Tridge summary
The 2023 Shrimp Industry Development Conference by Vietnam's Ministry of Agriculture and Rural Development reviewed a successful 2022 for the shrimp industry, which saw over 737,000 hectares of brackish water shrimp farming and an estimated output of 745,000 tons. The industry experienced a significant growth in export value, reaching between 4.1 and 4.2 billion USD, with a plan to expand shrimp farming areas and exports in 2023. However, the industry faces challenges such as high production costs and issues with seed production information sharing. To address these challenges, the Deputy Minister suggested measures to improve product quality, environmental monitoring, and compliance with laws and regulations, aiming to reduce intermediaries, lower production costs, and strengthen trade promotion for both domestic consumption and international markets.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
On March 3, the Ministry of Agriculture and Rural Development held the 2023 Shrimp Industry Development Conference to review the results in 2022 and discuss to find solutions to develop the brackish water shrimp industry in 2023. According to the report of the Directorate of Fisheries, in 2022, the total area of brackish water shrimp farming in Vietnam will reach 737,000 ha, basically unchanged compared to 2021. In which, the area of black tiger shrimp farming is estimated at 622,000 ha, the area of black tiger shrimp farming is estimated at 622,000 ha. Vannamei shrimp farming is estimated at 115,000 ha. The output of brackish water shrimp is estimated at 745,000 tons, of which the output of black tiger shrimp is 271,000 tons and whiteleg shrimp is 474,000 tons. In 2022, the shrimp industry has significant growth in output and export value. In which, export turnover is estimated at 4.1 - 4.2 billion USD, an increase of over 10% compared to 2021 is a notable bright spot. According ...
Source: Vietstock
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