Asia

CJ Group Explores Opportunities in Vietnamese Shrimp Industry

CJ Group, based in Korea, continues to strengthen its foothold in Vietnam, marking the country as a strategic market for its diverse business ventures. With a robust...

Shrimp Development Project in Vietnam Faces Uncertain Future

The Department of Planning and Investment in Binh Dinh, Vietnam, has proposed terminating a high-tech agricultural zone project aimed at shrimp development. This decision revolves around challenges...

Sao Ta Foods Posts Strong First Half-Year Sales Revenue

Vietnamese shrimp processor Sao Ta Foods has announced its financial results for the first half of 2024, with the company reporting a significant increase in sales revenue...

Honduras Loses USD 20 Million in Shrimp Exports Due to Market Closure

Honduras has suffered losses reaching around USD 20 million so far this year. The closure of the Taiwanese market has been the main contributor to this financial...

Bac Lieu Province Reviews Economic Progress and Future Goals

The Bac Lieu Provincial Party Committee in southern Vietnam has held a conference to review the first half of the year and set the stage for the...

Cambodian Prime Minister Releases 1.5 Million Baby Shrimp

To promote sustainable fisheries and ensure food security in Cambodia, Prime Minister Hun Manet released 1.5 million baby fish and young shrimp into a natural lake in...

Agroforestry and Aquaculture Boom Drives Economic Growth in Vietnam

Vietnam's trade surplus in agroforestry and aquaculture products has experienced a 62.4% year-on-year growth in the first half of the year. According to official statistics released by...

Indonesia Shifts Focus to Diversify Shrimp Export Markets Amid US Trade Disputes

In the wake of preliminary decisions on countervailing duties and anti-dumping duties imposed by the US on shrimp imports from India, Ecuador, Indonesia, and Vietnam, the Indonesian...

Mexican Shrimp Producers Eye Japanese Market Opportunities

In Mexico, Baja California's marine species is driving demand from Japan, with the state government and local businesses capitalizing on this trend. Recently, the Secretary of Fisheries...

Vietnam’s Ca Mau Province Seeks EU Solution

According to the People's Committee of Ca Mau Province in Vietnam, the region's shrimp production has been enjoying a strong upward trend in both output and export...

Vietnam Works to Lift EU’s Yellow Card for Illegal Fishing Practices

In a recent interview with the Vietnamese Information Agency (VNA), academic Veeramalla Anjaiah discussed the country's efforts to address the European Commission's (EC) concerns over illegal, unreported,...

Vietnam Shrimp Sector Urged to Develop Value Chain to Stay Competitive

As the global shrimp industry faces prolonged challenges, including economic recession, tensions in the Red Sea, and anti-dumping measures from the US, industry insiders in Vietnam are...

Singapore and Vietnam Set to Strengthen Seafood Ties

A recent conference in Ho Chi Minh City brought together fishing companies from Vietnam and Singapore to explore opportunities for cooperation in the fishing industry. The event,...

Shrimp Prices Plummet in Asia

The third week of June 2024 marked a tumultuous time for the shrimp market in Asia, with prices experiencing significant fluctuations in several key countries. China, Vietnam,...

Thailand’s Shrimp Production Drops by 67 Percent

Thailand has seen a dramatic decline in production, forcing it to import shrimp from Ecuador. Prime Minister Srettha Thavisin has directed the Department of Fisheries to investigate...

India’s Seafood Exports Hit Record High in FY24

Visakhapatnam Port, India, has emerged as the driving force behind India's seafood export industry. In the fiscal year 2024, the port processed 314,199 metric tons of seafood,...

Declining Shrimp Prices Impact Vietnam’s Hi-Tech Farming Efforts

In Ben Tre, Vietnam, farmers are contending with economic challenges. Despite substantial investments in hi-tech farming methods, a notable decline in shrimp prices has presented hurdles to...

Camimex Forecasts USD 75 Million Export Milestone in 2024

In Vietnam, Camimex Group recently concluded its successful 2024 Annual General Meeting of Shareholders. During the event, the company outlined its targets aimed at further solidifying its...

Minh Phu Targets 20% Sales Growth in China

Minh Phu Seafood Corporation is setting its sights on the Chinese market, aiming for a substantial increase in sales. With an initial target to boost sales to...

“Shrimp Mafia” Accused of Encroaching on Mangrove Forests in India

Local authorities in Kendrapara, India, have launched an investigation into allegations of illegal encroachment by a "shrimp mafia" within the Mahakalapada forest range of Bhitarkanika national park....

Trending Articles

Madagascar’s Aquatic Allure for Moroccan Investors

As diplomatic ties between Morocco and Madagascar tighten, the island nation’s shrimp industry emerges...

Vietnam’s Shrimp Crackers Crack Global Markets

In the Mekong Delta province of Dong Thap, two companies have emerged as formidable...

NOAA Layoffs Threaten Future of U.S. Shrimp Industry

The United States ranks as the world’s sixth-largest producer of wild-caught seafood, an industry...

The Premium Price of Purity in Swiss Shrimp

In the landlocked expanse of Switzerland, the notion of fresh, locally farmed prawns might...

Honduran Shrimp Struggles to Win Over China

Honduras and China marked two years of diplomatic relations on March 24, 2025, with...

Vietnam’s Shrimp Industry Eyes $4.3 Billion Export Goal

Vietnam's shrimp industry has emerged as a cornerstone of the nation's export economy, with...