Soc Trang Seafood Joint Stock Company (Stapimex), one of Vietnam’s largest shrimp producers, earned BAP certification for six of its shrimp farm sites located in Vietnam’s Soc Trang province.
The BAP certification was sponsored by US-based National Fish & Seafood, part of Pacific Andes International Holdings.
“We are extremely pleased that the first shrimp farm group has achieved international recognition through BAP certification,” said Jeff Sedacca, president of National Fish’s shrimp division.
“This historic milestone will make it possible for the thousands of smallholder shrimp farms around the world to meet the environmental and social standards of the BAP program and achieve certification gaining access to international markets,” said Sedacca.
This project is the result of a year-and-a-half collaboration between Stapimex, National Fish and GAA, he said.
“There are literally hundreds of thousands of farms around the world, and not having this type of program severely limits the ability for any certification program to be effective beyond the ‘top’ farms,” said Peter Redmond, BAP’s vice president of market development.
For group farms, a subset of the total number of sites is audited; the ability to qualify for group requires an applicant to implement strict and consistent internal controls across all of its operations.
Marine Harvest Canada was the world’s first operation to attain BAP certification through the group farm program.
The BAP group farm program is separate from an integrated operating module, in which groups of medium- to small-sized farms are organized under the sponsorship of a processor, farmer cooperative or association, or other legally recognized entity.
(seafood.vasep.com.vn) To maximize natural advantages and increase the value of local aquatic products, Ca Mau province is promoting the ecological shrimp farming model under mangrove forests. This model not only brings high profits to people thanks to businesses committing to purchasing products at prices 10-20% higher than the market price but also aims for sustainable development and environmental friendliness.
(seafood.vasep.com.vn) The Comprehensive Economic Partnership Agreement (CEPA) between Vietnam and the United Arab Emirates (UAE) was signed after just over a year of negotiations. With high demand for premium seafood in the UAE, particularly for shrimp and tuna products, Vietnam’s tuna industry is expected to gain increased export opportunities and higher product value thanks to the preferential terms of the CEPA.
(seafood.vasep.com.vn) In October 2024, seafood exports from Vietnam are estimated to exceed $1 billion, marking a 28% increase compared to the same period last year. This achievement signifies the first return to the $1 billion milestone in 27 months, since June 2022, providing a significant boost for Vietnamese seafood enterprises.
(seafood.vasep.com.vn) Under the theme "Dong Thap Pangasius: Green Journey - Green Value," the Dong Thap Pangasius Festival 2024 will take place over two days, November 16th and 17th, at Vo Nguyen Giap Square in Hong Ngu City.
(seafood.vasep.com.vn) The Department of Agriculture and Rural Development of Kien Giang has announced a plan to stabilize the biosafety rice-shrimp production area at 117,340 hectares by 2030.
(seafood.vasep.com.vn) According to the Department of Fisheries in Ca Mau, the total aquatic product output in the region is estimated at 536,140 tons as of October 17, achieving 82.23% of the annual plan and marking a 1.74% increase compared to the same period last year. Within this total, shrimp production stands at 208,495 tons, reaching 82.41% of the planned target and showing a 2.23% increase year-over-year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, pangasius exports to Iraq have surged significantly in the first nine months of 2024, marking the highest levels seen in three years. This upward trend has positioned Iraq as a key market for Vietnamese pangasius, even surpassing Iran, traditionally regarded as a gateway for trade between Vietnam and the Middle East.
(seafood.vasep.com.vn) Bình Thuận's seafood production has maintained stability year-to-date, with favorable fishing grounds. However, the growth rate slowed slightly in the third quarter due to the impact of storms and tropical depressions in the East Sea.
(seafood.vasep.com.vn) Pangasius, a popular whitefish species favored in many global markets and a signature fish of Vietnam, faces stiff competition from other whitefish varieties such as cod, hake, and tilapia. However, Vietnamese pangasius has emerged as the top choice among whitefish imported by Brazil.
(seafood.vasep.com.vn) According to market trends, starting in Q3, importers typically ramp up purchases to prepare for the holiday season and year-end festivities. U.S. consumer spending is expected to recover in the second half of 2024 compared to the same period last year, which could positively impact the value of Vietnam's seafood exports to this market.
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