Value chain formed to improve shrimp’s competitiveness in Vietnam: Insiders

The shrimp sector should be developed in value chain so as to gain competitive edge amidst prolonged challenges like global economic recession, tensions in the Red Sea, and anti-dumping measures from the US, according to insiders. Director of the Department of Agriculture and Rural Development of the Mekong Delta province of Bac Lieu Luu Hoang Ly said the locality, the region’s largest shrimp larvae producer, has promoted linkage between farmers, suppliers, and producers to form a value chain that brings high economic efficiency to the local shrimp. The model has helped reduce production costs while promoting stable, effective, and sustainable sale, he said, adding the province has paid due regard to completing local farming infrastructure, particularly hi-tech shrimp breeding, intensive cultivation, and rice-shrimp rotation areas. Phung Thi Kim Thu, a shrimp specialist from the Vietnam Association of Seafood Exporters and Producers, held that the value chain contributes greatly ...