
Although there are ecological conflicts between shrimp and rice, for now, in conditions where the irrigation system is not yet fully developed, the shrimp–rice model is a temporary solution that can bring benefits to farmers.
Minh Phu Seafood Corporation recorded an after-tax profit of nearly VND 177 billion in the first six months of the year - almost four times higher than the same period last year - thanks to increased production and sales of value-added products.
In 2024, Vietnam exported shrimp to 107 markets, up from 102 in 2023. The top 5 major markets for Vietnam’s shrimp exports were China & Hong Kong, the U.S., Japan, the EU, and South Korea, accounting for 76% of the total shrimp export value. In 2024, shrimp exports capitalized on the recovery of demand and import prices in the U.S. and China, leading to significant growth in exports to these two major markets. Moreover, shrimp exporters have maintained a strong presence in markets like Japan, South Korea, and the EU, thanks to the reputation and quality of their products, as well as the added value of processed shrimp products.
According to the General Statistics Office, Vietnam’s total aquatic production in Q3/2025 was estimated at over 2.71 million tons, an increase of 3.3% compared with the same period in 2024. Cumulatively, in the first nine months of 2025, total aquatic production exceeded 7.26 million tons, up 3.2% year-on-year, confirming a steady recovery of the fisheries and aquaculture sector.