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Shrimp breeders expand production, seek to join global supply chains

08/10/2019, 10:36

After four decades of development, Vietnam’s shrimp breeding industry has been recognised as the third top exporter in the world market. Shrimp is one of the country’s major farm exports.Truong Dinh Hoe, General Secretary of the Vietnam Association of Seafood Exporters and Producers (VASEP), said that Vietnam’s shrimp exports surpassed Thailand in 2013, attaining an export turnover of 3.1 billion USD, compared with Thailand’s 2.3 billion USD.In 2017, Vietnam had shrimp export turnover of 3.8 billion USD, double Thailand’s shrimp exports of 1.9 billion USD, said Hoe.To reach the target of shrimp export value of 10 billion USD for 2025 (as instructed by the Prime Minister), shrimp breeding firms have mobilized capital to expand areas under shrimp breeding and ensure shrimp quality and safety, allowing for traceability of produce to meet consumption demand.Sao Ta Foods Joint Stock...

A shrimp breeding pond in the Mekong Delta province of Soc Trang (Photo: VNA)

Source: VNA


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Shrimp breeders expand production, seek to join global supply chains