冻品攻略

Vietnam's Main Lobster Producing Region Stuck in Recovery, Product Prices Rising

Source: 冻品攻略2026-04-17 08:000 views0 comments

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Vietnam's main lobster producing region in central Vietnam has still not recovered from last year's disaster. The latest situation shows that after the severe windstorm and flooding in November 2025, aquaculture recovery in the Cu Mong Lagoon and Xuan Dai Bay area is clearly slow. The main farming season should be underway now, but on many sea areas damaged cages remain unrepaired and empty cages are exposed to the sun; some farmers only dare to restock a small number of seedlings, and the whole producing region has not seen the stocking pace that should occur in the same period of previous years.

This round of recovery is failing first because of funding. Materials show that farmers who were originally larger-scale now dare to stock only about 500 seedlings per season, less than one-tenth of the pre-disaster level; one farmer lost about 25 cages and 6,000 lobsters in the previous disaster, and the main source of income was almost directly cut off. Another farmer had previously put all of his capital into 3,000 lobster seedlings; after the flood struck, large-scale mortality occurred, and afterward he was neither able to continue stocking nor able to borrow new funds, so he could only temporarily leave aquaculture and turn to nearshore fishing to make a living.

The contradiction on the market side is also obvious. Materials mention that after the disaster lobster prices rose and supply was tight, but the price rebound did not immediately drive recovery on the farming side. The reason is direct: with no money in hand and offshore facilities unrepaired, farmers do not dare to rashly restart even if they see the prices. Some people have begun to switch to lower-input species, or to co-culture cobia (军曹鱼、海鲡) to share costs and risks, and as a result lobster stocking in the main producing region remains persistently low.

More troublesome is that policy support has not smoothly reached the farming side. Statistics show that by the end of 2025 the disaster had damaged about 127,000 aquaculture cages across the province, with losses estimated at more than 2 trillion Vietnamese dong, of which about 54,000 cages were affected in Cu Mong Lagoon and Xuan Dai Bay. Although the locality issued Resolution No. 05 on February 12, 2026, preparing to support post-disaster production recovery, resistance at the implementation level is great.

The problems are concentrated in planning and declaration. Materials show that many farmers did not farm according to the plan, nor did they complete registration and declaration at the start of the production season, and materials related to seedlings and production are also incomplete, making it difficult for local governments to accurately verify losses. Taking Xuan Dai Ward as an example, the local planned aquaculture area is about 113 hectares, but in reality most aquaculture activities are not within the planned area, and there is a large gap between post-disaster declaration data and routine management lists, directly affecting subsidy review. Local levels worry that issuing subsidies when information is incomplete could easily lead to disputes later, and therefore even proposed not to implement direct subsidies for the aquaculture industry in this round.

In the Song Cau area, the situation is similar. Spontaneous farming and undeclared operations are common, and local governments judge that subsidizing only farmers who comply with the plan is clearly out of step with reality; broadening the scope, meanwhile, lacks sufficient legal basis. Based on this reality, the locality is more inclined to promote indirect support, such as debt extension, debt deferral and creating financing conditions, so that farmers first have a chance to return to production.

For the lobster trade and processing segments, this kind of slow recovery will continue to suppress the pace of raw material release. Rising prices do not mean supply will immediately return to normal levels; if the main producing region remains in a state of "small stocking, cautious restocking," subsequent raw material recovery will be drawn out even longer. The locality has now begun advancing cage reorganization and farming zone rearrangement through 2030, with the goal of forming more concentrated and controllable farming zones, while requiring farmers to complete registration and declaration from the start of the season, pushing risk management forward to before production begins.