The southern coastal province of Bac Lieu has made shrimp farming one of the five pillars for local socio-economic development with the goal of raising shrimp export revenue to 1 billion USD by 2025.
The domestic fishing industry should promote production of tra fish and shrimp by the end of this year to take advantage of the export potential of both commodities on the world market, according to the Ministry of Agriculture and Rural Development (MARD).
Intensive processing has served as an effective tool for Vietnamese shrimp exporters to improve their competitive capacity in the context of a steep increase in the global supply which brought down the price and demand for shrimp in major markets.
The Mekong Delta province of Ben Tre will be developing its shrimp sector’s value chain with intensive farming and advanced technological application, aiming to make it the spearhead of the locality’s industrial production sector by 2025, according to Vice Chairman of the provincial People’s Committee Nguyen Huu Lap.
A delegation from the Israeli city of Nazareth, led by its Deputy Mayor Youset Ayad, worked with authorities and toured shrimp farms in the Mekong Delta province of Bac Lieu on July 6, seeking partnership opportunities for importing shrimp.
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.
Bac Lieu should pay attention to the development of wind power to become the first to capitalise on the clean source of energy in the southwestern region, advised National Assembly Chairwoman Nguyen Thi Kim Ngan.
The Vietnam Association of Seafood Exporters and Producers (VASEP) has asked the Government to strengthen the control of temporary imports for re-export of shrimp from India and Ecuador.
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.
Vietnam’s shrimp industry is expected to gain an export value of 4.8 billion USD in 2018 due to the many advantages of export promotion, experts said.
VietShrimp 2018, the second fair on technology in the shrimp industry of Vietnam, has taken place in the southern province of Bac Lieu province, drawing the participation of over 100 domestic and foreign businesses and groups.
An exhibition on technologies of the shrimp sector in Vietnam is scheduled for the Mekong Delta province of Bac Lieu with a view of turning the locality into a national shrimp industry centre.
The Ministry of Agriculture and Rural Development has asked People’s Committees of cities and provinces with large areas of shrimp farms to employ different solutions in order to reach targets set in the national action plan for the development of the shrimp industry through 2025.
Bac Lieu has rejected a project to build Cai Cung thermal power plant, saying that it wants to become a national centre of renewable energy and a large producer of shrimp farming.
Vietnam’s shrimp industry will become a key economic sector if the national action plan for the development of the shrimp industry by 2025 meets its targets.
The Directorate of Fisheries has set a seafood export value of 9 billion USD for 2018, as heard at a conference held on January 16 by the sector to set out its 2018 tasks.
Vietnam could become self-sufficient in parent shrimp production from now to 2020.
The establishment of a hi-tech shrimp farming zone in the Mekong Delta province of Bac Lieu is expected to create a momentum for the locality to build itself into a centre of shrimp industry.
