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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.

The Vietnam Association of Seafood Exporters and Processors (VASEP) has projected shrimp exports to continue gathering momentum this year, particularly in the EU and China.

(seafood.vasep.com.vn) After a reduction in the first quarter, Vietnam’s shrimp exports in QII and QIII/2017 showed the possitive growth. Of that, exports in QII increased by 52% over QI, exports in QIII increased by 25% over QII and 90% over QI. Vietnam’s shrimp exports in the first nine months of the year reached US$2.7 billion; up 21.4% over the same period in 2016.

(seafood.vasep.com.vn) As of July 2017, Vietnam’s shrimp exports amounted to US$1.9 billion, up 18.5% over the same period last year. Shipments to top 8 leading markets witnessed the good growth, except for the U.S (-5.5%). In the period, exports of whiteleg shrimp remained the large share of 63.2% of Vietnam’s total shrimp exports; while those of black tiger shrimp took up the proportion of 25.6% and those of marine shrimp were 11.2%. In particular, the export proportion of whiteleg shrimp and marine shrimp increased while that of black tiger shrimp decreased compared with the same period in 2016.

(seafood.vasep.com.vn) After the slump in QI/2017, Vietnam’s shrimp exports in QII/2017 inched up 28.2% to eye US$938.9 million. Thanks to the good growth in Apr-Jun 2017, Vietnam’s shrimp exports in the first half of 2017 gained US$1.6 billion, up 15.2% over the same period in 2016.

(seafood.vasep.com.vn) As of July 2017, Vietnam’s shrimp exports amounted to US$1.9 billion, up 18.5% over the same period last year. Shipments to top 8 leading markets witnessed the good growth, except for the U.S (-5.5%). In the period, exports of whiteleg shrimp remained the large share of 63.2% of Vietnam’s total shrimp exports; while those of black tiger shrimp took up the proportion of 25.6% and those of marine shrimp were 11.2%. In particular, the export proportion of whiteleg shrimp and marine shrimp increased while that of black tiger shrimp decreased compared with the same period in 2016.

(seafood.vasep.com.vn) Shrimp imports into the EU accounts for about 30.6% of total worldwide imports, ranging from US$6-8 billion per year. In the past 10 years (2007-2016), shrimp imports into the bloc increased from US$5.6 billion to US$6.7 billion in 2016. The export value bottomed out at US$5.4 billion in 2009 and reached a peak US$7,6 billion in 2014.

Vietnam earned 1.56 billion USD from shrimp exports in the first half of this year, up 15.7 percent annually, according to the Vietnam Association of Seafood Exporters and Processors (VASEP).

Up to 110 small- and medium-sized enterprises (SMEs) of Vietnam attended a conference in Singapore on March 10 to seek trade and investment partnership.  The businesses’ participation benefited from an initiative jointly made by the Vietnam-Singapore Friendship Association, the Vietnamese Embassy in Singapore and the Vietnamese Entrepreneurs’ Club under the Vietnamese Association of Small- and Medium-sized Enterprises.

(seafood.vasep.com.vn) In 2016, Vietnam’s pangasius exports estimated to touch US$1.66 billion, rising 7% from the previous year and accounting for 24% of total seafood export turnover. In 2016, Vietnam’s pangasius was destined to 137 markets around the world, including the US (with the largest share of 23%), China (17%) and the EU (slipped to the 3rd rank with the share of 16%).

(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, the province expected to raise certified organic shrimp farming area to 20,000 ha by 2020. Currently, the province has about 14,000 hectares of mixed shrimp-forest farming with participation of 2,500 households in the two districts of Ngoc Hien and Nam Can and shrimp products in these districts were internationally certified organic. This is also the opportunity to promote the brand name of Ca Mau’s shrimp on the world market.