Asia

Solar Power Revolutionizes Shrimp Farming in Vietnam

The Mekong Delta region in Vietnam stands as a beacon of both seafood production and renewable energy potential. Amidst its lush landscapes and unique climatic conditions, a...

Thailand’s Shrimp Prices Stable Amid Market Flux

The latest insights from the Vietnam Association of Seafood Exporters and Producers (VASEP) shed light on the pricing trends in the fourth week of 2024. Particularly, the...

Shrimp Export Concerns Rise as Honduras’ Debt to Taiwan Persists

Honduras finds itself entangled in a financial dilemma with Taiwan, its former key trading partner. Despite the severing of bilateral relations nearly a year ago, the Central...

Indonesia’s Shrimp Success: Unveiling the Top 4 Producers in West Java

Shrimp, renowned for its economic significance in Indonesia, continues to thrive as one of the leading fisheries commodities. In West Java, its economic prowess is exceptional, contributing...

Russian Shrimp Prices Soar Amid Market Shifts

In recent times, residents of Western Russia have been feeling the pinch as seafood prices, particularly for shrimp, have surged dramatically. Reports indicate that the cost of...

Third Land-Based Shrimp Farm Launched in Katsurao, Japan

In Katsurao, Japan, HANERU Co., Ltd. has officially inaugurated its third land-based whiteleg shrimp farm in the village. The inauguration ceremony, held on the 14th at Nogawa,...

South Korea Leads in Affordable Shrimp Imports from Ecuador

Among the countries importing shrimp from Ecuador, South Korea emerges as the leader in securing it at the most affordable price point. Price Comparison with Other Importing Nations A...

US Implements Temporary Ban on Filipino Shrimp Imports

The United States has instituted a temporary ban on the entry of wild-caught shrimps and their byproducts from the Philippines. This decision, communicated through an advisory from...

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,...

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