Intensive processing helps Vietnamese shrimp gain competitive edge

News 09:02 01/11/2018
Intensive processing has served as an effective tool for Vietnamese shrimp exporters to improve their competitive capacity in the context of a steep increase in the global supply which brought down the price and demand for shrimp in major markets.

According to Ho Quoc Luc, former Chairman of the Vietnam Association of Seafood Exporters and Producers (VASEP) and Chairman of Sao Ta Foods JSC, Vietnamese firms are capitalising on their processing strengths to increase the added-value of their products.

Currently, Vietnam houses 100 processing plants with total average capacity of some 500,000-700,000 tonnes of shrimp each year, which are able to double their scale in just a short period of time. Meanwhile, large-scale plants like Minh Phu, Vinh Hoan, and Hung Vuong equipped with state-of-the-art technologies can satisfy the demands of giant distributors, he said.

Thanks to the well-developed processing industry, Vietnamese shrimp has been favoured by foreign purveyors, said Tran Van Linh, Chairman of Thuan Phuoc Seafoods and Trading Corporation. He added that more foreign customers are buying Vietnamese processed shrimp as several free trade deals come into force, helping the products take full advantage of tax preferences in foreign markets.

Although the processing industry brings lucrative business to local firms, they could earn more if their shrimp materials were sold as cheap in that in India, Ecuador, and Indonesia.

To compensate for high material costs and lower production costs, many leading seafood firms are investing heavily in advanced technologies and equipment. Thuan Phuoc and Minh Phu seafood corporations have made their processing line automated to cut labour costs and increase productivity.

Experts said that the Government should take suitable measures to assist the shrimp industry in planning, infrastructure investment, and control of the trading of antibiotics and other harmful chemicals in the market towards sustainable shrimp development in the future.

VNA

Bạn đang đọc bài viết Intensive processing helps Vietnamese shrimp gain competitive edge tại chuyên mục News của Hiệp hội VASEP

TIN MỚI CẬP NHẬT

Creating momentum for double-digit growth

 |  08:45 30/07/2026

(seafood.vasep.com.vn) Vietnamese seafood exports recorded impressive growth, generating nearly 6 billion USD in revenue during the first six months of the year, up 13% compared with the same period last year.

In the first six months of the year, Ha Tinh province earned over 1.2 trillion VND from seafood exploitation

 |  14:55 28/07/2026

(seafood.vasep.com.vn) Fishermen in Ha Tinh are gradually overcoming difficulties to maintain the efficiency of seafood exploitation. In the first six months of 2026, the entire province achieved a production of more than 23,000 tons of seafood, worth more than 1,200 billion VND.

Tuna exports in the first half of 2026: One month of strong growth is not enough to ease mounting pressure

 |  08:35 26/07/2026

(seafood.vasep.com.vn) June 2026 brought encouraging signs for Vietnam's tuna exports, with export value rising 20% year-on-year to nearly USD 72 million. However, this increase has yet to offset the prolonged slowdown seen in key markets such as the European Union (EU), where import demand remains weak. The outlook for the second half of the year is expected to become more challenging as freight rates continue to climb.

Vietfish 2026 Domestic B2B Program: connecting supply and demand to bring high-quality Vietnamese seafood closer to local consumers

 |  15:24 24/07/2026

(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the Vietnam Association of Seafood Exporters and Producers (VASEP), in collaboration with the Agency for Domestic Market Management and Development under the Ministry of Industry and Trade, will organize the Domestic Seafood Supply–Demand Matching Program on the morning of August 20, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City. The program aims to foster direct business connections between Vietnamese seafood producers and processors and domestic distributors, retailers, and foodservice channels.

Vietfish 2026 Cooking Show: Telling the story of Vietnamese seafood through culinary experiences

 |  15:15 24/07/2026

(seafood.vasep.com.vn) The Cooking Show will be one of the most engaging experiential highlights of Vietfish 2026. Taking place over three days, from August 19–21, 2026, at Hall B1, SECC, Ho Chi Minh City, the event will offer visitors a vibrant culinary space where Vietnamese seafood is showcased through its flavors, stories, and real-life culinary applications.

Vietnam's pangasius exports reach USD 1.1 billion in the first half of 2026

 |  08:16 23/07/2026

(seafood.vasep.com.vn) Vietnam's pangasius exports reached USD 205 million in June 2026, up 5% compared with the same month in 2025. Cumulative export value for the first six months of the year totaled USD 1.1 billion, an increase of 12% year-on-year. Growth was primarily driven by strong demand from China and CPTPP markets, while exports to the United States and Brazil continued to decline.

Strengthen control over fishing vessels and trace the origin of harvested seafood.

 |  09:34 21/07/2026

(seafood.vasep.com.vn) In the first six months of 2026, Ha Tinh province continued to implement comprehensive solutions to combat IUU fishing; strictly manage the fishing fleet, control fishing vessels entering and leaving ports, operate vessel tracking devices, trace the origin of seafood, and severely punish violations.

Tilapia Exports Surge but Begin to Slow in June

 |  14:45 20/07/2026

(seafood.vasep.com.vn) Vietnam's tilapia exports reached USD 7 million in June 2026, down 32% compared with the same month in 2025. Nevertheless, thanks to strong growth in the first five months of the year, cumulative tilapia exports in the first half of 2026 totaled USD 69 million, up 67% year on year.

Sa Giang Honored with "Famous Brand - Competitive Vietnamese Brand 2026" Certification

 |  14:48 18/07/2026

(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), has been honored with the "Famous Brand - Competitive Vietnamese Brand 2026" certification at an award ceremony organized by the Vietnam Intellectual Property Association (VIPA).

China has become the largest importer of Vietnamese seafood.

 |  12:47 17/07/2026

(seafood.vasep.com.vn) China imported nearly $1.4 billion worth of Vietnamese seafood in the first half of the year, a 40% increase compared to the same period last year, surpassing the US to become the largest export market for the industry.

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

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC