Vietnam is expected to become one of the world’s top shrimp producers thanks to its positive response to the COVID-19 pandemic and its modern shrimp farming models, according to industry insiders.
Robins McIntosh, Executive Vice President of the Charoen Pokphand Foods Public Company Limited, the largest integrated producer of aquaculture shrimp in the world, said shrimp production in the world grew 6-7 percent amid COVID-19 and disruptions to foodstuff supplies across the globe.
High demand in the long term may possibly prompt shrimp aquaculture to expand 10 percent, he added.
Regarding Vietnam’s shrimp sector, he said output has experienced stable growth through the years, from 5-10 percent annually, even 12 percent, due to radical changes in shrimp aquaculture technologies.
In recent years, high-tech shrimp farming models have been developed in the southern and Mekong Delta regions and have yielded higher profits for local farmers.
Under models that use intensive farming, the beds of shrimp breeding ponds are covered with plastic sheets and anti-sunlight nets are hung above. They are also equipped with oxygen-generating facilities.
According to Associate Professor Dr. Chau Tai Tao from Can Tho University, such models are popular in the Mekong Delta. Eighty percent of shrimp farming areas are set aside for wastewater treatment, so these models ensure good quality water for shrimp breeding.
The Ministry of Agriculture and Rural Development said Vietnam is home to more than 200,000 ha of high-tech shrimp farming, 186,000 ha of which is in the Mekong Delta provinces of Bac Lieu and Soc Trang. The two localities have received large amounts of foreign capital for shrimp processing for export.
High-tech shrimp farming has a success rate of 90 percent and offers far higher profits than traditional shrimp breeding in mud ponds. And the fatality rate among shrimp bred under high-tech models is significantly lower than in traditional farming, local farmers said.
In recent times, Vietnam’s shrimp sector has spared no effort to improve its capacity, though it has had to struggle with COVID-19 and serious saline intrusion.
Chairman of the Soc Trang Provincial People’s Committee Tran Van Lau said that in a bid to have high-yield shrimp output, the province is applying advanced technologies in shrimp farming, promoting intensive farming, and forming value chains.
In the time to come, it is necessary to raise awareness among local farmers of effective shrimp breeding models, while more attention should be paid to improving human resources to meet the requirements of shrimp farming and processing.
Soc Trang this year targets having 51,000 ha of shrimp breeding area and an output of 172,000 tonnes, Lau added.
Meanwhile, Bac Lieu province, which is striving to become a shrimp breeding hub in Vietnam, is investing in a three-phase electrical power system to serve semi-intensive and intensive shrimp farming areas, and instructing local farmers to apply advanced technologies in shrimp breeding to improve the competitive capacity of local shrimp.
Chairman of the provincial People’s Committee Pham Van Thieu said that, last year, the province bred shrimps on an area totalling nearly 130,000 ha, 9,000 ha of which were cultivated under semi-intensive and intensive farming models.
(vasep.com.vn) Through the first quarter of the year, in a context where the shrimp industry still faced many risks, shrimp exporting enterprises still showed efforts and determination in production and business.
(seafood.vasep.com.vn) In the first quarter of this year, Vietnam's shrimp exports reached over 686 million USD, an increase of 14% over the same period in 2023.
Having identified its weakness in 2023, entering the first quarter of 2024, Vietnam's shrimp industry has undergone a clear change, reflected through increases in exports to major markets.
It is necessary to develop more detailed and consistent regulations on seafood production for export in line with the implementation of solutions towards sustainable and responsible fishing practices.
(seafood.vasep.com.vn) After increasing to the highest level in 2022, Canada's tuna imports in 2023 dropped to the lowest level in the past 10 years, reaching 35 thousand tons, down 24% over the year. Canada is currently one of the 15 largest tuna import markets in the world.
(seafood.vasep.com.vn) Chile, one of the countries participating in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), has tended to increase tuna imports from Vietnam in the past 3 years. According to statistics from Vietnam Customs, this South American country imported nearly 3 million USD of tuna products from Vietnam in the first 2 months of 2024, an increase of 58% over the same period in 2023.
Economic and social development activities, overexploitation, pollution, diseases, and climate change have adversely affected the ecological environment, leading to a severe decline or the extinction of many precious indigenous aquatic species.
(seafood.vasep.com.vn) The prices of pangasius fingerlings and raw pangasius in ponds fell in March, following steady increases in the first two months of this year.
(seafood.vasep.com.vn) In February 2024, the average export price of Vietnamese pangasius to markets increased by 4%, although the volume decreased by 40% compared to the previous month.
(seafood.vasep.com.vn) There was a 6% decline in Vietnam's pangasius exports to Brazil in February 2024 compared to the same period in 2023, with the total value reaching 6 million USD.
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