In the first 10 months of 2024, Soc Trang's total aquaculture area reached 71,848 hectares, a modest increase of 0.18%. The estimated output for the year was 358,270 tons, marking a 3.28% rise compared to 2023. Brackish water shrimp, a key product, ranked third in Vietnam for both total area and yield in 2023, producing 206,334 tons across 53,511.3 hectares.
According to Mrs. Quach Thi Thanh Binh, Deputy Director of the Department of Agriculture and Rural Development of Soc Trang, the fisheries sector has experienced rapid and robust growth. Seafood production increased from 68,514 tons in 2013 to 206,334 tons in 2023, with intensive and semi-intensive shrimp farming accounting for 90% of the area. However, this growth has led to challenges such as environmental degradation, disease outbreaks, and excessive chemical use. Additionally, a portion of the population still practices small-scale shrimp farming, often with limited technical knowledge and poor adherence to environmental regulations, contributing to water pollution.
A study by the Department of Natural Resources and Environment revealed that shrimp farming waste in Soc Trang is substantial, generating 4.81–6.93 million m³ of wastewater and 433.2–563.1 million m³ of sludge annually. If not properly managed, these waste products could cause significant environmental harm.
To address these issues, Soc Trang is focused on raising awareness and enhancing the capabilities of shrimp farmers in environmental protection. Efforts include various outreach initiatives and the development of effective farming models. Notably, the "Application of Biogas Systems for Wastewater Treatment in Brackish Water Shrimp Farming" project, led by ActionAid International in Vietnam, aims to implement 150 biogas systems in the province between 2024 and 2026. Additionally, the "Integrated Shrimp Farming" model by GIZ has been introduced at two sites in the province. These efforts are part of a broader strategy that includes the application of advanced farming methods such as the two- and three-phase farming process, VietGAP-compliant practices, biofloc technology, and integrated aquaculture. The use of high-density farming with plastic-lined ponds is also helping to boost shrimp yields per unit area.
The agriculture sector in Soc Trang is also prioritizing digital transformation, incorporating automated monitoring systems and feed optimization technologies to reduce labor and waste. The integration of nano-oxygen systems aims to improve environmental resilience in shrimp farming.
Deputy Director Quach Thi Thanh Binh emphasized the importance of collaboration between the government, businesses, and communities in improving waste treatment, promoting sustainability, and enhancing water management. Other key priorities include the management and conservation of native aquatic species, better use of aquatic seed sources resilient to climate change, and strict regulation of imported species. Raising awareness among aquaculture farmers about environmental protection, legal compliance, and quality standards is also crucial for sustainable development.
Additionally, strengthening monitoring, inspections, and enforcement of environmental protection regulations in aquaculture, as well as supporting education, communication, research, and the transfer of sustainable aquaculture technologies, are essential steps toward long-term growth and sustainability.
(seafood.vasep.com.vn) The outlook for Vietnam’s seafood exports remains positive, with a strong focus on maintaining growth in key markets like China and the U.S., while diversifying into new regions. As global trade policies continue to evolve, adaptability and strategic planning will be key to navigating the challenges ahead.
(seafood.vasep.com.vn) Thanks to improved pangasius prices and higher production, Vĩnh Hoàn's after-tax profit in Q4 2024 reached VND 440 billion, a 4.8-fold increase compared to the same period last year.
(seafood.vasep.com.vn) According to data from Vietnam’s Customs, in Q4 2024, Vietnam’s pangasius exports to China & Hong Kong reached USD 163 million, a 17% increase compared to the same period in 2023, with consistent growth across all months. The total value of pangasius exports to China & Hong Kong for 2024 reached USD 581 million, a 1% increase over the previous year.
Vietnam’s seafood exports are projected to maintain strong growth this year, potentially reaching 11 billion USD.
(seafood.vasep.com.vn) In the final quarter of 2024, Vietnam’s surimi and fish cake exports showed consistent growth over the last three months. For the entire year 2024, exports of these products reached USD 298 million, down 2% compared to 2023. However, the final quarter saw more promising signs for the surimi and fish cake export sector, with some markets experiencing notable growth, such as Thailand, China, and Taiwan. Particularly, exports to Taiwan, which had seen continuous declines in the previous two quarters, surged by 301% in this quarter.
(seafood.vasep.com.vn) Another year of pride for Vietnam's pangasius exports has concluded, reaching over USD 2 billion and contributing 20% to Vietnam's total seafood export turnover.
Vietnam maintained its position as the fifth-largest seafood exporter to Singapore for 12 consecutive months, surpassing Japan for the first time in 2024, amid the intensifying competition in this market.
(seafood.vasep.com.vn) Despite facing numerous challenges in the second half of the year, Vietnam's canned tuna exports concluded 2024 with a 17% increase compared to 2023, reaching USD 299 million. To maintain this growth momentum in 2025, the canned tuna production and export sector requires coordinated efforts from all stakeholders.
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.
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