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) The outlook for Vietnam’s seafood exports remains positive, with a strong focus on maintaining growth in key markets like China and the U.S., while diversifying into new regions. As global trade policies continue to evolve, adaptability and strategic planning will be key to navigating the challenges ahead.
(seafood.vasep.com.vn) Thanks to improved pangasius prices and higher production, Vĩnh Hoàn's after-tax profit in Q4 2024 reached VND 440 billion, a 4.8-fold increase compared to the same period last year.
(seafood.vasep.com.vn) According to data from Vietnam’s Customs, in Q4 2024, Vietnam’s pangasius exports to China & Hong Kong reached USD 163 million, a 17% increase compared to the same period in 2023, with consistent growth across all months. The total value of pangasius exports to China & Hong Kong for 2024 reached USD 581 million, a 1% increase over the previous year.
Vietnam’s seafood exports are projected to maintain strong growth this year, potentially reaching 11 billion USD.
(seafood.vasep.com.vn) In the final quarter of 2024, Vietnam’s surimi and fish cake exports showed consistent growth over the last three months. For the entire year 2024, exports of these products reached USD 298 million, down 2% compared to 2023. However, the final quarter saw more promising signs for the surimi and fish cake export sector, with some markets experiencing notable growth, such as Thailand, China, and Taiwan. Particularly, exports to Taiwan, which had seen continuous declines in the previous two quarters, surged by 301% in this quarter.
(seafood.vasep.com.vn) Another year of pride for Vietnam's pangasius exports has concluded, reaching over USD 2 billion and contributing 20% to Vietnam's total seafood export turnover.
Vietnam maintained its position as the fifth-largest seafood exporter to Singapore for 12 consecutive months, surpassing Japan for the first time in 2024, amid the intensifying competition in this market.
(seafood.vasep.com.vn) Despite facing numerous challenges in the second half of the year, Vietnam's canned tuna exports concluded 2024 with a 17% increase compared to 2023, reaching USD 299 million. To maintain this growth momentum in 2025, the canned tuna production and export sector requires coordinated efforts from all stakeholders.
SSI forecasts a 28% year-on-year increase in after-tax profit attributable to the parent company of Vinh Hoan Corporation (VHC), driven by a gradual improvement in average selling prices from USD 3.15/kg in 2024 to USD 3.30/kg (+5%) in 2025. An Giang Fisheries Import-Export Joint Stock Company (ANV)'s after-tax profit attributable to the parent company is projected to rebound by 104%.
In 2025, the Mekong Delta province of Bac Lieu aims to earn 1.2 billion USD from exporting shrimp, one of the key export products that accounts for over 95% of its total export value.
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