Asia

Rising Demand Abroad Spells Trouble for Chittagong Shrimp Traders

The shrimp industry in Chittagong, Bangladesh, once thrived with bustling trade and a dominant presence in the international market. However, recent years have seen a gradual decline...

VASEP Pushes for Removal of Shrimp Export Quota to South Korea

The Vietnam Association of Seafood Exporters and Processors (VASEP) has recently put forth a proposition to the government regarding the shrimp export sector. In light of the...

Indonesia Unveils Ambitious Plans for Aquaculture Expansion

In a bid to accelerate sustainable aquaculture practices and bolster the production of key export commodities, the Ministry of Marine Affairs and Fisheries in Indonesia has rolled...

Bangladeshi Coastal Tiger Prawn Harvesting Season Sparks Economic Boom

As November approaches, the coast of Barguna in Bangladesh becomes abuzz with activity as fishermen prepare for the main harvesting season of coastal tiger prawns. From November...

Environmental Threats Loom Over Vietnam Shrimp Industry

The Mekong River in Vietnam has historically sustained millions across mainland Southeast Asia. However, environmental degradation and climate change are threatening its viability. Factors such as saltwater...

US Import Duty Threatens Indian Shrimp Export Market

The recent decision by the United States to impose a 6% countervailing duty on Indian fish imports has sent shockwaves through the shrimp farming and export community...

Vietnam Province Targets Record Agricultural Production Value

Tra Vinh province, Vietnam, has set a lofty target for its total agricultural production value for 2024. With a goal of reaching VND 32,245 billion (USD 1.32...

Minh Phu Reports 35% Revenue Decline in 2023

Minh Phu Seafood Corporation has recently disclosed its 2023 business outcomes, reflecting a challenging year for the renowned seafood company. Despite facing significant headwinds, Minh Phu's transparency...

WSSV Genome Decoded: Hope for Shrimp Farmers

A groundbreaking discovery has emerged from Bangladesh, offering a ray of hope to the beleaguered shrimp farming industry. A collaborative effort between Chittagong University, Dhaka University, ICDDR,...

The Top Shrimp Exporting Regions in Vietnam

Vietnam stands as the world's second-largest shrimp supplier, contributing significantly to the global shrimp export market. Among its provinces, three locales emerge as the key players in...

Bangladesh Shrimp Export Hit by Quality Concerns

Bangladesh's shrimp export industry has encountered a significant downturn, attributed to a decrease in consumption and demand from international buyers, primarily due to the inclusion of harmful...

Seafood Exports Forecasted to Reach USD 9.5 Billion in 2024

In 2024, the global seafood export market is anticipated to surge to USD 9.5 billion, marking a significant 6% uptick from the previous year. This growth trajectory,...

China Leads Foreign Investment in Indonesian Maritime and Fisheries Sector

China has emerged as the leading contributor to foreign investment in Indonesia during the first three quarters of 2023. This news comes as a boost to the...

Japan’s Shrimp Import Volume Reaches Lowest Point in a Decade

Japan's shrimp imports have plummeted to their lowest levels since 2012. The Japanese Ministry of Finance recently released preliminary trade statistics, revealing a steep decline in the...

Shrimp Trade Between Ecuador and Taiwan Soars in Recent Years

Taiwan is keen on exploring shrimp trade opportunities with Ecuador, according to Augusto H.T. Liao, the government representative of the Taipei-Taiwan Trade Office. Over the past few...

Vietnam’s Ongoing Battle Against IUU Seafood Exploitation

Hai Ha district in Quang Ninh, Vietnam, boasts a 35-kilometer coastline and approximately 23,620 hectares of sea and beach. The rich waters of Hai Ha are home...

Vietnamese Seafood Exports to South Korea Surge by 51% in 10 Years

Vietnam's seafood industry has witnessed remarkable growth in its exports to the South Korean market over the past decade. From 2013 to 2023, the country's seafood exports...

Indian Shrimp Exports Target South Korean Market

India is actively engaging in discussions with South Korea to expand its market access for various products, including shrimp, steel, and rice. These negotiations are part of...

Bac Lieu, Vietnam Aims for USD 1.3 Billion Shrimp Export by 2025

Bac Lieu province in Vietnam has set its sights on becoming a major player in the global shrimp industry. With a strong focus on shrimp production, this...

Vietnamese Student Innovations Reshape Shrimp Farming

In 2023, the ingenuity and forward-thinking of Vietnamese students have led to groundbreaking advancements in the shrimp farming industry. With a focus on efficiency, sustainability, and productivity,...

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