Speaking at the event, Deputy Minister of Agriculture and Rural Development Vu Van Tam directed agencies concerned and localities to keep a close track of weather patterns and epidemic diseases as well as increase output from now on, especially amid the uncertain climate change at present.
Localities should adopt more technological advances in production, with a focus on controlling the quality of fries and spreading effective farming models, he suggested.
This year, the country strives to breed 700,000ha of shrimp with nearly 130 billion fries for an output of 660,000 tonnes.
To that end, the Directorate of Fisheries outlined four specific measures involving environment monitoring and forecast, and response to drought and saline intrusion; fries quality and production; feed management and bio-produce for shrimp farming; and breeding technical process.
It said though suffering lesser impacts from drought and saline intrusion than in the same period last year, the region is still hit by unseasonal rainfalls and changing temperatures, which partly hurts shrimp breeding.
Statistics showed that the new farming coverage has so far surpassed 536,440ha, mostly prawn (more than 521,000ha) and the remaining 15,000ha is for white leg shrimp farming. The total production is estimated at around 40,000 tonnes this year, an increase of 20 percent year-on-year.
Associate Professor Truong Quoc Phu from Can Tho University proposed developing organic shrimp breeding models and opening centres for shrimp fries research to ease reliance on imported ones, making it easier for the formation of value chains and attract more investments.
Luong Minh Quyet, Director of the provincial Department of Agriculture and Rural Development, suggested the Ministry of Agriculture and Rural Development offer advice on building a Decree on the management of processing, exporting and developing shrimp farming in brackish water.
In order to minimise risks for breeders, he also called attention to relevant agricultural insurance policies and breeders’ access to capital.
(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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