Asia

Shrimp Powers Vietnam’s Seafood Export Boom in 2024

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), seafood export turnover reached USD 11 million for the month, an increase of 11% compared to...

The World’s Largest ASC-Certified Mangrove Model

Minh Phu Certified Shrimp Social Company Limited, in collaboration with local authorities, held a conference to spotlight the progress of the shrimp-forest farming model in Vietnam. The...

Vietnam’s Shrimp Exports on Course for USD 4 Billion in 2024

Vietnam’s shrimp industry has been riding a wave of growth in 2024. With exports totaling USD 3.2 billion in the first 10 months—a 13% year-on-year rise—the sector...

South Korea: A New Market for Honduran Shrimp

Honduras is on the brink of a culinary export renaissance, particularly in the realm of shrimp production. As South Korea emerges as a promising market, the country's...

Punjab Bets Big on Shrimp Farming to Drive Youth Employment and Exports

Punjab's Chief Minister, Maryam Nawaz, has unveiled a targeted internship initiative for shrimp farming in Pakistan. Aimed squarely at young graduates with backgrounds in Fisheries, Aquaculture, and...

Venezuela Pushes for Zero Tariffs on Shrimp Exports to China

Venezuela's shrimp industry is experiencing a gradual yet determined growth in its export potential, according to Fernando Villamizar, president of the Western Shrimp Producers Association (Asoproco). On...

Vietnam Adapts to Trump’s Trade Rules

As Vietnam’s largest seafood export market, the United States presents both tantalizing opportunities and formidable challenges for Vietnamese fisheries, especially in the shrimp sector. With shifting US...

Venezuela Targets Chinese Market with Goal of 600,000 Tons of Shrimp by 2030

Fernando Villamizar, president of the Western Shrimp Producers Association (Asoproco) of Venezuela, announced Venezuela’s plan to scale up its shrimp production to 600,000 tons by 2030. Villamizar,...

Vietnam’s Shrimp Exports Surpassing Targets

Vietnam’s shrimp exports are set to surpass the ambitious annual target of USD 10 billion, driven by strong demand across key international markets. As reported by Deputy...

Indian Fisheries Adapt to US Market Demands

State authorities in Odisha, India, are now mandating the installation of Turtle Excluder Devices (TEDs) on all fishing trawlers as part of a concerted effort to safeguard...

Is Bangladesh’s Shrimp Industry Ready for a Technological Revolution?

Dr. Salehuddin Ahmed, Commerce Adviser to the Government of Bangladesh, stressed the pressing need for technological innovation within the shrimp sector during a meeting with the Bangladesh...

Sakura Shrimp Auction Sees Higher Supply, Lower Prices

As autumn settles in, Japan’s Shizuoka Prefecture heralds the return of its celebrated Sakura shrimp with the opening of its first autumn auctions. These cherry-blossom pink crustaceans,...

Higher Duties on Indian Shrimp: A Competitive Edge for Ecuador and Indonesia?

The recent decision by the US Department of Commerce (DOC) to impose a higher countervailing duty (CVD) on frozen water shrimp from India signals a stormy sea...

Shrimp Giant Minh Phu Sees Earnings Surge Amid Dividends Boost

Minh Phu Seafood Corporation, Vietnam’s largest shrimp exporter, has reported a notable rebound in its financial performance, driven by strong dividend contributions from subsidiaries. The company’s after-tax...

Vietnam’s Struggle with US Tariffs

The United States Department of Commerce (DOC) has tightened its grip on the imported shrimp market, announcing countervailing duties on frozen warmwater shrimp from Vietnam. This latest...

Indonesia Targets Egypt for Whiteleg Shrimp Exports

To enhance its seafood exports, Indonesia is turning its attention to Egypt's burgeoning appetite for whiteleg shrimp. This initiative, spearheaded by the Indonesian Embassy in Cairo in...

Honduras’ Export Hopes Dashed by China

Only one of the 150 containers of Honduran shrimp destined for China will actually be shipped to Beijing. This news has left producers feeling deceived, particularly after...

From Rice Fields to Global Markets: Ca Mau Embraces Sustainability

The rice-shrimp cultivation area of Thoi Binh district in Vietnam’s Mekong Delta has achieved a notable milestone by securing Best Aquaculture Practices (BAP) certification from the Global...

Whiteleg Shrimp Drives Vietnam’s $2.8 Billion Export Boom

Vietnam’s shrimp industry has experienced a strong recovery in 2024, with export turnover hitting USD 2.8 billion in the first nine months of the year, a 10.5%...

Belize and Taiwan Strengthen Ties with Focus on Shrimp Export Expansion

Belize’s shrimp industry is on the brink of expanding its export potential, thanks to a collaboration with Taiwan. Hernán Zetina, Technical Director of Quarantine, and Zoe Robertson...

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