In the period 2014 - 2020, the average growth rate of aquatic production value of Tra Vinh has reached 8.61% per year; the rate of added value reaches over 0.8% per year; the proportion of aquaculture production value in the agriculture, forestry and fishery sector by the end of 2020 increases nearly 14% compared to 2014.
In 2020, the province's total seafood output reached 230,440 tons, an increase of 67,690 tons compared to 2013; production value of aquaculture land reached 360 million VND/ha, 1.74 times higher than that of 2013.
To achieve the above growth, the agricultural sector of Tra Vinh province has coordinated with localities to focus on directing the review and construction of 4 master plans for breeding and aquaculture production areas, correctly and appropriately identifying main farmed aquatic species, such as tiger shrimp, white leg shrimp, pangasius, snakehead fish, clam ... to adjust the structure of cultured species, develop concentrated farming areas, suitable to ecological and natural regions.
At the same time, the province directs to build a model of production of high quality black tiger shrimp seed; models of white shrimp with high density intensive farming and complete 5 technical processes for white leg shrimp rearing; producing bran clam on canvas ponds, nursing bran to seed clams, contributing to increase farming productivity 2 - 3 times higher than mass production, so the survival rate is over 80%, bringing high profits for farmers ...
In the period 2014 - 2020, in addition to promoting development of aquaculture, Tra Vinh province also focused on improving efficiency in fishing, especially offshore fishing. The whole province currently has 1,180 fishing vessels with a total capacity of 144,970 CV (with 261 vessels of 15 m or more in length), contributing to bringing the catch by the end of 2020 to 75,990 tons (an increase of 1,607 tons compared to 2013); maintain the linkage model, logistic services associated with production groups, teams at sea, consolidate 53 cooperative groups at sea (of which 35 offshore fishing groups).
(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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