Shrimp

Shrimp prices rebound, boosting confidence among farmers

Over the past month, shrimp prices have seen a steady upward trend, bringing optimism to shrimp farmers as they enter a new production cycle.

In Bac Lieu province, one of Vietnam’s shrimp farming hubs, whiteleg shrimp and black tiger shrimp are being purchased at some of the highest prices recorded since the start of 2025. Traders report that antibiotic-tested, iced whiteleg shrimp from lined ponds are currently fetching VND 215,000 per kilogram for size 20 count, VND 138,000/kg for size 40, VND 132,000/kg for size 50, and VND 95,000/kg for size 100. At these price points, farmers are earning healthy profits after expenses.

Tran Minh Son, a farmer in Long Dien commune, Dong Hai district, noted that shrimp prices have surged significantly in the past month. He currently employs a high-tech, multi-stage farming model that enables his shrimp to grow to larger sizes and command premium prices. “At current rates, we’re finally seeing meaningful profits, which allows us to reinvest in the next cycle and support our families. I’m hopeful prices will remain stable through the end of the year so farmers can enjoy both a bountiful harvest and strong returns,” Sơn said.

According to local seafood buyers, domestic demand for shrimp has risen, and processing factories are ramping up procurement to fulfill export contracts. However, the current off-season has led to a drop in supply, pushing up prices due to scarcity.

Ho Thanh Tuan, Head of Agriculture and Environment Department in Dong Hai district, said authorities are encouraging farmers to adopt high-tech shrimp farming practices to improve yield and quality. “We’re guiding farmers on optimal stocking densities and deploying technical staff to provide on-site support throughout the farming process,” he added.

Bac Lieu province currently has over 140,000 hectares dedicated to aquaculture, producing more than 343,000 tons annually, ranking second nationwide. Shrimp farming, particularly black tiger and whiteleg shrimp, is considered a pillar of the provincial economy, accounting for 60% of its agricultural output and nearly 28% of total GDP. Various models such as intensive, semi-intensive, super-intensive, shrimp – rice rotation, and mangrove–shrimp integration are being applied to diversify production and boost sustainability. 

VFM

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