Vietshrimp 2024: Measures sought to recover shrimp industry

The VietShrimp Aquaculture International Fair 2024, themed “In company with shrimp farmers” opened in the southernmost province of Ca Mau on March 20.
Vietshrimp 2024: Measures sought to recover shrimp industry ảnh 1Workers process shrimp for exports in the southern province of Soc Trang. (Photo: VNA)

Ca Mau (VNA) – The VietShrimp AquacultureInternational Fair 2024, themed “In company with shrimp farmers” opened in thesouthernmost province of Ca Mau on March 20.

The event, co-hosted by the Vietnam Directorate of Fisheries, the VietnamFisheries Society (VINAFIS), the Vietnam Fisheries magazine, and Ca Mauprovince’s Department of Agriculture and Rural Development,features about 200 booths of 150 domestic and international exhibitors.

The two-day fair also includes four seminars about technologytransfer to promote circular economy in the Vietnamese shrimp value chain,low-emission and sustainable shrimp industry through circular economy, qualityimprovement and value enhancement for Vietnam’s shrimp industry, and discussionon how shrimp farming to achieve the highest efficiency.

VINAFIS Chairman Nguyen Viet Thang said that for many years,shrimp has been a key product of Vietnam, bringing home nearly 4 billionUSD from export each year, accounting for about 45 - 50% of the total aquatic export value.

Currently, Vietnam is one of the largest shrimp-producingcountries in the world and is in the top four in the world in terms of exportstogether with Ecuador, India and Indonesia.

However, because of difficulties both inside and outside the country, Vietnam’s shrimp exportturnover in 2023 declined to only 3.45 billion USD, down 19.8% compared to2022.

The industry is forecast to continue to face manychallenges this year including abnormal weather conditions,high input material prices, high risk of diseases, high inflation in manycountries and high logistics costs.

The organiser of VietShrimp 2024 hopes the fair will provide a venue for the State, scientists, businesses and farmers to sit down together to seek effective solutions to bring the shrimp industry back to the growth trajectory and realise the goal of sustainable development, he said. 

Speaking at the opening ceremony, Deputy Minister of Agriculture and Rural Development Phung Duc Tien said that Vietnamese seafood products have entered nearly 170 countries and territories, and Vietnamese shrimp products are now sold in more than 100 markets.

He said that Vietshrimp 2024 – the fifth of its kind held annually in Vietnam – is designed to promote and introduce the potential, strengths, image and brand of Vietnamese shrimp. It also creates an opportunity for authorities, experts, scientists, businesses, cooperatives and shrimp farmers to keep updated on the situation and new scientific and technical advances and discuss measures to overcome limitations and shortcomings of the shrimp industry.

Le Van Su, Vice Chairman of the Ca Mau provincial People'sCommittee said shrimp has played a key role in Ca Mau'sagricultural industry.

In 2023, the province had about 278,000 ha of shrimp farmingarea, producing 231,000 tonnes, and earning over 1 billion USD from shrimp export,accounting for 40% of the total shrimp farming area in Vietnam, 22% of thecountry’s output and nearly 30% of the country's shrimp export value.

Su acknowledged the difficulties and limitations that theprovince’s shrimp industry is facing, noting that the Vietshrimp 2024 willbring opportunities for local authorities and farmers to learn and improveshrimp production, processing and exports in the coming time./.

VNA

See more

TPBank secures 120 million USD loan from JICA. (Photo courtesy of JICA)

TPBank secures 120 million USD long-term loan from JICA

The Japan International Cooperation Agency (JICA) officially signed a loan agreement with the Tien Phong Commercial Joint Stock Bank (TPBank) under the Private Sector Investment Finance (PSIF) project on January 14.

Kim Long Motor Hue JSC and Changan Automobile Group sign a cooperation agreement on building a factory. (Photo: VNA)

New passenger car factory to be built in Hue

Kim Long Motor Hue Joint Stock Company and Changan Automobile Group (China) on January 14 signed a cooperation agreement to build a passenger car factory at an industrial park in the central city of Hue that will be capable of producing 50,000 vehicles per year.

Illustrative photo (Photo: VNA)

Quang Ninh sets land clearance as priority for FDI attraction

The northern province of Quang Ninh is on a mission to cement its status as one of Vietnam's premier destinations for foreign direct investment (FDI), with a strategic focus on land clearance for industrial park infrastructure projects this year.

Deputy Prime Minister Tran Hong Ha at the 12th meeting of the national steering committee for IUU fishing prevention and control on January 14 (Photo: VNA)

Deputy PM orders enhanced fishery management tools

Deputy Prime Minister Tran Hong Ha has asked the Ministry of Agriculture and Rural Development to complete the comprehensive integration and smooth connectivity to the national fisheries database (VN-Fishbase), vessel monitoring system (VMS), and electronic traceability system (eCDT) in Q1, ensuring seamless data flow from central to local authorities, a move to clamp down on illegal, unreported and unregulated (IUU) fishing.

A view of the Van Phong economic zone in Khanh Hoa province. (Photo: VNA)

Huge room for Khanh Hoa to expand cooperation with Chinese firms: official

With its strategic importance in the central key economic region, well-developed and interconnected infrastructure, coupled with ample potential for tourism development, Khanh Hoa province is an ideal location for Chinese businesses to seek opportunities for cooperation and investment, Vice Minister of Foreign Affairs Pham Thanh Binh has said.