Compared with the plan, export turnover only reached 87.6% and equal to 98.86% over the same period. However, in a year full of difficulties, this is a remarkable result and shows great efforts and dynamism of seafood enterprises. In 2021, Bac Lieu ranks 7th in the country in terms of seafood export turnover.
Bac Lieu province strives to achieve 920 million USD in export turnover in 2022 (of which, shrimp exports will reach over 893 million USD). To accomplish this goal, Bac Lieu will support enterprises to develop plans to maintain production and business, especially export processing enterprises, to prepare conditions to restore production in new normal context.
In particular, the province will pay attention to supporting production development to create a stable source of goods, ensure quality, and meet enough raw materials for export processing; Create favorable conditions for Viet Uc - Bac Lieu Joint Stock Company to soon complete and put into operation the project of a seafood processing factory in June 2022.
In 2021, Bac Lieu province has 47 seafood export companies. Leading the province is Ngoc Tri Food Processing Joint Stock Company, which specializes in shrimp exports with a turnover of about 60 million USD in the past year. Next is the Southern Shrimp Joint Stock Company with a turnover of nearly 55 million USD.
In addition, the top 5 seafood enterprises in Bac Lieu include Ngoc Trinh Bac Lieu Seafood Co., Ltd with sales of over 54 million USD, Seaprodex Minh Hai with 45 million USD and Trang Khanh Seafood Co.Ltd with over 40 million USD. These are all companies specializing in shrimp exports.
To get more detailed information about shrimp export situation in localities, shrimp exports of enterprises, please register for the Report on Vietnam's shrimp sector in 2016 - 2021, forecast to 2025.
(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.
(seafood.vasep.com.vn) To maximize natural advantages and increase the value of local aquatic products, Ca Mau province is promoting the ecological shrimp farming model under mangrove forests. This model not only brings high profits to people thanks to businesses committing to purchasing products at prices 10-20% higher than the market price but also aims for sustainable development and environmental friendliness.
(seafood.vasep.com.vn) The Comprehensive Economic Partnership Agreement (CEPA) between Vietnam and the United Arab Emirates (UAE) was signed after just over a year of negotiations. With high demand for premium seafood in the UAE, particularly for shrimp and tuna products, Vietnam’s tuna industry is expected to gain increased export opportunities and higher product value thanks to the preferential terms of the CEPA.
(seafood.vasep.com.vn) In October 2024, seafood exports from Vietnam are estimated to exceed $1 billion, marking a 28% increase compared to the same period last year. This achievement signifies the first return to the $1 billion milestone in 27 months, since June 2022, providing a significant boost for Vietnamese seafood enterprises.
(seafood.vasep.com.vn) Under the theme "Dong Thap Pangasius: Green Journey - Green Value," the Dong Thap Pangasius Festival 2024 will take place over two days, November 16th and 17th, at Vo Nguyen Giap Square in Hong Ngu City.
(seafood.vasep.com.vn) The Department of Agriculture and Rural Development of Kien Giang has announced a plan to stabilize the biosafety rice-shrimp production area at 117,340 hectares by 2030.
(seafood.vasep.com.vn) According to the Department of Fisheries in Ca Mau, the total aquatic product output in the region is estimated at 536,140 tons as of October 17, achieving 82.23% of the annual plan and marking a 1.74% increase compared to the same period last year. Within this total, shrimp production stands at 208,495 tons, reaching 82.41% of the planned target and showing a 2.23% increase year-over-year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, pangasius exports to Iraq have surged significantly in the first nine months of 2024, marking the highest levels seen in three years. This upward trend has positioned Iraq as a key market for Vietnamese pangasius, even surpassing Iran, traditionally regarded as a gateway for trade between Vietnam and the Middle East.
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