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Aquaculture

The investment will fund working capital to expand Australis’ operations at Van Phong Bay in central Vietnam. (Image source: Adobe Stock)

The Asian Development Bank (ADB) and Australis Holdings, Inc. signed a US$15mn convertible note to promote climate-resilient, ocean-based barramundi and seaweed aquaculture in Vietnam

The agreement allows for the trial use of NaturalShrimp’s patented shrimp growing technologies. (Image source (Adobe Stock)

NaturalShrimp, Inc., a Biotechnology Aquaculture Company that has developed and patented the first shrimp-focused commercially operational RAS (Recirculating Aquaculture System), has signed a licensing agreement with Niterra Co., Ltd

Seafood exports to key markets such as the United States, China, and Japan have all significantly decreased. (Image source: Adobe Stock)

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), seafood exports in April continued to decline by 28% compared to the same period in 2022

The majority of farmed seafood globally is supplied by small- to medium-sized producers. (Image source: Adobe Stock)

More than 1,000 small-scale farms have now earned Aquaculture Stewardship Council (ASC) certification for responsibly farmed seafood, through the organisation’s group certification scheme

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