Action plan drafted to develop shrimp sector

The Ministry of Agriculture and Rural Development is collecting opinions to finalise a national action plan for shrimp development through 2025.
Action plan drafted to develop shrimp sector ảnh 1Farmers are harvesting shrimp (Illustrative image. Source: VNA)
Hanoi (VNA) – The Ministry ofAgriculture and Rural Development is collecting opinions to finalise a nationalaction plan for shrimp development through 2025.
Nhập mô tả cho video

Thedraft plan, which will be submitted to the Prime Minister for approval, looksto turn the shrimp sector into a big industrywith sustainable development that is adaptable to climate change and friendlyto the environment.

At the same time, the plan hopes to improve thequality, production efficiency and competitiveness of shrimp products, benefitingfarmers, businesses and the country’s economy.

The shrimp sector is projected to rake in 4.5-5billion USD in export turnover and record an annual average growth of 9.5-12percent in 2017-2020. 

In 2021-2025, a hi-tech shrimp industry andlarge-scale eco-shrimp farming areas will take shape, working towards the goalsof 10 billion USD in export turnover and an average growth of 12-14 percent peryear.

The total area used for brackish water shrimp farming shouldreach 710,000ha with total output of 850,000 tonnes of shrimp during 2017-2020,and expand to 750,000ha and 1.1 million tonnes of output in the period from2020-2025.

Areas will be zoned off for hi-tech brackishwater shrimp raising, concentrating in the Mekong Delta and central coastalregions.

Bac Lieu is designated to be a hi-tech brackishshrimp farming centre in the Mekong Delta and the country, while thesouthernmost province of Ca Mau will be built into an eco-shrimp breeding cradle.
Giant freshwater prawns will be mainly raised in the MekongDelta, whilst lobsters will be farmed in central coastal provinces of KhanhHoa, Phu Yen and Binh Dinh.

Towards those goals, the Ministry of Agricultureand Rural Development pledged to improve irrigation and transport systems at large-scaleshrimp farming areas, while encouraging small-scale production facilities to joinin cooperatives to create large material production areas.

The ministry will invest in research to produce qualitybreeding shrimps and develop the domestic feed industry.

The application of modern technologies in shrimp farming and processingwill be encouraged to ensure food safety and foreign customers’ demands.

At the same time, the ministry will push forward surveys offoreign markets and trade promotion activities to expand markets for Vietnameseshrimps.-VNA

VNA

See more

The booth of the Vietnam Trade Office at a trade fair in Morocco. (Photo published VNA)

Spring Fair 2026: opportunities for trade between Vietnam and Morocco

Tran Le Dung, Head of the Vietnam Trade Office in Morocco, said Morocco has accumulated extensive experience in hosting large-scale agricultural trade fairs and exhibitions. Flagship events include the annual International Agricultural Exhibition in Morocco (SIAM), alongside specialised shows covering food and beverages, textiles, handicrafts and logistics.

Prime Minister Pham Minh Chinh delivers closing remarks at the Spring Fair 2026. Photo: VNA

Prime Minister attends Spring Fair 2026 closing ceremony

After 12 vibrant and colourful days, the first Glorious Spring Fair 2026 vividly portrayed the vitality of the nation’s economic and consumer activities at the beginning of the new year, leaving a strong impression on the public and business community.

Vu Thi Thuy, Deputy Consul General and Head of the Vietnam Trade Office in Hong Kong Special Administrative Region (China). (Photo: VNA)

Hong Kong experience offers insights for Vietnam–Hong Kong trade cooperation

At this year’s Spring Fair, the Vietnam Trade Office in Hong Kong facilitated the participation of several Hong Kong enterprises in Vietnam to conduct market surveys, seek import sources and showcase their products. Notably, a company under the Hong Kong Productivity Council presented technological solutions for smart homes and smart manufacturing at the event.

People shop for Tet at a supermarket. (Photo: VNA)

Vietnamese goods dominate Tet market in Mekong Delta

In key retail hubs such as Can Tho, Long Xuyen and My Tho, high-quality Vietnamese goods account for 85–90% of Tet market share. Surveys at major supermarket chains and traditional markets show that consumers this year are prioritising locally-processed foods, confectionery and beverages.

Prime Minister Pham Minh Chinh strikes the gong to inaugurate the Vietnam International Financial Centre in Ho Chi Minh City. (Photo: VNA)

Int’l Financial Centre – A catalyst for Vietnam’s economic breakthrough: Deputy PM

Standing Deputy Prime Minister Nguyen Hoa Binh, who chairs the IFC’s Governing Council, said that the establishment of the centre in Ho Chi Minh City and Da Nang represented the initial realisation of a major task set out in the Resolution of the 13th National Party Congress. While characterising the launch as an early milestone rather than a final achievement, he underscored that it reflected meticulous, methodical and determined preparations at multiple levels of government.

Kobayashi Yosuke, Chief Representative of JICA Vietnam. (Photo: JICA Vietnam)

JICA hails milestones in Vietnam partnership amid green, digital push

In line with Vietnam’s development priorities and its goal of becoming a high-income country by 2045, JICA will continue to work with a wide range of partners in both Vietnam and Japan to mobilise technical and financial resources for more sustainable and inclusive cooperation

Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT 2026) is expected to expand its scale by 20% compared to last year's edition. (Photo: bnews.vn)

Int’l trade fair for apparel, textiles, textile technologies to open in Ho Chi Minh City

According to Vietrade, VIATT 2026 aims to promote the development of Vietnam’s textile and garment industry by enhancing production technologies, strengthening sustainability, and expanding technical textile segments. The event is expected to create opportunities for international businesses to tap into the growth potential of Vietnam and ASEAN, while enabling domestic enterprises to connect more effectively with global buyers.

Participants at a conference on digital assets in Hanoi on December 10. (Photo: VNA)

Finance ministry seeks public feedback on minimal tax on digital assets

Under the draft, the transfer and trading of crypto assets would not be subject to value-added tax. Individual investors, regardless of residency status, would be required to pay personal income tax at a rate of 0.1% on the gross value of each transfer. This approach mirrors the current tax method applied to securities transactions.

Steel products of Hoa Phat Group. (Photo: VNA)

Vietnam aims to meet 80–85% of domestic steel demand by 2030

Vietnam aims to meet 80–85% of domestic steel demand by 2030. Crude steel production is targeted at 25–26 million tonnes per year, with annual growth of 7–8%, while finished steel output is expected to reach 32–33 million tonnes per year, growing by 5.5–6.5% annually. Per capita steel consumption is projected at 270–280 kg per year.