Vietnam is actively embracing technological advancements and strategic planning to navigate the challenges and establish a unique trajectory for its future growth. Despite being available in over 150 countries, the industry is facing intense competition, prompting proactive measures to stay ahead.

A representative from the Vietnam Association of Seafood Exporters and Producers (VASEP) has highlighted Ecuador’s substantial boost in shrimp production, reaching an impressive output of 2.5 million tons.

A notable development in this endeavor comes from the Department of Science and Technology in the southernmost province of Ca Mau, in collaboration with the Research Institute for Aquaculture No. 2. They have successfully piloted an innovative shrimp farming model in Cai Nuoc and Dam Doi districts.

The whiteleg shrimp farming model, implemented in three stages, leverages recirculating aquaculture technology to minimize water exchange and ensure biological safety. This approach has led to a reduction in costs related to chemical treatment, labor, and water replacement for shrimp ponds. As a result, the new model has increased output by over 20 percent compared to conventional methods.

In addition to these advancements, the Mekong Delta provinces of Ca Mau and Bac Lieu are actively investing in aquaculture and shrimp farming infrastructure.

Despite the industry’s efforts, the General Department of Vietnam Customs reported a decline in shrimp exports, estimated at USD 3.4 billion in 2023, down 21 percent year on year. VASEP attributed this decline to a sharp decrease in demand in key markets such as the US, Europe, and China, influenced by economic fluctuations and heightened competition from other nations.