and ponds, shrimp breeders using super-intensive and intensive farming models should store fresh water in ponds and mix the fresh water with saline water in canals used for breeding shrimp, he said. Shrimp breeders should not release shrimp for breeding this month because of prolonged hot weather. Off-season rains could also cause sudden changes in the breeding environment, he added. To destroy disease pathogens and improve production efficiency, breeders should schedule a break between two shrimp crops, he said. Besides super – intensive and intensive shrimp farming models, the province has developed other environmentally friendly models like rice – shrimp and shrimp – forest farming to produce clean shrimp for export and local consumption. The province exported more than $800 million of seafood last year. It targets harvesting 414,400 tonnes of aquatic products from aquaculture and catches this year, up 3.6 percent against last year, according to the department. With a coastline of more than 56km, Bac Lieu has high potential for shrimp cultivation, especially brackish water shrimp. The province has more than 136,000ha of shrimp cultivation area.
Source: VNA
https://en.vietnamplus.vn/hightech-shrimp-farming-brings-high-profits-in-bac-lieu-province/200274.vnp
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam's tuna exports in October reached nearly $93 million, marking a 22% increase compared to the same period in 2023. In the first ten months of 2024, the total export value exceeded $821 million, up 18% compared to the same period last year.
(seafood.vasep.com.vn) According to Vietnam Customs data, pangasius exports to the EU reached USD 7 million in the first half of October 2024, marking a 27% year-on-year increase. As of October 15, 2024, cumulative exports to the EU totaled over USD 134 million, reflecting a slight 0.01% decrease compared to the same period last year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, pangasius export revenue in October 2024 reached nearly $202 million, a 17% increase compared to October 2023. The cumulative export value for the first ten months of the year totaled $1.7 billion, marking a 9% year-on-year increase.
(seafood.vasep.com.vn) Vietnam's exports of crabs and other crustaceans continued to see high growth in September 2024, with a 54% increase compared to the same period in 2023. In the first nine months of the year, exports of crabs and other crustaceans reached over USD 228 million, a 67% increase year-over-year.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached $394 million in October 2024, up 24%. In the first ten months of this year, shrimp exports brought in $3.2 billion, up 13% compared to the same period last year. Exports to all major markets recorded double-digit growth in October.
International Development and Investment Corporation (IDI), a key member of the Sao Mai Group, has consistently ranked among the largest seafood producers and exporters in Vietnam.
(seafood.vasep.com.vn) In recent years, the US has consistently been Vietnam’s largest seafood export market. Over the past five years, seafood export turnover to the US has ranged from 1.5 billion USD to 2.1 billion USD anually. Despite facing strict protective policies such as anti-dumping and countervailing duties, U.S. market demand remains high, and the quality of Vietnamese seafood continues to improve, helping to maintain and expand its position in this market.
(seafood.vasep .com.vn) The return of Donald Trump to the White House for a second term will bring significant impacts on Vietnam, particularly its pangasius export sector. Trump's economic policies, such as raising import tariffs, reducing corporate income taxes, and attracting foreign direct investment (FDI) back to the US, are expected to directly influence various industries in Vietnam.
(seafood.vasep.com.vn) The UAE ranked 16th among importers of Vietnamese shrimp from 2018 to 2022, accounting for approximately 0.5% of Vietnam's total shrimp export value. Annually, Vietnam exported around US$20 million worth of shrimp to this market.
(seafood.vasep.com.vn) The company also announced that its farms are well-prepared and will begin stocking in mid-November when the weather conditions are favorable.
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