Vietnams shrimp industry is set to receive a significant boost in international market value thanks to the innovative Grofarm model introduced by Grobest
Aquaculture
ADB invests millions in ocean-based aquaculture in Vietnam

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
New shrimp feed enables clean, simplified operation and better growth for hatcheries

The precisely produced, stable micro diet improves larval performance while simplifying feed management. (Image source: Adobe Stock)
Elevia is a new, innovative feed from Skretting, engineered to offer superior nutrition and water quality in shrimp hatcheries and nurseries
NaturalShrimp and Niterra collaborate for shrimp growing technologies in Japan

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
Declining seafood exports in Vietnam: VASEP calls for Government support

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