Vietnam eyes $4 bln in shrimp exports
Sejumlahnelayan mengangkut udang hasil tangkapan usai pulang melaut di Kampung Nelayan Belawan Medan, Sumut, Kamis (17/4). Nelayan mengaku hasil tangkapan udang mulai melimpah meski kondisi cuaca tak menentu, udang tersebut kemudian di jual ke pengepul seharga Rp. 50 ribu per kilogram. ANTARA FOTO/Septianda Perdana/ed/nz/14

shrimp-1024x683.jpg

Vietnam targets a 5 percent increase in shrimp exports this year to $4 billion.

It also targets output of 930,000 tons and having 740,000 hectares of shrimp farms, said Tran Dinh Luan, director of the Directorate of Fisheries, said at the VietShrimp Aquaculture International Fair in Can Tho City on Wednesday.

He expected Vietnam to become the world’s biggest producer of farmed shrimp by 2045 with an output of four million tons and a 25 percent global market share.

Now there are 200,000 hectares of high-tech shrimp farms, 95 percent of them in the Mekong provinces of Bac Lieu and Soc Trang, mostly belonging to foreign companies.

Shrimp exports face difficulties since costs have risen by 20 percent due to a 200-500 percent jump in transport costs, Luan said, pointing out that shipping a container of shrimp to Europe has increased from $1,500 to $6,500, and even $7,500.

Last year, shrimp exports were up 11.7 percent to $3.8 billion, and output had been 900,000 tons.


About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.


CONTACT US

CALL US ANYTIME

Most read



Retail updates

Stay up to date of the lates updates and retail news from Asia.








X