Vietnam's shrimp industry charts own course amid global competition

Published 2024년 2월 8일

Tridge summary

Vietnam's shrimp industry is grappling with increased global competition, particularly from Ecuador, leading to the adoption of technology and strategic planning to enhance production. The Department of Science and Technology in Ca Mau province, in partnership with the Research Institute for Aquaculture No. 2, has piloted a successful super-intensive white-leg shrimp farming model, which has reduced costs and boosted output by over 20%. Despite these efforts, Vietnam's shrimp exports saw a 21% decline in 2023 due to reduced demand in key markets and heightened competition.

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Original content

HCM City (VNA) - Despite its availability in over 150 countries, Vietnam's shrimp industry is grappling with fierce competition from global counterparts, prompting the proactive application of technology and strategic planning as the sector is making endeavors to carve out its unique path forward. A representative from the Vietnam Association of Seafood Exporters and Producers (VASEP) revealed that Ecuador has substantially boosted its shrimp production, reaching an impressive output of 2.5 million tonnes. In a noteworthy development, the Department of Science and Technology in the southernmost province of Ca Mau, along with the Research Institute for Aquaculture No. 2, has for the first time successfully piloted a shrimp farming model in Cai Nuoc and Dam Doi districts. This innovative super-intensive white-leg shrimp farming model, carried out in three stages, relies on recirculating aquaculture technology to minimise water exchange and ensure biological safety. It has led to a ...

Source: Vasep