shrimp

Update news shrimp

Last year has been a year with ups and downs for the seafood sector. While the consumption and export of basa fish stagnated mostly due to the global health crisis, shrimp farmers still saw a successful 2020.

Upbeat shrimp exports amid COVID-19

While seafood exports declined sharply in the first quarter due to the COVID-19, shrimp exports have managed to post slight growth.

VN shrimp segment above water

Despite the complexities of COVID-19, shrimp exporters and processors still see a bright future ahead thanks to new markets, and boosting exports to traditional markets which have cut imports from China.

Overview of Vietnam's seafood export in July

Vietnam’s export of aquatic products in July showed positive signs with an increase of 9 per cent year-on-year, particularly with exports of shrimp and other products rising, except for pangasius.

 

US market: shrimp export growth rises while catfish drops

The US, one of Vietnam’s four top seafood export markets, represented 53.5 percent of Vietnam’s total seafood export value in the first three months of the year.

VN shrimp exporters in tough situation because of SIMP

The US initiated Seafood Import Monitoring Program (SIMP), to take effect from December 31, has created significant challenges for shrimp exporters.

Catfish and shrimp farmers struggle as markets shrink

Both catfish and shrimp are meeting difficulties in exports because of the shrinking market. However, while catfish farmers still can make a profit, farmers of white-legged shrimp cannot.

The hard lot of Vietnam’s shrimp industry

VietNamNet Bridge - Never before has Vietnam’s shrimp industry met such difficulties, as technical barriers have been used in large importing markets.

10 years of ups and downs for Vietnam’s shrimp industry

Vietnam’s shrimp has experienced many highs and lows in the last 10 years, but it may see more stable growth in the future. Recently, PM Nguyen Xuan Phuc decided that Vietnam would aim to become a major shrimp production base fir the world.

Gov't, ministries, bankers and businesses cooperate to breed shrimp

VietNamNet Bridge - Prime Minister Nguyen Xuan Phuc has decided that Vietnam should become the shrimp production base of the world. 

Vietnam’s shrimp gets stuck in the US

VietNamNet Bridge - The US has decided to impose new anti-dumping duties on Vietnam’s shrimp, five times higher than previous years and two to three times higher than duties imposed on Vietnam's competitors.

New tax rate on artemia imports hurts shrimp breeding industry

VietNamNet Bridge - Artermia egg importers have complained that if they have to pay 5 percent import tax arrears, they will be pushed into a corner, while farmers will suffer the most.

Serious drought, high salinity threaten aquaculture in Mekong Delta

VietNamNet Bridge - Damage to a large brackish-shrimp farming area in the Mekong Delta, caused by prolonged drought and saline intrusion, could cause a shortage of shrimp materials for export.

DOC eases anti-dumping duties, but shrimp exporters still unsatisfied

VietNamNet Bridge - Vietnam’s shrimp exports to the US are now taxed less than one percent, but shrimp exporters are not optimistic about exports.

Shrimp breeding protects ecosystem

 VietNamNet Bridge – The breeding of shrimp and other aquatic species in submerged forests in the Mekong Delta province of Tra Vinh in recent years has helped to preserve the forest's ecology.

Shrimp exporters win top world award

VietNamNet Bridge - Viet Nam takes the lead among the world's shrimp supplier community for the highest number of businesses that have been granted four-star Best Aquaculture Practices (BAP) certification.

WTO announces ruling on Vietnam’s shrimp anti-dumping lawsuit

VietNamNet Bridge – The World Trade Organisation on November 17 announced the panel’s final decision on Vietnam ’s lawsuit against the US imposition of anti-dumping tax on its certain warm-water frozen shrimp,

Shrimp prices tumble as anti-dumping duties soar

 VietNamNet Bridge – After the US Department of Commerce imposed the highest ever anti-dumping duties on warm-water shrimp exports from Vietnam, prices for black-tiger and white-legged shrimp in the Mekong Delta have plunged dramatically.

Shrimp market faces another US anti-dumping duty

 VietNamNet Bridge – Vietnamese shrimp exporters are now facing their highest-ever anti-dumping duty after eighth period of review (POR 8) by the US Department of Commerce (DOC) in late August.

Japan may stop Vietnamese shrimp imports

Japanese businesses are planning to import shrimp from India and Indonesia instead of Viet Nam, due to the excessively high levels of oxytetracycline (OTC) in Vietnamese shrimp.