July 21, 2026 | 18:22 GMT +7
July 21, 2026 | 18:22 GMT +7
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(VAN) 'Companies also want lower feed prices to stay competitive-we're certainly not colluding to keep it high,' said Dr. Ho Quoc Luc, Chairman of Sao Ta Foods.
(VAN) Despite mounting pressure from rising input costs, the company is maintaining its selling prices, willingly absorbing the price differences and even taking a loss, to stand shoulder-to-shoulder with Vietnamese shrimp farmers.
(VAN) Returning to extensive shrimp farming, lowering stocking, and cutting back on feeding are the measures to cope with rising feed costs and falling prices.
(VAN) Rising aquafeed prices are adding pressure to the shrimp industry. Many businesses maintain growth by developing farming areas and adopting technologies.
(VAN) While shrimp farmers in the sand-dune areas of East Gia Lai are increasingly failing due to losses, those farming areas that have adopted high technology are proving highly successful.