ANALYSIS: Vietnam Shrimp Industry Pivots with Vannamei Prices up 2% to 6%
While the reopening of economic activity has eased the financial burden for some, pockets of Vietnam's shrimp industry remain at a crossroads.
"Harvesting and transportation of shrimp is more favorable," Nguyen Khanh Giau, owner of Seabina Group - a Vietnamese shrimp sourcing and consultancy company - told Urner Barry “Farmers are selling shrimp at higher prices, particularly larger sizes of Vannamei," Giau added. "Major factories are gradually recovering with operations now at around 80% capacity, however, many small-medium scale factories are still struggling...
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