Bac Lieu province in Vietnam: Developing a sustainable shrimp industry value chain

Published 2022년 11월 26일

Tridge summary

Bac Lieu province in Vietnam ranks third in the country in shrimp exports, with a total export value of US$631.50 million in the first 9 months of 2022, an increase of 9.88% from the previous period. The province, known for its large shrimp production, has the potential to export more but is currently only using a fraction of its shrimp production for processing. The province is also investing in high-tech agricultural solutions, with domestic and foreign enterprises investing in aquaculture, seed production, fisheries logistics, and processing. The province has 45 seafood processing factories, all granted certificates to ensure food safety for export, and is implementing a super-intensive shrimp farming model that has a high success rate and is more stable than intensive and semi-intensive farming. The province is also looking for breakthrough solutions in high-tech agricultural development, with modern production lines and technology meeting food quality and safety standards.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Shrimp export turnover ranks third in the country Bac Lieu province ranks third with total export value in the first 9 months of 2022 reaching US$631.50 million, up 9.88% over the same period. In which, frozen shrimp was estimated at USD 614.83 million, equaling 68.79% of the plan, up 9.9% over the same period. However, the seafood export turnover of Bac Lieu province is not commensurate with the existing potential and strengths. In 2021, Bac Lieu produced over 209,910 tons of shrimp, but the number of raw shrimp put into processing plants only stood at about 115,000 tons, accounting for 54% of the total output. This means that 94,910 tons, accounting for about 46% of total shrimp production, are not sent to processing plants in the province. Bac Lieu province is considered as the largest shrimp seed production center in the Mekong Delta, producing 34-35 billion shrimp seed/year, accounting for 50% of the seed market share in the Mekong Delta and 30% of the country's seed market ...

Source: Agriculture