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Japan – the largest importer of Vietnam shrimp in QI/2017 (seafood.vasep.com.vn)
According to the International Trade Centre (ITC), shrimp imports into Japan in the last four years (2011-2015) tended to decrease. However, in 2016, shrimp imports into this market for the first time after 6 years showed signs of recovery with the growth rate of 4% to hit US$2.4 billion. Shrimp imports from Thailand and India into Japan increased by 5% and 9%, respectively, while those from in Vietnam and Indonesia were down 2% and 5%, respectively.

In 2016, demand for shrimp from Japan was improved. Market demand for high-end marine and farmed black tiger shrimp climbed up. Sales of semi-processed/peeled/tail-on shrimp and processed shrimp also went up in 2016. Imports of processed/value-added shrimp such as cooked/peeled shrimp, ready to cooked tempura shrimp, shrimp for sushi and other shrimp products accounts for 27% of total shrimp imports into Japan. Demand for peeled/tail-on shrimp (PTO) and frozen raw shell-on shrimps was also high in supermarkets and tempura shrimp processing companies.

Shrimp imports into Japan in the first 3 months of this year following the upward trend of 2016 with the value of US$493.3 million, up 7% over the same period of 2016. Out of top 4 main shrimp suppliers to Japan, imports from Vietnam, Thailand and Indonesia increased, in which, imports from Vietnam witnessed the highest rise of 27%; while those from India experienced the deepest dive of 33.9%.

Vietnam remains the largest shrimp supplier to Japan, accounting for 25.9% of the total shrimp imports into the country; followed by Thailand with 18.3%; Indonesia with 16.3% and India with 7.9%. In QI/2017, top largest shrimp suppliers to Japan has not changed since 2015. The average import price of shrimp from Vietnam quoted at US$12/kg.

Vietnam’s shrimp exports to Japan began to recover from August 2016 and continued to grow until March this year. If in 2016, Vietnam’s shrimp exports to Japan increased by 2.7%, the figure in Jan-Mar 2017 was 29.6% with the export value of US$135.4 million.

Thanks to double digit growth in the first three months of this year, Japan has become Vietnam's largest shrimp importer from the third rank.

Vietnam stayed as the biggest supplier of frozen shrimp (HS code 030617) to Japan, accounting for 61% of Vietnam’s shrimp exports to this market. Frozen shrimp (mainly whiteleg shrimp and black tiger shrimp) picked up 90% of total shrimp consumption in Japan. Frozen shrimp is one of main parts in traditional Japanese dishes such as sushi and tempura.

In Japan, this item from Vietnam has to compete strongly in price with the same products from Indonesia, China, India and Thailand.

Shrimp imports into Japan, QI/2017




Variation (%)













































(Source: ITC; thousand US$)

REPORT ON VIETNAM SEAFOOD EXPORTS IN 2016By Vasep: www.vasep.com.vn
Vietnam seafood exports has finished year of 2016 with positive results, meeting the target of US$7.05 billion, up 7.3% compared to 2015, though the fisheries sector experiencing difficulties in raw material sources due to drought and salinity and the barriers such as anti-dumping tariff in the US market.

The exports of main products are achieving positive growths, in which shrimp exports reached $3.1 billion, US$1.7 billion for pangasius. Tuna exports recovered with the highest rate of 12% to nearly US$510 million, cephalopod exports also rose slightly by 2.3% to reach US$439 million.

With proactive and flexible dealing with market barriers, anti-dumping tariff, adaptable with conditions of domestic and international supply - demand, companies maintained traditional markets of the USA, EU, Japan, on the other hand they boosted exports of key products of shrimp, pangasius, tuna and cephalopods to the potential markets, especially Chinese market.

Except for Canada and Brazil, exports to other markets in the top 10 major markets, got positive growths, of which exports to Russia increased by strongest rate of 122%, exports to China also had positive growth of nearly 40%.

Exports to the US are expected to be affected by anti-dumping tariff on shrimp and pangasius, but thanks to increased average import price, exports to the US maintained growth of 10% in 2016. However, competitive pressure, anti-dumping tariff and technical barriers will cause exports to the U.S in 2017 difficult to maintain such a strong growth of 2016.

Exports to the EU, Japan recovered slightly by 3.7% and 5.9%, and in 2017 it’s expected to continue rising, but will increase with lower levels than 2016.
REPORT ON VIETNAM SEAFOOD EXPORTS IN QII/2016 (seafood.vasep.com.vn) Drought and salinity in the first half of 2016 affected supply of raw materials for processing and exporting. However, with efforts of enterprise community and recovery in importing demand from some markets, Vietnam’s seafood export turnover in QII/2016 remained the growth of 2.1% after the advance of 6.4% in QI.

