Following the increase in March, Vietnam continued to boost its value of seafood exports in April, with sales to most major markets on the rise, according to the latest customs data.
The country shipped seafood worth USD 750.1 million (EUR 619.5 million) in the month, 21.8 percent higher year-on-year.
The United States was the largest destination in value terms in April, purchasing seafood worth USD 148.9 million (EUR 123 million), jumping 63.6… Read More
A wave of COVID-19 sweeping across India is expected to have a deleterious impact on India’s shrimp-farming sector, according to a senior official from Fimex (Sao Ta), a top shrimp firm in Vietnam …
Photo courtesy of Archer… Read More
India’s Marine Products Export Development Authority (MPEDA) has given a shrimp hatchery in Andhra Pradesh a certificate for its antibiotic-free seed production, MPEDA said in a statement on 27 April.
SVR Hatcheries was the first hatchery in India to get the SHAPHARI certification for its production following mandatory audits from MPEDA.
In Sanskrit language, SHAPHARI means “superior quality of fishery product suitable for human… Read More
Thai Union has announced its participation in the Ocean Disclosure Project, a global initiative where seafood businesses publicly share details on the sourcing of their seafood.
In a statement, Thai Union said its involvement is part of its efforts to realize its global sustainability strategy, SeaChange, as well as traceability and transparency commitments in its business operations.
As a participant of the project, Thai Union will make public… Read More
An Giang, Vietnam-based pangasius firm Nam Viet Joint Stock Company (Navico) has undertaken plans to diversify its business operations, a move that has been accelerated by the economic impact of the COVID-19 pandemic.
Navico suffered in 2020 as sales plunged 23.2 percent from 2019, dropping to VND 3.44 trillion (USD 148.9 million, EUR 123.1 million), and its net profit dropped 71.3 percent to VND 202 billion (USD 8.8 million, EUR 7.2 million).… Read More
Vietnam saw its shrimp export value surge in the first quarter of 2021 as sales to many major markets increased, according to a 28 April announcement from the Vietnam Association of Seafood Exporters and Producers (VASEP) …
Photo courtesy of Nguyen Quang Ngoc… Read More
U.S. agricultural commodities and food processing giant Archer Daniels Midland Co (ADM) and Hong Kong-based Avant Meats are opening food labs in Singapore to expand their production of plant-based meat and fish analogs in the region.
ADM’s facility, to be located in its Biopolis research hub in Singapore, will focus on developing “new nutritious products to help meet rising demand of food and beverage in the Asia-Pacific… Read More
India’s seafood industry is beginning to feel the effects of a new wave of COVID-19 sweeping the country.
A shrimp farmer in Gujarat reported to SeafoodSource that farm-gate prices are dropping as farmers in some areas are worried about a rush to harvest early to achieve some value for their crop before anticipated lockdowns or trading restrictions that could be imposed in coming days or weeks. But most farmers he talked with have… Read More