Asia

Sao Ta Foods Eyes USD 210 Million Sales Target for 2024

Sao Ta Foods has demonstrated impressive growth in May, with sales soaring to USD 15.55 million, marking a significant 43% increase compared to the same period last...

Vietnam’s Shrimp Export Boost Amidst Agro-Forestry-Fishery Growth

Vietnam has seen significant growth in its agro-forestry-fishery exports, with shrimp playing a notable role. From January to May, the country exported an estimated USD 24.14 billion...

Indian Shrimp Exports Witness Decline Amid Global Demand Slowdown

In the fiscal year 2023-24, India's marine product exports experienced a contraction of 8.74%, falling to USD 7.37 billion. This decline, as reported by the commerce ministry,...

Cyclone Remal Devastates Bangladesh’s Shrimp Industry

On Sunday night, Cyclone Remal tore through the low-lying areas of Bangladesh, leaving a trail of destruction in its wake. Among the hardest-hit were the hundreds of...

ASEAN-Australia Workshop Promotes Sustainable Shrimp Aquaculture in Bali

The ASEAN-Australia Indo-Pacific Workshop on the Use of Technology for Sustainable Aquaculture took place on May 21-22 at the Intercontinental Hotel Sanur in Bali, Indonesia. This event...

Vietnam’s Shrimp Farming Practices Foster Ecotourism and Sustainability

In the southernmost province of Ca Mau, Vietnam, approximately 140,000 hectares of forest are being protected and developed through sustainable models. These forests not only serve as...

Vietnam Approves USD 785 Million Plan to Transform Shrimp Sector

The southernmost province of Vietnam, Ca Mau, has announced a substantial investment plan for its shrimp sector. On Saturday, Huynh Quoc Viet, Chairman of the Ca Mau...

Myanmar’s Shrimp Exports Set to Boost Aquatic Revenue in 2024

Myanmar is poised to achieve significant growth in its aquatic export sector, with expectations to earn USD 805 million this fiscal year. This optimistic projection is supported...

Half of World’s Mangroves Threatened by Human Activity, Including Shrimp Farming

Half of the world's mangroves are at risk of disappearing, according to the first comprehensive assessment by the International Union for Conservation of Nature (IUCN). The analysis...

Honduras and China Strengthening Shrimp Trade Ties

Honduras and China are steadily advancing their Free Trade Agreement (FTA) negotiations, aiming to solidify a mutually beneficial relationship. Helui Castillo, the commercial policy manager of the...

Thai Shrimp Imports Under Scrutiny: Allegations of Modern Slavery Resurface

Shrimp, tuna, and crab from Thailand are once again at the center of controversy, with European officials warning of potential removal from Western supermarket shelves. The concerns...

New Shrimp Farm in Philippines to Produce 100 Tons Annually

To enhance shrimp farming in the Philippines, Chareon Pokphand Foods (CPF), a prominent Thai company, has partnered with the Government of Laoag Employees Development Cooperative (GLEDCO). Together,...

Indonesian Court Frees Activist Convicted for Exposing Illegal Shrimp Farms

Indonesian environmental activist Daniel Frits Maurits Tangkilisan has been exonerated on appeal from hate speech charges related to a Facebook post criticizing illegal shrimp farms in a...

Vietnamese Shrimp Industry Eyes Larger US Market Share

Vietnamese aquatic products, particularly shrimp, are on the cusp of capturing a larger share of the US market. Experts suggest that this expansion could become a reality...

Double-Digit Growth for Vietnamese Shrimp in EU

Vietnam’s shrimp industry experienced significant growth in April, with a notable increase in exports to key international markets. According to the Vietnam Association of Seafood Exporters and...

Shrimp Exports from Ecuador Decline as Chinese Demand Falls

Despite efforts to diversify its markets towards Europe and the United States, the Ecuadorian shrimp sector has been significantly impacted by reduced consumption in China and other...

Congressional Committee Investigates Slave Labor Allegations in Indian Shrimp Industry

A congressional committee in the United States is currently investigating allegations of slave labor in the Indian shrimp industry. These practices are contributing to the rock-bottom shrimp...

Sri Lanka’s Coastal Restoration Transforms Shrimp Farms into Mangrove Havens

The abandoned shrimp farms in Sri Lanka tell a story of once-flourishing biodiversity and the loss incurred due to industrial expansion. Sri Lanka is now turning the...

Uzbekistan to Launch First Industrial Shrimp Project

The Uzbekbaliksanoat Association has announced a partnership with South Korea to initiate the first industrial shrimp cultivation project in Uzbekistan, aiming to enhance shrimp production and meet...

Forced Labor Decline in Thai Shrimp Industry

The US Department of Labor (DOL) has proposed to revise a decision dating back 15 years regarding the prevalence of child labor within the Thai shrimp industry....

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