Ca Mau targets 2.5 billion USD from shrimp exports by 2025
The southernmost province of Ca Mau is striving to earn 2.5 billion USD from shrimp exports, and become the largest shrimp breeding hub in the country by 2025.
The southernmost province of Ca Mau is striving to earn 2.5 billion USD from shrimp exports by 2025. (Photo: VNA)
Ca Mau (VNA) – The southernmost province of Ca Mau is striving to earn2.5 billion USD from shrimp exports, and become the largest shrimp breeding hub in the country by 2025.
Under the shrimp industry development plan, the province eyes to expand shrimpraising area to 279,000 hectares with a total output of 233,000 tonnes by 2020.It expects to gain 1.8 billion USD from shrimp shipments to foreign markets.
By 2025, the shrimp breeding area will be reduced to 260,000 hectares but itstotal output and export revenue is hoped to reach 320,000 tonnes and 2.5billion USD.
In a bid to realise the set target, the provincial authorities will prioritisedeveloping infrastructure in large-scale shrimp raising areas, applying advancedtechnology, and use rational production methods.
The province will expand super-intensive, intensive and semi-intensive shrimpfarming, together with advanced extensive farming model which is suitable for naturalconditions and local farmers’ investment capacity.
Also, it is working to produce 23.5 billion breeding prawns and white-legshrimps by 2020. The number will increase to 29.5 billion to satisfy 70 percentof farming demand in the province.
Ca Mau will channel more efforts to seek and access to other potential marketsbesides traditional ones like the US, Japan and the EU. Due attention will bealso paid to the domestic market.
In addition, the province will build a hi-tech agricultural zone which isenvisioned to become a typical aquaculture area in Vietnam, capable to competein the region and the world.-VNA
The European Union (EU) market was the largest export market of Vietnamese shrimp in the first quarter of this year, according to Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s shrimp export value to Canada reached 27.7 million USD by March 2018, a year-on-year increase of 16 percent, according to Vietnam Association of Seafood Exporters and Producers (VASEP).
Owners of shrimp-breeding ponds pay 50-200 million VND (2,200 – 8,800 USD) for electricity per hectare per crop, accounting for 10 percent of their total cost of aquaculture production.
Minister of Agriculture and Rural Development Nguyen Xuan Cuong has ordered provinces and cities to focus on ensuring farmers raise shrimp using proper breeding processes and advanced techniques.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
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.
The southernmost province of Ca Mau is striving to earn 2.5 billion USD from shrimp exports by 2025.
