Shrimp and rice model in Ca Mau
Assoc. Prof. Dr. Mai Thanh Phung, former Head of the Southern Standing Department (National Agricultural Extension Center), said that with the annual rice-shrimp farming area in the Mekong Delta over 220,000 hectares, it is expected to increase to 270,000-280,000 ha/year for the following years. The main crop of rice - shrimp every year starts from June to July, soil preparation, salt washing and sowing from August to November are complete. In recent years, the output in the rice-shrimp areas has been consumed by businesses, so people are very secure and excited to invest and produce.
Kien Giang is one of the coastal provinces with a rice-shrimp area of over 102,000 ha, considered the largest in the Mekong Delta. Every year, farmers earn two sources of rice and shrimp, about 4-4.5 tons of rice/ha/ crop and 0.45 - 0.5 tons of shrimp/ha/crop. In addition to increasing income, this model also creates a safe and sustainable ecological environment for rice-shrimp production.
Mr. Le Van Dung, Head of Information and Technology Transfer Department (Kien Giang Agricultural Extension Center) said that in recent years, Kien Giang has converted tens of thousands of hectares of coastal rice land into rice-shrimp rotation, bringing high economic efficiency. This model not only adapts to climate change and sea level rise, but also exploits the advantages of the coastal province, with a coastline of more than 200 km.
In Bac Lieu province, the rice-shrimp model is being encouraged to be replicated and implemented well under the direction of the Government on the organic agriculture development scheme. Particularly in 2020, Bac Lieu will build 3 areas for producing clean shrimp and safe rice on 150 hectares, which is expected to be expanded to about 1,200 hectares in the following years.
It is expected that by 2025, the rice-shrimp area of Bac Lieu will reach 41,000 hectares, with shrimp productivity of 0.5 tons/ha/year, the output strives to reach 20,500 tons. For rice, the yield is 4.64 tons/ha, the output is to strive for 190,240 tons.
(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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