At the working session, Chairman of the provincial People’s Committee Duong Thanh Trung briefed the delegation on the strength and potential of the local industry.
Bac Lieu has a reputation for its agriculture, with its spearheaded economic sectors being aquatic farming and seafood processing for export, Trung said.
The province has more than 130,000ha of shrimp farms, each hectare annually yielding more than 170 million VND (7,403 USD) of profit on average. In early 2018, it began the construction of a high-tech agricultural park for shrimp farming, which spans 419ha across Hiep Thanh commune. The entire project costs 3.217 trillion VND (138.33 million USD), considered the biggest of its kind in Southeast Asia and a step towards turning Bac Lieu into the centre of Vietnam’s shrimp industry.
The province also hopes to develop tourism development and calls for investment in the healthcare and private education sectors, the provincial leader added, mentioning the local potential for clean energies like wind and solar power.
Trung said he expects the field trip in Bac Lieu by the Israeli delegation will create favorable conditions for bilateral cooperation in the shrimp sector and other fields of common interest.
For his part, Youset Ayad said Nazareth city is looking for partnerships overseas and Bac Lieu in Vietnam is among its target destinations.
The delegation toured a number of local companies, which raise and process shrimps for export. They included the Viet Uc Bac Lieu JSC and Thien Phu Seafood Company.
VNA
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.
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