(seafood.vasep.com.vn) Amid the growing challenges of climate change and increasingly stringent market demands, high-tech shrimp farming in Bac Lieu has emerged as a breakthrough solution, delivering economic efficiency, environmental sustainability, and enhanced value for Vietnam’s aquaculture sector.

Viet-Uc Group is making strategic moves to reinforce its pioneering role in shrimp broodstock production and enhance Vietnam’s global position in shrimp exports. According to Mr. Trinh Trung Phi, Deputy General Director of Viet-Uc Group, Vietnam currently ranks third worldwide in shrimp export volume, yet it holds significant potential to improve its ranking thanks to inherent advantages and consistent investments in science and technology.

Sa Giang Import-Export Corporation, a company specializing in the production of traditional Vietnamese shrimp chips, generates hundreds of billions of VND in annual export revenue by successfully penetrating demanding markets such as the United States and the European Union.

(seafood.vasep.com.vn) In the first quarter of 2025, Vietnam’s shrimp exports to the European Union (EU) reached over USD 107 million, marking a 33% year-on-year increase and signaling a strong start to the year. The growth was driven by the recovery of demand in Europe, the proactive adaptation of Vietnamese exporters in diversifying their product portfolios, and the effective utilization of preferential tariffs under the EVFTA.

According to several raw shrimp traders and seafood processing and export enterprises in the province, immediately after the United States announced a 90-day suspension of countervailing duties, reducing the tariff from 46% to 10%, raw shrimp prices in the market have begun to stabilize and slightly rebound, with increases ranging from VND 5,000 to VND 10,000 per kilogram depending on segment and size. This is a positive signal, providing shrimp farmers with renewed motivation to prepare for the upcoming production season.

On April 9, 2025, Hung Hau Agriculture Corporation held the inauguration ceremony for the HappyFood Vietnam Export Processing Plant in Sa Dec City, Dong Thap Province. The facility is a shrimp processing plant designed with an annual capacity of 15,000 metric tons.

As one of the world’s top three shrimp-exporting nations, Vietnam’s shrimp industry is simultaneously facing numerous formidable challenges—ranging from climate change and high production costs to disease outbreaks and intense global competition. These pressures, however, present a pivotal opportunity for Vietnam to transform toward sustainable and environmentally responsible development.

This year, Vietnam's shrimp industry aims for 1.3-1.4 million tonnes in production and 4-4.3 billion USD in export turnover. Encouragingly, shrimp exports topped 605 million USD in the first two months of this year alone, up 46% year-on-year

Sao Ta Foods (stock code: FMC) has set a target to sell 22,000 metric tons of shrimp this year and has outlined a proactive strategy to address risks related to anti-dumping and countervailing duty investigations in the U.S. market.

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), in the first two months of 2025, Vietnam's shrimp exports recorded positive signs with strong growth in a number of important markets, of which lobster exports to China increased sharply.

Over 200,000 ha of Vietnam's shrimp farms are cultivated organically and ecologically, certified by international organizations.

Minh Phu Seafood Corp, one of the leading enterprises in shrimp processing and export, is actively promoting cooperation with shrimp farmers to develop the shrimp industry in Ca Mau.

In January 2025, Vietnam's shrimp exports to the UK reached over 16 million USD, an 8% increase compared to the same period last year. The UK is the sixth-largest individual market for Vietnam’s shrimp imports, accounting for 5.5% of the total shrimp exports to various markets. Shrimp also holds the largest share (70%) in Vietnam’s total seafood exports to the UK.

(seafood.vasep.com.vn) Sao Ta (FMC - HoSE), a key subsidiary of PAN Group, has announced impressive business results for February. The company's shrimp production reached 1,913 tons, a 106% increase compared to the same period last year, while agricultural product production reached 67 tons, up 6%.

(seafood.vasep.com.vn) In 2024, the total brackish water shrimp farming area in Ca Mau reached 278,600 hectares, with a shrimp output of 242,000 tons. This output achieved 99.59% of the set target and marked a 4.57% increase compared to the same period last year. The average shrimp yield attained 869 kilograms per hectare per year, representing a 38 kilograms per hectare per year increase compared to 2023. Shrimp export turnover reached USD 1.12 billion, positioning Ca Mau amongst the nation's leading localities in this sector.