Vietnam to become world’s key shrimp producer

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.

Vietnam to become world’s key shrimp producer hinh anh 1

Shrimps processed for exports (Photo: VNA)

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./.
Source: VNA
en.vietnamplus.vn

Related News

Seafood exports soar to new heights in the third quarter

Seafood exports soar to new heights in the third quarter

VCN - Seafood exports in the third quarter of this year reached US$2.76 billion, up nearly 13% over the same period last year. This is a peak after 4 years of disruption due to the Covid-19 pandemic.
New directions for two key export products of the seafood industry

New directions for two key export products of the seafood industry

VCN - Although the two main export items of Vietnam's seafood industry, shrimp and pangasius, have grown, export enterprises are facing many difficulties and must find new directions.
Many challenges for shrimp export in the second half of the year

Many challenges for shrimp export in the second half of the year

VCN - In the first five months of this year, Vietnamese businesses exported shrimp to 103 markets, bringing in US $1.3 billion, up 7% over the same period last year, but there are many challenges in the end half of the year.
Seafood exports are expected to recover in 2024

Seafood exports are expected to recover in 2024

VCN - Vietnam's seafood exports have shown good signs right from the first month of 2024. In particular, exports of two main seafood products, shrimp and pangasius, will recover after a sharp decline in 2023.

Latest News

Foreign investors flock to invest in southern provinces and cities

Foreign investors flock to invest in southern provinces and cities

Foreign investors have recently rushed to southern Vietnamese provinces and cities to look for investment opportunities and locations.
New step in tracing seafood origin, meeting export requirements

New step in tracing seafood origin, meeting export requirements

VCN - Using the electronic seafood traceability application (eCDT VN) will help seafood exporting enterprises more conveniently apply for export product traceability documents (SC, CC). This will help the Vietnamese seafood industry better adapt to the trend of international integration and the demand for transparency in seafood origin of the export market.
Việt Nam

Việt Nam's pangasius exports expected to reach $2b in 2024

Pangasius export turnover in the first ten months reached $1.56 billion, an increase of 8.9 per cent over the same period in 2023.
VN’s first pharmaceutical industrial park to be built

VN’s first pharmaceutical industrial park to be built

Located in Thái Bình Province, the park is expected to provide jobs for 18,000 people when going into operations.

More News

Accelerating investment to meet "green" standards

Accelerating investment to meet "green" standards

VCN – Many businesses are implementing large-scale investments in technology, energy transitions, and production processes to meet the increasingly stringent "green" criteria set by the EU market.
US initiates investigation into pharmaceutical capsule shells imported from Việt Nam

US initiates investigation into pharmaceutical capsule shells imported from Việt Nam

Hard capsule pharmaceutical shells from Brazil, China and India are also being investigated.
UKVFTA gives advantages to Vietnamese fishery products in the UK, urging focus on quality for further expansion

UKVFTA gives advantages to Vietnamese fishery products in the UK, urging focus on quality for further expansion

To better exploit the tariff incentives from the UKVFTA, it is necessary for Vietnamese fishery producers and exporters to focus on improving quality and supply capacity to expand market share in the UK
Agricultural, forestry and fishery trade surplus value shoots up

Agricultural, forestry and fishery trade surplus value shoots up

VCN - According to the Ministry of Agriculture and Rural Development, the total export turnover of agricultural, forestry and fishery products in the first 10 months reached 51.74 billion USD, up 20.2% over the same period in 2023. Notably, the trade surplus value recorded a spectacular increase year on year.
New export and business cooperation opportunities from "dual conversion"

New export and business cooperation opportunities from "dual conversion"

VCN - According to a recent study from NielsenIQ, 16% of Vietnamese consumers consider a sustainable future as one of the important factors in their consumption decisions.
VN

VN's food processing industry struggles to improve quality and value chain integration

Despite accounting for 19.1 per cent of Việt Nam’s processing sector, the food processing industry has been struggling with major issues such as poor-quality raw materials and subpar value chain integration, said industry insiders and economists.
Approach strategy of the seafood industry when implementing UKVFTA

Approach strategy of the seafood industry when implementing UKVFTA

VCN - As one of Vietnam's strong export industries to the UK, especially when the Vietnam - United Kingdom of Great Britain and Northern Ireland Free Trade Agreement (UKVFTA) comes into effect, with a detailed information approach strategy, it has created a great driving force to promote the export of Vietnamese seafood products to this market.
Mid-November: Vietnam

Mid-November: Vietnam's trade volume matches 2023 total, eyes record-breaking growth

VCN - By mid-November 2024, Vietnam's total import-export turnover reached an impressive US$681.48 billion, equaling the full-year trade figure for 2023
Vietnamese enterprises facing challenges from cross-border e-commerce platforms

Vietnamese enterprises facing challenges from cross-border e-commerce platforms

VCN – In recent years, with the rapid development of cross-border e-commerce (CBEC) platforms, domestic enterprises in Vietnam have been facing numerous difficulties and challenges.
Read More

Your care

Latest Most read
Foreign investors flock to invest in southern provinces and cities

Foreign investors flock to invest in southern provinces and cities

Foreign investors have recently rushed to southern Vietnamese provinces and cities to look for investment opportunities and locations.
New step in tracing seafood origin, meeting export requirements

New step in tracing seafood origin, meeting export requirements

VCN - Using the electronic seafood traceability application (eCDT VN) will help seafood exporting enterprises more conveniently apply for export product traceability documents (SC, CC). This will help the Vietnamese seafood industry better adapt to the tr
Việt Nam

Việt Nam's pangasius exports expected to reach $2b in 2024

Pangasius export turnover in the first ten months reached $1.56 billion, an increase of 8.9 per cent over the same period in 2023.
VN’s first pharmaceutical industrial park to be built

VN’s first pharmaceutical industrial park to be built

Located in Thái Bình Province, the park is expected to provide jobs for 18,000 people when going into operations.
Accelerating investment to meet "green" standards

Accelerating investment to meet "green" standards

VCN - Founded in 1998, Ton Dong A Corporation specializes in manufacturing steel and coated steel products catering to various demands, from industrial and residential construction to transportation infrastructure and home appliances.
Mobile Version