The creatures include shrimp, mud crab, clam and fish, with shrimp accounting for 60,000 tonnes.
The province breeds brackish water shrimp in more than 125,650ha of ponds adopting extensive, semi-industrial and industrial farming.
More shrimp farmers have switched from traditional industrial farming methods to environment-friendly industrial farming.
They use anti-sunlight nets to cover their shrimp ponds, plastic sheets to cover the breeding pond beds and equipment to pump additional oxygen into the ponds.
Besides the breeding ponds, they also have others for treating wastewater.
Le Viet Hai, who breeds shrimp in Go Quao district’s Thuy Lieu commune, has six ponds with a total area of 1,300sq.m and uses more than 10 ponds to treat wastewater in a closed cycle and the treated wastewater is used for breeding.
Under this model, shrimp get few diseases and are clean, the yields are high and the creatures fetch more than the market price.
His profit margin was 20 – 30 percent, he revealed.
The province encourages farmers to breed shrimp to Vietnamese good agricultural practice (VietGAP) standards and international standards.
Aquaculture and rice are its two key economic sectors.
According to Mai An Nhin, deputy chairman of the province People’s Committee, the agriculture sector has shifted to breeding aquatic species in areas where only one rice crop is grown a year and yields are low.
The province has also developed the rice – shrimp farming model since it can adapt to climate change and is environment-friendly.
Under the model, farmers plant rice in the rainy season and breed shrimp in the dry season on the same field.
The province has 92,000ha of such fields, mostly in coastal areas, the highest in the delta.
Currently the province is in the rainy season and the weather conditions are unfavourable for aquaculture.
Therefore, the department has taken drastic measures to prevent diseases that affect aquatic species.
It has instructed farming companies and farmers to treat water properly before releasing them into ponds to prevent diseases.
It has warned households that breed marine fish in cages to carefully monitor water quality and diseases and clean cages every seven to 10 days to increase the circulation of water in them and eliminate disease pathogens.
The households have also been told to provide additional nutrients to their fish to improve their immunity.
Many households in island districts like Phu Quoc, Kien Luong and Kien Hai earn high income from breeding marine fish in cages, mostly grouper and cobia, for both domestic consumption and exports.
Phan Van Luu in Kien Hai’s An Son commune earns 250 – 300 million VND (10,770 – 12,900 USD) a year from breeding cobia in nine 15sq.m cages.
His nine cages can contain around 1,400 cobia.
The fish can attain weights of 6 – 8kg after 9 – 10 months.
Traders buy cobia for 140,000 - 160,000 VND (6 – 7 USD) a kilogramme and the fish is preferred by many people.
The province had nearly 3,000 fish cages in the sea with an annual output of more than 1,400 tonnes at the end of last year.
It has successfully bred cobia fry to supply farmers, helping them breed quality fish.
VNS
(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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