With the aim of becoming a "national shrimp industry hub" and focusing on creating the "Bac Lieu clean shrimp" brand to develop a shrimp value chain, the Mekong Delta province of Bac Lieu has set developing hi-tech shrimp farming models as a primary direction.
Director of the provincial Department of Agriculture and Rural Development Luu Hoang Ly speaks at the event (Photo: VNA)
Bac Lieu (VNA)😼 – With the aim of becoming a "national shrimp industry hub" and focusing on creating the "Bac Lieu clean shrimp" brand to develop a shrimp value chain, the Mekong Delta province of Bac Lieu has set developing hi-tech shrimp farming models as a primary direction.
The information was released by Luu Hoang Ly, Director of the provincial Department of Agriculture and Rural Development, at a working session with a delegation from the Ministry ofAgriculture and Rural Development led by Deputy Minister Phung Duc Tien onFebruary 22. Ly informed his guests that Bac Lieu's aquaticcultivation sprawled across more than 136,000ha, with shrimp farming dominatingnearly 133,000ha. Notably, the export volume of aquatic products reached nearly 96,900 tonnes, exceeding the plan by 2% and marking a 17% annual uptick. The export revenue surpassed 1 billion USD, registering a commendable 17% increase.
Bac Lieu has three major exports,including shrimp, rice and salt. Among them, shrimp is the biggest foreign currency earner,constituting over 95% of the province's export turnover. The locality aims to earn1.3 billion USD from shrimp export by 2025 and 1.7 billion USD by 2030.
Illustrative image (Photo: VNA)
Responding to concerns over IUU fishing, local authorities reported that there have been no signs of preparations to sendships or fishermen for illegal fishing activities in foreign waters detected inthe province. In his closing remarks, Deputy Minister Tienlauded Bac Lieu for achieving and surpassing 18 out of 21 socio-economic development targetsfor 2023. With a growth rate of 7.24%, it ranked fifth in the Mekong Delta and 24th nationwide. He suggested the province consider improving shrimp fryproduction a top priority. Accordingly, there should be a concerted effortto enhance sci-tech application in aquaculture to increase productivity andquality, aiming to build brand for each product./.
Vietnam’s shrimp exports in the first 11 months of 2023 are estimated at 3.15 billion USD, a decrease of 22% year on year, the Vietnam Association of Seafood Exporters and Producers (VASEP) has reported.
Participants at a conference in the Mekong Delta province of Ca Mau on December 11 looked into the development of the shrimp sector and solutions to ensure its sustainability.
The Mekong Delta province of Bac Lieu continues to create favourable conditions for foreign investors, including those from India, Chairman of the provincial People’s Committee Pham Van Thieu said on December 27.
Despite its availability in over 150 countries, Vietnam's shrimp industry is grappling with fierce competition from global counterparts, prompting the proactive application of technology and strategic planning as the sector is making endeavors to carve out its unique path forward.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.