On 3rd January 2014, VASEP held a conference on Vietnam Shrimp Exports 2013 in Ho Chi Minh city with the speakers from Directorate of Fisheries, VASEP and My Thanh Shrimp Association and representatives from shrimp processors and exporters.
Shrimp exports of Vietnam would hit US$3.5 billion in 2014 if EMS continues to be under control, improved quality of exported shrimps and favorable conditions of main consumer markets.
A series of issues of shrimp industry in 2013 as well as outlooks for Vietnam shrimp in 2014 were discussed in the conference.
In 2013, shrimp exports brought high earnings for the fishery, made a great contribution to compensate for losses from other seafood exports due to economic downturn in many countries. Through November 2013, shrimp exports created US$2.8 billion, up 35.9 percent over 2012 and are expected to reach over US$3 billion for the whole year. Shrimp sales made up 44 percent of the total fish exports of the country.
Opening speech at the conference, Tran Thien Hai, Chairman of VASEP said that shrimp industry got a great success in production as well as in export thanks to its victory in the U.S market and under - controlled EMS.
In the conference, stakeholders discussed on many issues of the industry such as whiteleg shrimp vs black tiger shrimp, enforcing the state management on raw shrimp quality and supply, controlling EMS and other diseases in shrimp farming.
Whiteleg shrimp is playing more and more important role in global shrimp supply, thus in 2014 Vietnam increases vannamei production. Black tiger shrimp is still main species farmed in the country. Diseases and available good shrimp seed supply are challenges of shrimp sector in 2014.
Ministry of Agriculture and Rural Development (MARD) is encouraging farmers to farm vannamei shrimp because of shorter farming period and high productivity. However, MARD also recommends farmers to follow regulated farming and stocking schedule.
High profits from whiteleg shrimp farming foster farmers to stock the shrimp in black tiger shrimp ponds that causes high risks of disease infection. There were also concerns raised in the conference on reduced production of black tiger shrimp due to lack of appropriate management and infrastructure.
Shrimp production in China and Thailand is recovering but it would be 2-3 years before their production returns to normal. This is a good chance for Vietnam shrimp packers to boost their exports.
(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.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
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