Vietnam’s Shrimp Industry Anticipates Global Growth with Grobest’s Innovative Grofarm Model

by Fishery News

In a groundbreaking development for Vietnam’s shrimp industry, the introduction of the Grofarm model by Grobest is poised to significantly elevate its international market value. Unveiled at the 2023 Shrimp Summit in Ho Chi Minh City, this innovative approach has garnered widespread acclaim for its potential to revolutionize high-tech shrimp farming, addressing the complex challenges faced by the industry.

The Grofarm model, boasting an impressive success rate of over 80%, emerged as a comprehensive solution to multifaceted issues affecting Asian and global shrimp industries. These challenges range from stagnant production to the imperative need for sustainable livelihoods among growers. Environmental concerns and domestic price fluctuations have destabilized Vietnam’s shrimp farming market, jeopardizing its competitive edge in export and processing activities.

The 2023 Shrimp Summit, organized by the Center for Responsible Seafood (TCRS), took center stage as a pivotal industry event. Recognizing Vietnam’s crucial role in the seafood economy and its strategic position in Asia, the summit spanned two days, bringing together hundreds of experts and business leaders across the entire shrimp value chain. The primary focus was on fostering collaboration, knowledge exchange, and dynamic discussions aimed at promoting sustainability and adapting to climate change.

At the heart of the event was Grobest’s Grofarm model, which emerged as a standout solution. This open platform unites key industry stakeholders, encompassing farmers, hatcheries, and equipment suppliers. Attendees gained firsthand insight into the model through a visit to Minh Phu’s Intensive Tank Farm, a significant partner farm of Grobest Vietnam.

The Grobest Grofarm model comprises five essential elements, each tailored to ensure optimal results and heightened productivity. These include expert consultation services, meticulous selection of top-quality post-larvae sources, an optimized feeding program, a Mobile Lab service for on-site health and water quality assessments, and a focus on reducing production costs while maximizing crop profitability.

 

Since its introduction in 2021, the Grofarm model has demonstrated impressive economic efficiencies and remarkable profits across more than 600 shrimp farms. With a success rate reaching 82.9% after three years of trial, the model has proven its potential to revolutionize the industry.

The commercial shrimp produced through the Grofarm model has garnered commendation from purchasing units, distributors, and export entities, both domestically and abroad. During the 2023 Shrimp Summit, Dr. Le Van Khoa, Head of Technical Service at Grobest Vietnam, emphasized the profound value of the model.

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