According to statistics, shrimp processing and production brought Ca Mau about 1 billion USD, but mainly only vannamei shrimp, while black tiger shrimp, organic shrimp and organic shrimp still had a big room to dominate the market.
According to the Department of Agriculture and Rural Development of Ca Mau province, the province has more than 280,000 hectares of shrimp production, accounting for about 40% of the nationwide shrimp farming area. The annual harvest is estimated at 180,000-200,000 tons, accounting for about one-third of the country's shrimp export value. In 2020, Ca Mau's shrimp export turnover will reach about 1.2 billion USD, exported to 90 countries and territories. Ca Mau province determined that shrimp plays a very important role in the closed socio-economic development chain, including the development of seafood processing and export; branding and tourism development in Ca Mau; application of high-tech agricultural development technology, raising the value of agricultural products. Therefore, leaders of Ca Mau province have many policies to attract businesses to invest in this field.
Mr. Chau Cong Bang, Deputy Director of Ca Mau Department of Agriculture and Rural Development, shared that out of the total shrimp production area in the province, the area of organic shrimp production in mangroves is about 80,000ha, and organic shrimp under shrimp-rice model is about 50,000ha, improved extensive shrimp about 153,000ha, intensive shrimp about 8,500ha, including about 3,000ha of super-intensive shrimp. With this potential, the shrimp industry has brought Ca Mau about 1 billion USD annually.
Despite holding a great strength in the shrimp industry nationwide, the Ca Mau shrimp production, processing and export industry is still holding a small market share in the world market. According to the Food and Agriculture Organization of the United Nations (FAO), the global shrimp market is currently worth about 40 billion USD. Among them, the shrimp trade value is estimated at 28 billion USD, mainly the consumption of vannamei shrimp. Therefore, black tiger shrimp, organic shrimp and organic shrimp still have a lot of room to dominate the market.
Mr. Le Van Quang, Chairman of the Board of Directors of Minh Phu Seafood Corporation, assessed that the shrimp industry in the country in general and the shrimp industry in Ca Mau in particular should be properly assessed for its potential and strengths. Currently, in addition to the strength of high-quality shrimp, diversification of raw shrimp lines and processed product lines, there is also the strength of the country's shrimp processing technology, as well as the ability to apply processing technology into shrimp production of Ca Mau enterprises.
Thanks to these strengths, despite responding to the COVID-19 epidemic, while focusing on socio-economic development, Ca Mau shrimp processing and exporting enterprises have joined with farmers to increase seafood export turnover of Ca Mau in the first 4 months of 2021 to $240 million, up more than 13% over the same period last year.
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.
(seafood.vasep.com.vn) The Report on Vietnam Pangasius Sector 2015–2024, produced and released by the Vietnam Association of Seafood Exporters and Producers (VASEP) in January 2025, is expected to provide enterprises, importers, and government agencies with a comprehensive overview of key developments in Vietnam's pangasius production and export over the past decade. In addition to highlighting achievements, the report identifies existing challenges and analyzes future opportunities and threats for the pangasius industry.
(vasep.com.vn) Overcoming two years of fluctuation in both export markets and domestic production, Vietnam's pangasius industry has demonstrated resilience, adaptability, and a strong determination to seize opportunities and boost exports to various markets. As a result, in 2024, pangasius exports reached USD 2 billion, a 9% increase compared to 2023. This achievement is a source of pride for Vietnam's aquaculture and agriculture sectors.
(seafood.vasep.com) Speaking at a conference to implement the 2025 plan of the Ministry of Agriculture and Rural Development, Prime Minister Pham Minh Chinh urged the agricultural sector to strive for a total export turnover of agricultural, forestry, and fishery products reaching $70 billion by 2025.
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
In 2025, seafood exports are expected to continue to grow better and could reach 11 billion USD as in 2022. However, this is also the year the seafood industry will face challenges, including increased competition from other countries, trade wars and market barriers...
(seafood.vasep.com.vn) On the afternoon of December 25, at Toan Thinh Conference Center (Soc Trang City), the Soc Trang Fisheries Sub-department, under the Department of Agriculture and Rural Development of Soc Trang, held a conference to review the 2024 aquaculture activities and outline the brackish water shrimp farming plan for 2025. The event was attended by Ms. Quach Thi Thanh Binh, Deputy Director of the Department of Agriculture and Rural Development of Soc Trang.
The Mekong Delta province of Soc Trang aims to achieve export value of over 1.9 billion USD in 2025 by boosting production and processing of key products such as seafood, high-quality rice, fruits, and garments.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn
