Checking the high-tech tra fish farming in the Mekong Delta province of An Giang on February 17, Cuong lauded the application of nanobubble aeration system and bakture powder catalyst to treat wastewater in tra fish breeding ponds in Nam Viet Joint Stock Company, which helps protect the environment while bringing more benefits to the farmers and contributing to the formation of complete value chain of the businesses.
Around 360 million high-quality fries, and some 200,000 tonnes of material tra fish are produced after Nam Viet deployed the technologies in an area of 600 hectares in Chau Phu district’s Binh Phu commune.
As the project helps Nam Viet ensure sufficient supply of materials for processing by itself, the firm can create a competitive edge over its competitors and gain higher yields from exports.
Minister Cuong asked the company to continue expanding the project, and ordered local authorities to facilitate the implementation of the project.
“If the project is carried out comprehensively, fry and environment issues are not big problems for the tra fish sector anymore”, he stressed.
On the occasion, Cuong also suggested local businesses invest heavily in intensive processing for high returns, and diversify foreign markets while paying more attention to the domestic one which boasts a population of nearly 100 million and tens of millions of international visitors each year.
Also, he said that the companies should study eel farming from mud taken from tra fish breeding ponds as they will make considerable gains from the model.
VNA
(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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