With export result of US$1.45 billion in QI and US$1.69 billion in QII, Vietnam’s total seafood exports in the first 6 months of 2016 hit US$3.15 billion, up 4% year on year.

After the growth of 8% in QI/2016, shrimp exports in QII/2016 only rose 2.3% due to shortage of domestic raw materials.

Sales of pangasius and tuna witnessed the respective surge of 8% and 4.8% in QII/2016 after the rise of 2.4% of pangasius and the slump of 5.5% of tuna in QI/2016.

In QII/2016, except for the decline of 12.4% in cephalopod exports (QI/2016: -4.8%), exports of other marine products tend to report year-on-year growth.

Demand from the US remained stable, so exports to the market reported positive growth of 11%. The growth of 43% was seen in exports to China. Exports to some major markets like EU, ASEAN, Australia recovered. The recovery helped to compensate for the slight reduction of 3% in exports to Japan and 1% in exports to South Korea and contributed into the positive growth of Vietnam seafood revenue in the first half of the year. Seafood demand from markets is expected to remain stable or better in the second half of the year.

Jan-Jun 2016: Vietnam seafood exports up 4%

In the first half of 2016, Vietnam seafood exports totaled US$3.15 billion USD, up 4% over the same period last year, thanks to the recovery in the demand for shrimp and pangasius.

Prospects for Vietnam seafood in many big markets (seafood.vasep.com.vn) According to the Ministry of Agriculture and Rural development (MARD), exports of agriculture and forestry aquatic products are expected more promising in 2016 thanks to increased demand in markets and the opportunities to enjoy great tax incentives, higher competitiveness from the free trade agreement just finished in 2015.

The Department of agricultural, forestry and aquatic products and salt (under MARD) said, among the key export markets of Vietnam, demand from the United States will rise sharply and steadily. Taking incentives from TPP would also be advantages for Vietnam agricultural products in the coming time.

For years, wood and seafood products are the major items, bringing a large contribution in the total export turnover of Vietnam to the United States.

EU is a import market with huge purchasing power for different products. The free trade agreement with the EU ended negotiation period, opening up the opportunities for Vietnam agriculture, when 90% of goods imported to the market are applied tariff of 0%.

Coffee, seafood, wood and wood products represent the largest proportion in the Vietnam agricultural products export to EU.

Besides, in 2016 ASEAN will be an area of common market with the liberalisation of goods trade in the area with tax of 0%. The import tax is deleted comletely help easily trading the goods of the countries in the region. Some of the major items exported to the market include the seafood, vegetables, tea, rice, wood, rubber.

Russia is also in the great potential import market as Russia has a large import demand for agricultural commodities that are Vietnam's strengths. Russia’s ban on imports of many agricultural products such as vegetables, fruits and aquatic products from the EU, the United States and some of its neighbours in Eastern Europe would be a good opportunity for Vietnam to increase the export of the items. This is the premise to take advantage of trade agreements with Customs Union of Belarus-Kazakhstan-Russia before other countries have same conditions for market entry. The main products exporting to the market are tea, coffee and vegetables.

For the African market, Vietnam agricultural products are having a foothold in the market and create a reputation for African consumers. The agricultural products exported to the market area is rice, timber and coffee ...

Compiled by Le Hang

From: www.vasep.com.vn

Vietnamese products to be tax exempt in South Korea (vasep.com.vn) Free Trade Agreement between Vietnam and South Korea, known as VKFTA was signed in the morning of 5th May.

The trade deal will bring tons of opportunities for Vietnamese companies when their shrimp export to South Korea is free from tax. This is considered as a significant competitive advantage for Vietnamese exporters. It is confirmed by the South Korea that each year, 10,000 MT of Vietnamese shrimp will be tax exempt, against the current quota of 2,500 MT/year. In the next 5 years, this will be graudually raised to 15,000 MT/year. 

Agriculture, forestry, fisheries products from Vietnam will get benefit from this FTA. Vietnam is remarkably the first partner that South Korea opens market for highly sensitive products such as garlic, ginger or honey, whose tax rates can be 241-420%.
(From: www.vasep.com.vn)
Vietnam seafood exports got the highest growth in 3 years Vietnam seafood exports got the highest growth in 3 years
(From: www.vasep.com.vn)
(Posted time: Thursday, May 22, 2014)

As expected, in QI/2014, Vietnam shrimp exports continued to get positive results in 2013 and reported high growth thanks to increase in whiteleg shrimp production and shipment. This contributed to driving total seafood exports of the country to reach US$1.65 billion, up 31 percent year on year, the highest growth level in 3 years.

