According to the Directorate of Fisheries - Ministry of Agriculture and Rural Development, in 2020, the brackish water shrimp farming area in the country will reach 738,000 hectares, the total harvested output will be over 900,000 tons, of which black tiger shrimp is over 267,000 tons and white shrimp is over 512,000 tons. In which, in the Mekong Delta, brackish water shrimp farming area is concentrated in coastal provinces with over 680,000 ha, accounting for 92% of brackish water shrimp farming area of whole country. In 2021, Vietnam plans to produce brackish water shrimp on the area of 740,000 ha, mainly in the Mekong Delta… However, in the first months of 2021, the COVID-19 epidemic reappeared, seriously affecting seafood production chain and processing and export factories.
Mr. Ho Quoc Luc, Chairman of the Board of Directors of Sao Ta Food Processing Joint Stock Company, said that due to the impact of the COVID-19 epidemic, most of the costs of aquaculture feed and aquatic veterinary medicine increased, therefore the price of raw shrimp also increased. But the selling price of finished shrimp for export has not increased, because importing countries and consumers are still concerned with the outbreak of the COVID-19 epidemic. For example, in Thailand, India, Cambodia, etc., soon after opening the economy, the epidemic broke out again, making consumers insecure, consumption and import of seafood and shrimp still limited.
According to Mr. Vo Van Phuc, General Director of Vietnam Clean Seafood Joint Stock Company (Vina Cleanfood), compared to the same period last year, the export seafood industry has many advantages, but from the beginning of 2021 until now, there are many difficulties. Especially, shrimp raw materials are not enough, the price increased, while the export price of shrimp was not higher than last year. Factories that plan to store raw materials in the main season have to spend a lot of money on cold storage and bank interest rates. Up to now, the outbreak of the COVID-19 epidemic has had a strong impact on input prices, plus an increase in export freight rates, increase in labor makes the production cost of the shrimp industry increase.
In the first months of 2021, despite facing many difficulties in production, trading and processing of shrimp for export, shrimp farming areas in the Mekong Delta are entering the new farming season with positive signs. Because, at present, the weather in the Mekong Delta changes seasons, rains early, shrimp farming areas are favorable and develop well. Many shrimp farming models apply new technology very effectively. Businesses investing in shrimp farms and many shrimp farming households forecast that this year's shrimp crop will be better, due to the good and stable farming process.
According to forecasts, the fact that Vietnam has and will join many new-generation trade agreements is an important premise to develop aquaculture production and brackish water shrimp exports in 2021. At the same time, according to the standard cycle. For shrimp consumption, the market usually gets better towards the end of the year. At the beginning of the third quarter of 2021, in the Northern Hemisphere countries in the summer, the people of these countries make a lot of travel, entertainment and entertainment, so consumption increases; Countries affected by the current rapid outbreak of the COVID-19 epidemic also reduce shrimp farming areas, so the competitiveness of export output will decrease… That is a good condition for the shrimp industry to export in the coming time. However, shrimp prices cannot increase sharply in the near future, as prices are already high. It is forecasted that when in the peak season of shrimp harvest from June to September, shrimp prices are likely to decrease and at the end of the season will increase again.
(seafood.vasep.com.vn) Shrimp exports in 2024 reached nearly USD 4 billion, a 14% increase compared to 2023. Reflecting on 2024, the shrimp industry demonstrated resilience and persistent effort in overcoming challenges, solidifying its strong position in exports.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (ticker symbol FMC - HoSE), one of Vietnam's largest shrimp exporters, recently announced its 2024 business results.
(seafood.vasep.com.vn) The United States remains one of the largest importers and consumers of Vietnamese pangasius, primarily in the form of frozen fillets. However, in recent years, the country has significantly increased its imports of value-added pangasius products.
(seafood.vasep.com.vn) After reaching a peak of nearly USD 6 million in June 2024, the export value of Vietnamese tuna to Italy has stagnated and continuously declined in the last five months of the year. Cumulatively, by December 15, 2024, export turnover to this market decreased by 18% compared to the same period in 2023, reaching over USD 30 million. With this decline, Italy is no longer Vietnam's largest tuna import market within the EU bloc.
The Mekong Delta province of Tien Giang, with its 32-km coastline, is well-positioned to develop a thriving seafood industry. Recognising the importance of sustainable offshore fishing, local authorities have implemented policies to modernise the fishing fleet and support operations in offshore waters.
(seafood.vasep.com.vn) On the evening of December 23, 2024, in Ho Chi Minh City, the Vietnam Association of Seafood Exporters and Producers (VASEP) held a ceremony to celebrate the seafood export milestone of 10 billion USD, with hopes for continued growth in 2025. The event was attended by Deputy Minister of Agriculture and Rural Development Phung Duc Tien, Deputy Minister of Foreign Affairs Nguyen Minh Hang, and representatives from various ministries, as well as domestic and international partners.
(seafood.vasep.com.vn) With a market share exceeding 10% in Vietnam's aquafeed sector, Sao Mai Super Feed has affirmed its position as one of the leading brands, making a significant contribution to the development of the pangasius industry and elevating Vietnamese pangasius products on the international stage.
Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP) Nguyen Hoai Nam said that in the past 5-6 years, Vietnam's seafood export value has only hovered around 8-10 billion USD/year. To reach the value of 16 billion USD by 2030, Mr. Nam proposed establishing corporations/enterprises to exploit the sea.
(seafood.vasep.com.vn) Vinh Hoan Seafood (stock code VHC) announced that its export turnover to three key markets— the U.S., EU, and China—grew between 32% and 40% in November 2024 compared to the same period in 2023.
(seafood.vasep.com.vn) Shrimp exports for the first 11 months of 2024 brought in nearly 3.6 billion USD, up 22% compared to the same period last year. Exports to major consumption markets all recorded double-digit growth.
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
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Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
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