Vietnamese shrimp exporters set ambitious goals for 2025

Vietnam’s shrimp exports are targeted to reach between USD 4.5 (EUR 4.2 billion) and USD 5 billion (EUR 4.7 billion) by 2020, requiring an annual increase of between 9.5 and 12 percent.

The Ministry of Agriculture and Rural Development (MARD) said these aims are set in the national action plan on developing the shrimp sector to 2025, to be submitted to the prime minister.

As mandated by the premier, the sector is to earn USD 10 billion (EUR 9.4 billion) by 2025 and should …