Whiteleg shrimp sales reported an year-on-year increase of 212 percent and occupied 60 percent of Vietnam’s total shrimp export value while black tiger shrimp shipment was up 13 percent and made up 32 percent of the total. With the revenue of nearly US$800 million and the proportion of 48 percent of the total seafood exports, shrimp sales compensated for the deep and continuous dive in exports of tuna ( -26 percent), bivalve mollusk (-13 percent) while exports of pangasius and cephalopod reported an unstable growth of 5 percent and 5.7 percent, respectively.

Thanks to soaring in shrimp export turnover, Vietnam’s seafood exports to all markets witnessed a positive growths of 11-74 percent. In QI/2014, the U.S. remained to be the largest importer of Vietnam seafood with the highest growth in shrimp sales of more than 200 percent, pangasius up 16 percent but tuna downed 32 percent. Antidumping duty on Vietnam shrimp and pangasius announced recently by the US Department of Commerce (DOC) and the approval of Farm Bill 2014 have not had a direct impact on Vietnam’s seafood exports in the quarter.

Through March 2014, Vietnam seafood exports to EU rose 19 percent thanks to high demand from the market while exports to Japan went up 10 percent despite low seafood demand from the market.  

In QI/2014, exports of Vietnam shrimp was high thanks to its high supply and price while demand for tuna declined due to lack of high quality raw tuna for processing sashimi. Exports of processed tuna in the quarter downed 12 percent while exports of frozen/fresh tuna fell 33 percent.

With the current state of fish production and exports, which strategies Vietnam will apply to boost exporting shrimp and pangasius and regain the market share of shipment of tuna and other marine products in coming months?



Vietnam main exported seafood products in 2012
(vasep.com.vn) In 2012, Vietnam seafood exports reached US$6.134 billion, up 0.3 percent from those of 2011. Exports of key farmed fish reported negative results, however, exports of tuna, marine finfish posted a positive results thanks to higher catch landings and imports.

Shrimp exports made up the largest proportion of total export value, with US$2.24 billion, down 6.6 percent over that of 2011 in which whiteleg shrimp hit US$741 million (up 33 percent) and black tiger shrimp hit US$1.25 billion (up 56 percent), the rest was other species of shrimp.

In 2012, Vietnam shrimp was sent to 93 markets. Exports to EU and the U.S. strongly slashed (down 24 percent and 19 percent, respectively) due to low demand and Vietnam shrimp’s weaker competitiveness in these markets.

Pangasius products were exported to 142 markets. EU was the largest market but exports to the block showed the strongest decline of 19 percent, hitting US$1.74 billion. Exports to the U.S. remained the growth of 8.4 percent. Other markets kept the positive growth in which China was the most prominent market with the growth of 31.5 percent.

In 2012, Vietnam delivered its tuna to 94 markets with export turnover of US$569 million, up 50 percent compared to that of 2011. Out of Vietnam’s key exported seafood items, tuna experienced the highest growth thanks to higher catch landings and raw tuna imports to process and re-export.

The exports revenue of cephalopods were US$502 million, up 3.5 percent from 2011. In 2012, South Korea and EU reduced importing Vietnam cephalopod (down 12.3 percent and 19.4 percent, respectively). Japan remained the growth of above 10 percent. Other markets (ASEAN, China, Thailand, the U.S..) reported a good results with the growth of 15-30 percent.

Fish paste and surimi earned US$275 million, up 35.6 percent from 2011 thanks to high global demand. Besides, the processors can use domestic raw material for processing and offer affordable price for their products amid economic downturn.

REPORT ON VIETNAM SEAFOOD EXPORT IN THE FIRST QUARTER/2012 (From www.vasep.com.vn) Companion with Seafood Enterprises - published on 15/05/2012.                REPORT ON VIETNAM SEAFOOD EXPORT OUTLINE – QUARTER I/2012



In the first quarter of 2012, Vietnam seafood export reached total value of US$1.324 billion, a 15.3 percent rise compared to the same period of 2011. This period, challenges in supply of raw materials still dominated national export-driven seafood industry. Additionally, local seafood processors had to face a large range of rising costs, as well as challenges from importing markets.

