Toan Dao

Bandung, Indonesia-based start-up eFishery has received a short-term loan worth IDR 500 billion (USD 32.7 million, EUR 33.6 million) from DBS Bank Indonesia to fund its expansion plans.

eFishery Co-Founder and CEO Gibran Huzaifah said the funding will help the company achieve its strategic plan and expand further into international markets ... 

Photo courtesy of

Shrimp output in Thailand is expected to fall by half from its peak this year due to disease issues. In response, in August 2022, the Thai government unveiled a plan to import about 10,000 MT of shrimp from Ecuador and India to ease pressure caused by a domestic shortage of product.

Thailand’s shrimp production totals were among the largest in the world until 2012, when diseases including early mortality syndrome (EMS) began to ravage

The director of a Vietnamese seafood company has been arrested for allegedly illegally appropriating money paid by a U.S. importer in a seafood export contract.

Truong Trung Tin, the director of Trung Tin Seafood Import and Export Limited Company, based in Vietnam’s Ca Mau Province, was arrested 30 September, 2022, on charges he pocketed nearly ... 

Photo courtesy of Ca Mau Provincial Police Investigation

The Russia-Ukraine conflict and rising inflation rates in global markets are negatively impacting Bangladesh’s shrimp exports.

Russia and Ukraine were both markets of significance to Bangladesh’s shrimp exporters until the beginning of the war in March 2022. But Bangladesh’s exports to Russia in the most recent fiscal year, which ended 30 June, dropped to  240 metric tons (MT), down 67.2 percent year-on-year, while the

By 2025, Vietnamese shrimp producer Fimex aims to earn a sales revenue of USD 300 million (EUR 303.7 million) and a consolidated net profit of VND 500 billion (USD 21.1 million, EUR 21.3 million) thanks to its expansion plans, according to Fimex Chairman Ho Quoc Luc.

Fimex’s 2021 export value, which also included sales of agricultural products, grew 12 percent year-on-year to USD 213 million (EUR 215.6 million). Its consolidated net profit

Vietnam's tuna exports to Germany surged 221 percent and its Belgian exports rose 116 percent as part of a 70 percent monthly increase in in its exports to the European Union in August 2022.

Overall, Vietnam made USD 92 million (EUR 91.7 million) from its tuna exports in August, up 86 percent year-over-year, though that increase is partially the results of the nationwide COVID-19-related lockdown Vietnam entered in August

Lower demand from the United States and a shortage of larger-sized shrimp did not cool Vietnam’s shrimp exports in August 2022.

The country’s overall shrimp sales in August reached USD 398 million (EUR 402.7 million), up 41 percent year-on-year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). Through the first eight months of 2022, Vietnam’s shrimp exports are up 24 percent year-on-year in

Vietnamese pangasius exporters are getting higher prices for frozen fillets shipped to the United States, after prices dipped over the summer.

In August 2022, frozen pangasius fillets shipped from Vietnam to the U.S. brought in an average of USD 5.00 (EUR 5.06) per kilogram, up from USD 4.90 (EUR 4.96) per kilogram in July and from USD 4.40 (EUR 4.45) per kilogram in June ... 

Photo courtesy of Nina

The Philippines Bureau of Fisheries and Aquatic Resources (DA-BFAR) is developing breeding techniques to revitalize several freshwater fish species native to the Southeast Asian country.

Indigenous freshwater fish species in the Philippines have been on a decline due to overfishing, worsening water quality, siltation, illegal fishing, competition from non-native species, and climate change, and through the new program, DA-BFAR hopes to