While other major shrimp exporters such as India, Ecuador, Indonesia, and Thailand
are heavily disrupted by the pandemic, Vietnam has a competitive advantage over rival suppliers thanks to the swift Covid-19 containment. Even though there were setbacks in the first few months of the outbreak, Vietnam shrimp companies have managed to stabilize its production and maintained competitive prices in response to the high demands from the US and EU market.

According to VASEP in the first 9 months of 2020, Vietnam shrimp export has reached $2.7 billion which is an increase of over 10.5% comparing to last year. On the other hand, the COVID-19 pandemic has delayed unloading at many major ports in the world resulting in a severe shortage of shipping container in Asia. Some seafood companies in Vietnam have experienced a rising of shipping costs by 300 to 500 percent. However, VASEP said it will recommend suitable measures to the government to cope with the situation.