Saigon: The shrimp industry is undergoing a ‘green revolution’, with a significant shift from traditional methods to technology-based production and digital transformation. This ensures the production of high-quality shrimp that meet the green product demands of even the most exacting markets. While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam’s shrimp industry.

According to Vietnam News Agency, the transition towards technology-driven production methods is integral in meeting stringent environmental standards and consumer expectations worldwide. This shift not only enhances the sustainability of shrimp farming but also aligns with the growing global demand for environmentally friendly products. As the US market imposes more restrictive tax measures, Australia emerges as a promising alternative for Vietnamese shrimp exporters to sustain their market presence and growth.

The focus on the Australian market is seen as a strategic move to diversify export destinations and mitigate potential losses from decreased access to the US. By leveraging advanced production techniques, Vietnam’s shrimp industry aims to cater to Australia’s demand for sustainable seafood, thereby strengthening trade ties and ensuring economic stability for shrimp producers.