Vietnam’s shrimp industry faces challenges from low prices, high production costs, and environmental concerns. This is exacerbated by competition from major producers like Ecuador and India, leading to a price crisis. ShrimpVet introduces a new farming model aiming to revolutionize the sector. This model emphasizes efficiency, sustainability, and technology transfer. ShrimpVet’s 30-hectare farm utilizes a modular design, advanced technology, and mangrove integration to minimize environmental impact and maximize productivity with a lower carbon footprint. By optimizing economies of scale and reducing labor costs, ShrimpVet aims to achieve profitability even with low shrimp prices. ShrimpVet’s vision includes expanding to 50 modules by 2030, covering only 1% of Vietnam’s shrimp farming area while matching current national production. This model also addresses the generational shift in farming by offering a technologically advanced and profitable approach, potentially revitalizing Vietnam’s shrimp sector and ensuring its future sustainability.
Keywords: Shrimp farming, Vietnam, sustainability, technology, aquaculture, environmental impact, efficiency