Seafood News

Raw material prices of Vannamei and Black Tiger shrimps from beginning of November has increased in an average of 0.45 USD/kg compare to October price. The high price is staying stable with high demand from the shrimp processors to meet shipment schedule for Christmas. Main size of Vannamei is 50-80 count, and Black Tiger is 20-40 count.

Shrimp processors are facing the lack of raw materials when the shrimp season is in the final stage. The amount of raw material is not much because during the period of social distancing, shrimp prices are very low, farmers make a lot of losses, so most of them do not start a new stocking. The shortage of raw shrimp has been predicted in advance, so the processors have proactively purchased and stocked during the period of social distancing, but in general still cannot meet the processing demand from now until the end of the year.

Provinces in Vietnam’s Mekong Delta region have recently reported more than 2,000 new Covid-19 cases per day, prompting authorities and seafood processors to immediately take measures to curb the coronavirus spread.

As of October 15, 2021, Vietnam’s shrimp exports to the EU reached nearly $439 million, up 10.3% over the same period last year. The three main import markets for Vietnamese shrimp in the EU are Germany, the Netherlands and Belgium. As of October 15, 2021, shrimp exports to Germany and Belgium increased by 20% and 2%, respectively, and exports to the Netherlands decreased by 1%.

Through a recent online meeting with the European Commission (EC) on combating illegal, unregulated and unreported fishing (IUU), the EC continued to affirm that Vietnam has made great efforts to overcome the “yellow card”, especially with very specific attention and direction from the Secretariat, the Government, the Prime Minister.

Higher seafood retail prices do not change the optimistic forecast for holiday sales in the United States. A new report shows that, although the high inflation, retail seafood increased 13-14% in October, compared with 7-8% in September, but customers will certainly spending more money for any seafood during the year-end holidays.

Covid-19 situation:

Vietnam Nationwide

  • With 65 million people getting the first Covid vaccine dose and 35 million people fully vaccinated, Vietnam has administered 100 million doses as of November 15. The Health Ministry also said both Hanoi and Ho Chi Minh City have both fully covered more than 80 percent of their adult populations.
  • Vietnam’s Ministry of Health on November 16 received 50,000 doses of AstraZeneca Covid-19 vaccine donated by Austria.
  • A national ceremony to commemorate people who have lost their lives to Covid-19 in Vietnam will take place in Hanoi and Ho Chi Minh City on the evening of November 19.
  • The Civil Aviation Authority of Vietnam (CAAV) has proposed that the Ministry of Transport increase the number of domestic flights this month, and resume the normal operation of domestic air routes from December.

Ho Chi Minh City

  • The Ho Chi Minh City Department of Industry and Trade has allowed that dine-in service across the city be allowed to sell beer and alcohol until 10 PM.
  • The Ho Chi Minh City Department of Health has asked the municipal steering committee for Covid-19 prevention and control to reopen district-level quarantine facilities and some makeshift hospitals to cope with a recent increase in local infections.
  • More than 651,400 of 701,800 children 12-17 years old in HCMC, or 92.8 percent, have got at least one Covid-19 vaccine shot.

Hanoi

  • Hanoi recorded 289 domestic infections in 19 districts on November 16, the highest daily count since the fourth outbreak hit Vietnam on April 27.
  • The Hanoi Department of Health has approved the proposal of the Hanoi Center for Disease Control to reduce the interval between two doses of AstraZeneca Covid-19 vaccine to at least four weeks, instead of eight weeks as before.
  • The administrations of many districts in Hanoi have planned to set up 508 mobile medical stations to facilitate health monitoring of people in home quarantine in case Covid-19 infections rise beyond the capacity of centralized quarantine facilities in the capital city.
  • The Hanoi administration has required all arrivals from Ho Chi Minh City and other provinces at high risk of Covid-19 transmission to self-quarantine for seven days amid rising cases.

Khanh Hoa (Nha Trang)

  • The Authorities in Khanh Hoa have allowed local discos, karaoke shops, and massage parlors to reopen from November 16, but these facilities must operate at 50 percent of capacity and only offer their services to vaccinated customers.
  • Khanh Hoa Province is moving step by step, cautiously but flexibly for economic recovery and development in safe adaption and response to Covid-19.
  • Khanh Hoa Province on November 16 administered Covid-19 vaccine to high school students in the province. Vaccination was implemented at the schools. On November 16, over 38,150 students of 39 high schools in the province were vaccinated. The remaining students will be vaccinated in the days to come.

Da Nang

  • Overflowing rivers cause flooding in some parts of Da Nang due to heavy rains. The water levels on rivers in Da Nang and Quang Nam Province are rising as a result of heavy rainfall and increased water discharges from reservoirs of the Dak Mi 4 and Song Tranh 2 hydropower plants.
  • Authorities in the central city of Da Nang have allowed twelfth-grade students to resume offline learning from November 22, while eleventh and tenth graders will return to school from November 29.

Do you have any questions? Feel free to drop us a line!

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