Generally, it is likely to see 9 highlights in Vietnam seafood industry in the first three months:

1.  Lack of raw material

2. Serious lack of capital, negative impact on production

3. Higher production cost and weak competitiveness due to inappropriate policies

4. Numbers of seafood exporters down 40 percent

5. Export to the EU slowing down due to regional financial downturn

6.  Pangasius companies boosting export to the U.S

7. Increase trend in export to Asian markets

8. Australia recording the highest growth of 42.3 percent

9. Rise in raw material import


  1. Production: Scarcity of raw material is going on in QII.
  2. Export: It is forecasted that seafood exports in QII will show a slight increase of 2 – 3 percent from that of the same period of 2011. The growth in seafood exports will slow down over the corresponding period last year.



In the first quarter of 2012, Vietnam shrimp exports touched over US$436 million, representing a modest growth of 9.3 percent from that of the same period of 2011. Plague on shrimp tended to spread, shrimp price on the global markets sank, import demand from Japan, the U.S., and EU was unstable, there were a lot of unfavorable policies which hampered shrimp exports in QI/2012. Thanks to the shift in exports to Asian markets, shrimp shipment in the last three months remained a positive but modest growth.

2.  Epidemic on shrimp spreaded out

3.  Shrimp price in the global market sank

4.  Affect of unfavourable policies

5.  Instability in shrimp exports to EU, Japan and the U.S

6.  Shrimp exports to Asia and Australia rose sharply


  1. Production: Black tiger shrimp price is expected to rise sharply and whiteleg shrimp exports continue to show its strengths
  2. Exports: Shrimp shipment to Asian market continues to surge 



In the first quarter of 2012, Vietnam exported 1661.202 MT of pangasius for a total of US$425 million, up 5.3 percent in volume and 13 percent in value compared to the same quarter of 2011. However, the result is not reflection of development trend of pangasius industry because growth in fish export value does not mean high profit earned by exporters.

In general, pangasius production and export in the first quarter of 2012 has eight main points:

1. Prices of raw material and pangasius fingerlings favorable to fish farmers

2. Difficulties in credit access and high bank loan rate payment

3. Drop of 20 percent in proportion of seafood exported to EU

4. Spanish market’s recovery

5. Slowing down export to Brazil, but higher market share in Q.I/2012

6. Pangasius export to the U.S. up from 14.6 percent in Q.I/2011 to 19.3 percent in Q.I/2012

7. Mexico becoming the third single market of Vietnam pangasius

8. Drop in pangasius shipment to Russia due to government measures to cut import and enhance domestic consumption


  1. Production: pangasius processors still face lack of raw material due to shortage of capital
  2. Exports: Pangasius delivery to EU slows down


       10 basic analysis on production and exports of marine product in QI/2012
  1. Catch landings rose but couldnot meet raw material demand for processing and exporting
  2. Fishermen and processors of marine products lack capital
  3. Marine product enterprises subjected to many irrational costs
  4. Marine product imports increased
  5. The export proportion of bivalve mollusk and swimming crab reduced, that of tuna and other finfish rose
  6. Exports of processed marine products increased (HS code 16)
  7. The number of importers reduced
  8. Tuna exports to the U.S. reduced moderately but to EU rose
  9. Lack of raw material led to reduction in octopus export proportion
  10. Bivalve mollusk exports continued to reduce


  1. Production: Marine product exporters still speed up importing raw material for processing and exporting.
  2. Exports: Demand for tuna in the U.S. market is still high while EU market witnesses a decrease.
Vietnam seafood exports target US$6.5 billion in 2012 (Accoding to VASEP) (vasep.com.vn) According to reports, the total agro-forestry-seafood turnover nationwide in 2011 reached US$25 billion in which seafood turnover hit US$6.1 billion.

According to Association of Seafood Exporters and Producers (VASEP), in 2011, seafood enterprises are facing a lot of difficulties such as shortage of raw materials, particularly raw pangasius and shrimp. As the result, the price of raw materials increased two or threefold higher than that of the previous year. Besides, seafood industry also coped with technical barriers, more and more severe requirements of food hygiene and safety by Japan, low shrimp importing demand of EU affected by ongoing economic crisis in many European countries.

To achieve the seafood export targets of US$6.5 billion in 2012 forecasted by MARD (Ministry of Agriculture and Rural Development), the industry has to push up domestic raw material source, reduce post-harvest loss from 10 percent to 20 percent. Besides, seafood enterprises not only import squid, octopus, marine shrimp, marine finfish but also should focus on importing farmed fish source from the countries where processing industry are still weak, Mr. Truong Dinh Hoe, General Director of VASEP said.

