January 16, 2024

Vietnam's shrimp industry adopts technology and strategic planning amid global competition

In the face of fierce global competition despite its presence in over 150 countries, Vietnam's shrimp industry is strategically leveraging technology and planning to chart its distinct course forward, Vietnam Plus reported.

According to a representative from the Vietnam Association of Seafood Exporters and Producers (VASEP), Ecuador has significantly boosted its shrimp production, achieving an impressive output of 2.5 million tonnes, intensifying competition in the global market.

In a significant development, Vietnam's Department of Science and Technology in the southernmost province of Ca Mau, in collaboration with the Research Institute for Aquaculture No. 2, has successfully piloted a pioneering shrimp farming model in Cai Nuoc and Dam Doi districts.

This innovative super-intensive white-leg shrimp farming model, implemented in three stages, relies on recirculating aquaculture technology to minimize water exchange, and ensure biological safety. Notably, it has led to a reduction in costs for chemical treatment, labour, and water replacement for shrimp ponds, resulting in an output increase of over 20% compared to conventional methods.

Mekong Delta provinces, such as Ca Mau and Bac Lieu, are actively investing in aquaculture and shrimp farming infrastructure to strengthen their position in this sector.

To facilitate the shift to sustainable high-tech shrimp farming, Nguyen Thanh Tung, director of the Research Institute for Aquaculture No. 2, emphasised the importance of strategic planning for farming areas with access to the national power grid, a stable power supply, clean water, and proximity to waterways.

The General Department of Vietnam Customs reported that the country's shrimp exports were estimated at US$3.4 billion in 2023, reflecting a 21% year-on-year decline. VASEP attributed this drop to a significant decrease in demand in key markets, including the US, Europe, and China, influenced by economic fluctuations and heightened competition from other nations.

-       Vietnam Plus