Shrimp farming holds numerous chances for recovery
There are now many favourable conditions for shrimp export, including growing prices - an important factor for processors and exporters to swiftly recover after a long social distancing period.
A shrimp farm in My Xuyen district, the Mekong Delta province of Soc Trang (Photo: VNA)
Hanoi (VNA) –There are now many favourable conditions for shrimp export, including growingprices - an important factor for processors and exporters to swiftly recoverafter a long social distancing period.
Deputy Minister ofAgriculture and Rural Development Phung Duc Tien made the remark whileaddressing a teleconference held on December 10.
He said the free tradeagreements that Vietnam has joined will create chances for improving productionunder value chains and origin traceability.
Productivity and quality arethe key to promoting the competitiveness of shrimp products, Tien noted, addingthat relevant agencies and localities needs to pay attention to the input,especially young fry and infrastructure in the production chain.
Tran Cong Khoi, Deputy Directorof the Department of Aquaculture at the Directorate of Fisheries, said despitenumerous difficulties and challenges caused by the COVID-19 pandemic, this year’sfarming area of brackish water shrimp still expanded by 0.5 percent from 2020to 740,000ha, including 630,000ha of black tiger shrimp and 110,000ha of white-legshrimp.
Pointing out certain problemsand shortcomings, he held that localities need to step up inspection andexamination of food safety in aquaculture to ensure product quality.
In 2022, the sector willenhance connectivity among shrimp farming localities, take measures toconcurrently develop farming and cope with the pandemic, boost the application ofscientific and technological advances to raise productivity and quality, and increaseenvironmental monitoring to issue timely warnings in order to minimise damagecaused by climate change.
Total output of farmed shrimp this year is estimated at 970,000 tonnes, up 4.3 percent from 2020. Shrimp export earned the country 3.2 billion USD in the first 10 months of this year, a year-on-year increase of 2 percent./.
Vietnam earned 2.19 billion USD from exporting 240,000 tonnes of shrimp in the first seven months of 2021, up 15.5% in volume and 16% in value over the same period in 2020.
Over the past one month, the shrimp industry in the Mekong Delta has been exerting every effort to sustain operations and fulfill the signed export contracts while there is not much time left in 2021 and many new COVID-19 infections continue to be recorded in the region.
Aquaculture has grown rapidly in Asia in the past three decades with the main impetus for the industry’s surge being the stagnant wild fish catch, which has leveled off at a little above 80 million tonnes since the 1980s, according to Japanese economists.
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.
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.
A shrimp farm in My Xuyen district, the Mekong Delta province of Soc Trang (Photo: VNA) 
