Vietnam s shrimp industry is set to receive a significant boost in international market value thanks to the innovative Grofarm model introduced by Grobest
Vietnam s shrimp industry is set to receive a significant boost in international market value thanks to the innovative Grofarm model introduced by Grobest
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HO CHI MINH CITY, Vietnam, July 27, 2023 /PRNewswire/ During their first participation in the 2023 Shrimp Summit, Grobest Vietnam (Grobest) has introduced the comprehensive GROFARM model to the global shrimp community. With a success rate of over 80%, the model was highly acclaimed by the conference participants as a comprehensive solution for high-tech shrimp farming in increasingly challenging conditions, contributing to reaffirming Vietnam's position in the international shrimp market. Currently, the Asian and global shrimp industry is facing concerns ranging from stagnant production to ensuring growers' livelihoods. In the specific context of Vietnam, disease outbreaks, environment issues have destabilized the shrimp farming market, while domestic price surges have hindered export and processing activities, putting immense strain on the industry's competitive edge. Amidst these critical challenges, the 2023 Shrimp Summit - organized by The Center for Responsible Seafo