New standard for packaging suppliers will boost food safety, says BSI(foodqualitynews.com) New guidelines launched today set out streamlined safety systems between food manufacturers and the packaging used for their products, said the British Standards Institute (BSI).

The specification - PAS 223 Prerequisite programmes and design requirements for food safety in the manufacture and provision of food packaging - provides a common international process for developing a prerequisite programme (PRP) for food and drink packaging safety, said the body.

By industry, for industry

The 20-page document was put together by experts from Coca-Cola and has been endorsed by a raft of industry-leading packaging and food companies such as Nestle, Tetra Pak, Kraft, Owens-Illinois, Rexam and Amcor Flexibles.

“We recognise the need for an ‘end-to-end supply chain approach’ for food safety,” said project leader Neil Marshall, global quality and food safety director at Coca-Cola. “It is vitally important that packaging risks are managed and mitigated using the same science-based approach we use for ingredients and manufacturing processes.”

The BSI said the guide would also be of interest to food safety certification bodies across the world. The Foundation for Food Safety Certification (FSSC) and Institute of Packaging Professionals/FSAP (Food Safety Alliance for Packaging) have signed off on the standard.

Areas covered

The industry-designed document is aimed at food packaging firms to ensure its management systems meet the requirements for PRPs laid out in BS EN ISO 22000.

The specification sets out the requirements for programmes across 19 areas. These include large-scale considerations such as layout and workspace, as well as utilities, waste and equipment.

Systems and conditions for contamination and migration, packaging withdrawals and bioterrorism as well as food packaging design and development are also assessed.

Requirements for design have been included in this PAS because of the potential safety hazards that can arise if the food packaging is not suitable for the intended use, said the BRI.

“By working closely with leading food, drink and packaging manufacturers, BSI has developed a set of prerequisite requirements that will help lower the risk of food safety,” said the body’s director Mike Low.

PAS 223 Prerequisite programmes and design requirements for food safety in the manufacture and provision of food packaging is available from the British Standards Institute (BSI) price ₤80 (€88)

Đinh Hà
For fisheries industry to sustainably develop (By Vasep) For the fisheries industry to sustainably develop, increase the production and export value, recently the Center for Consulting and Fisheries Planning made the development scenario for Vietnamese seafood processing industry in 10 coming years.

Accordingly, seafood export turnover in the period 2011 – 2015 will reach US$6.5 billion per year. In the period of next 5 years, export value and volume increase to US$8 billion and 1,900 thousand MT per year.

Ms Tran Thi Dung, Director of the Center for Consulting and Fisheries Planning said the fisheries industry must invest in upgrading the processing plants and building the cold storages. The fisheries industry should maintain its current export rate to major markets like the U.S., Japan and EU. By 2020 the demands of these markets are estimated to increase. In the period 2011 - 2020, frozen shrimp, pangasius and cephalopod (squid, octopus) are still important items in the seafood export structure of Vietnam, accounting for 80 percent. Besides, the fisheries industry is also expanding new products. By 2015, exported tilapia production is estimated at 30,000 MT, worth US$80 million.


Furthermore, seafood processing plants will link to the raw material zones and its processing centers. For the Red River Delta, the plants will be put in Hai Phong with sea ports conveniently for transporting and can focus on the cold storage investment. For the Mekong Delta River, it is necessary to build around 10 to 12 plants with the capacity of 4.000 – 5.000 MT per year and the productive use of equipments at 90 percent to ensure the export production planning.

By 2020, this region needs to invest in new plants with the capacity of about 5,000 MT per year in some provinces like Soc Trang, Tra Vinh, Can Tho and Dong Thap. The Minister of Agriculture and Rural Development Cao Duc Phat said that to solve problems of aquaculture, it is essential to immediately stop the ineffective rampant farming development, in particularly uncontrolled seed and farming environment quality, affecting the prestige and efficiency of production.
Vietnam's shrimp exports recovering to EU and U.SShrimp exports increased  sharply recently  after a  several month  decline which  started in  early 2009
In June, Vietnam  exported 19,000 tonnes of shrimp, earning US$148 million. Those figures increased 13.5 per cent in volume and 3.9 per cent in value compared with the same period of last year.

The increase in volume pushed the total export volume of shrimp up by 1.8 per cent to 72,288 tonnes in the first half of this year compared with the same period of last year, the association said.

However, the value of the total exports in the first six months of 2009 fell slightly by 4.7 per cent to US$589.2 million in that same time period.

