Vietnam faces USD10bn shrimp export challenge
Prime Minister Nguyen Xuan Phuc has urged the shrimp sector to achieve export value of USD10 billion by 2025; however, it won’t be easy for the sector to reach the ambitious target.
Speaking at a seminar on shrimp breeding in Soc Trang Province on March 23, Minister of Agriculture and Rural Development Vu Van Tam said the ministry had set the target of USD10 billion in shrimp export by 2030. But, under the prime minister’s instruction, the ministry needs to take more drastic measures to reach the goal by 2025.
According to the minister, it would not be easy to obtain the goal as the shrimp sector is facing many difficulties. The shrimp sector needs scientific and technological breakthroughs in breeding, production, and disease control. It also needs to expand export markets and respond appropriately to technical barriers.
Dang Quoc Tuan, deputy general director of Vietnam-Australia Seafood Corporation, said that Vietnam needs to solve environmental problems, as the country’s shrimp aquaculture environment is degrading. More should be done to deal with this such as upgrading canals, water supply systems and breeding areas.
To solve the problems, the government needs to study the country’s post-larvae production to raise its management efficiency from production to output: planning concentrated post-larvae production farms; building infrastructure; punishing unqualified production units; and guiding local authorities to supervise local farms, Tuan added.
Truong Dinh Hoe, General Secretary, Vietnam Association of Seafood Exporters and Producers said most of shrimp farms in Vietnam are small scale and they have to depend on imported brood-stock. Besides, the boom of shrimp production in India, the recovery of productivity in Thailand and the development of the shrimp industry in Indonesia have put great pressure on the Vietnamese shrimp industry.
However, Hoe noted that Vietnam can reach its target if the country stabilises the high-quality shrimp supply, maintain tiger prawn production and keep customers in large markets like the US, Japan, South Korea and Australia. Increasing production and diversifying value-added shrimp products will push up value and raise the competitive capacity.
Speaking at a seminar on shrimp breeding in Soc Trang Province on March 23, Minister of Agriculture and Rural Development Vu Van Tam said the ministry had set the target of USD10 billion in shrimp export by 2030. But, under the prime minister’s instruction, the ministry needs to take more drastic measures to reach the goal by 2025.
Prime Minister Nguyen Xuan Phuc has urged the shrimp sector to achieve export value of USD10 billion by 2025
According to the minister, it would not be easy to obtain the goal as the shrimp sector is facing many difficulties. The shrimp sector needs scientific and technological breakthroughs in breeding, production, and disease control. It also needs to expand export markets and respond appropriately to technical barriers.
Dang Quoc Tuan, deputy general director of Vietnam-Australia Seafood Corporation, said that Vietnam needs to solve environmental problems, as the country’s shrimp aquaculture environment is degrading. More should be done to deal with this such as upgrading canals, water supply systems and breeding areas.
To solve the problems, the government needs to study the country’s post-larvae production to raise its management efficiency from production to output: planning concentrated post-larvae production farms; building infrastructure; punishing unqualified production units; and guiding local authorities to supervise local farms, Tuan added.
Truong Dinh Hoe, General Secretary, Vietnam Association of Seafood Exporters and Producers said most of shrimp farms in Vietnam are small scale and they have to depend on imported brood-stock. Besides, the boom of shrimp production in India, the recovery of productivity in Thailand and the development of the shrimp industry in Indonesia have put great pressure on the Vietnamese shrimp industry.
However, Hoe noted that Vietnam can reach its target if the country stabilises the high-quality shrimp supply, maintain tiger prawn production and keep customers in large markets like the US, Japan, South Korea and Australia. Increasing production and diversifying value-added shrimp products will push up value and raise the competitive capacity.
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