VASEP expected the situation for Vietnamese seafood exporters to be brighter in coming months due to a resumption of demand for seafood in the EU and the US, key export markets for Vietnamese shrimp.

Shrimp exports to the EU in June increased sharply by 65 per cent in volume to 3,728 tonnes and 48.6 per cent in value to US$24.4 million. After three months of decline in shrimp exports from Vietnam to the US due to the global economic crisis, exports to that market picked up in April and experienced a double-digit growth rate by the end of June.

In the first six months of the year, Vietnam exported 15,191 tonnes of shrimp to the US, earning US$147.3 million, an increase of 18.3 per cent in volume and 2.1 per cent in value over the same period of last year.

China has become a key market for Vietnamese shrimp with volume exported there increasing at a high rate from early this year until now.
“Planning on fishing port system to 2020 and orientation 2030” approved“Planning on fishing port system to 2020 and orientation 2030” approved. Under the approved planning, Viet Nam will have 211 fishing ports, with the combined capacity of 2.36 million MT per year by 2020.
The Prime Minister has approved the “Planning on fishing port system to 2020 and orientation to 2030” in the Decision No.346/QD-Ttg dated March 15, 2010.

Under the approved planning, Viet Nam will have 211 fishing ports, with the combined capacity of 2.36 million MT per year by 2020.

The investments needed total VND8,000 billion. Which will be obilized from such various sources as state budget, local funds, and domestic and foreign economic sectors. The state budget is used to build basic infrastructure of the first-grade fishing ports.

Domestic and foreign organizations and individuals are encouraged to invest in fishing port infrastructure as well as services facilities needed.
The National Action Plan on Sustainable Fisheries Development in 2010-2020MARD and the Food and Agriculture Organization (FAO) jointly held two two-day seminars on “Building the national action plan for the sustainable development of the fisheries sector upon Viet Nam’s accession to the WTO during the period 2010-2012” in Hai Phong in June 4-5 and in Can Tho city in June 8-9, 2009
Viet Nam’s seafood export industry is reported to be among the fastest grown ones in the world, with an average growth rate of 18 percent in term of value in the period 1998-2008. Seafood products made in Viet Nam are now present in 160 markets worldwide, including three major market blocks EU, Japan, the U.S., and new emerging markets like Central Europe, the Middle East and America as well.

Shrimp and Pangasius remained the key export seafood items of the country. Shrimp exports albeit increased, its share in export product structure decreased. Pangasius exports have experienced miraculous growths since 2000. In 2008 alone, Pangasius exports reached640,000MT, accounting for nearly 50 percent of the country’s seafood export volume.

However, there remain difficulties and challenges ahead. Therefore, it is vital to build the National Action Plan on Sustainable Fisheries Development, especially after Viet Nam became a full member of WTO. To do this, it is advised to review, adjust and amend the legislative system in accordance with the country’s development level and position in the international fisheries community; ensure respect and harmonization to international agreements and treaties on responsible fisheries; and protect customers’ rights.

Viet Nam should invest in more modern and cleaner technologies, back up the establishment of ASEAN Fisheries Federation, a non-governmental organization, to strengthen regional relationship, minimize unhealthy competition, and improve efficiency in negotiating with international partners. Especially, it is vital to regularly provide updated information on international market situations for seafood producers, processors and exporters. (Vietfish News)
Whiteleg shrimp enjoy favorable conditions in Viet NamIn 2009, Viet Nam  exported more than 50,000MT of whiteleg shrimp, worth more than US$300 million. According to fisheries experts, in 2010, black tiger shrimp remains an export staple of the country, while whiteleg shrimp exports might significantly increase thanks to lower sales price
It is expected that whiteleg export volume this year will amount to around 150,000MT, threefold compared with 2009, which might bring U$500-600 million, accounting one third of the country’s total shrimp export value. Whiteleg shrimp has been farmed widely in the last two years only.

Mr. Vu Van Dung, Acting Director of the Department of Aquaculture, said Viet Nam has full potentials to develop farming small-sized whiteleg shrimp thanks to low production cost, high output, and shrimp’s size suitable with the demand of worldwide customers.

According to VASEP, sales price of whiteleg shrimp in the Mekong Delta increased threefold against January 2009, and it might increase until the end of this March. Sales price of whiteleg shrimp is now the highest in the recent 2-3 years.

Japan, a major importer of Viet Nam’s seafood, is importing more and more whiteleg shrimp from Viet Nam.