Quảng Ninh is home to approximately 4,000 hectares of oyster farms, mostly concentrated in the Van Don Special Zone. It is estimated that hundreds of thousands of tons of market-ready oysters are supplied to the market each year.
In September 2024, Typhoon Yagi swept through Quang Ninh, leaving oyster farmers devastated. The storm wiped out their investments and efforts.
With the support and attention from the local government, many households have begun to rebuild their oyster farms.
This is the first oyster harvest after the Yagi disaster, carrying the hopes of Quang Ninh’s oyster farmers to revive their economy.
Ironically, this year’s unpredictable weather has affected water quality, causing the oysters to grow slowly and become thin.
Another reason is that farmers released oysters at a high density, leading to a scarcity of food in the water.
However, the main reason for the downfall of Quang Ninh’s oyster industry is the influx of smuggled oysters from China, which are larger, fatter, and cheaper than domestic oysters, making it difficult for local farmers to compete.
Many oyster farmers are forced to sell their harvest at a meager price of 5,000 VND per kg. If they don’t sell now, the oysters will get older, and their guts will shrink, further reducing their value. Previously, the average price of oysters ranged from 13,000 to 17,000 VND per kg, with some years reaching up to 22,000 VND per kg.
“With such low prices, we are facing the risk of bankruptcy,” said Mr. Thanh, an oyster farmer in Van Don. “After Typhoon Yagi, we lost everything. My family sold our house, borrowed money from relatives and the bank to rebuild our farm, and now we are facing record-low prices. Many oyster farmers are in the same situation.”
To stabilize prices and support oyster farmers, several policies have been implemented. However, with the continued influx of smuggled oysters, it is challenging for Quang Ninh’s oyster farmers to expect a return to higher prices.
Oyster Capital Van Don in Distress: Cheap Chinese Imports Flood the Market
The influx of cheap, unverified oysters into Quang Ninh province has had a direct impact on local farmers and the reputation of regional produce. In response, the Van Don Special Zone in Quang Ninh has mobilized forces to conduct comprehensive inspections and controls along the entire supply chain, from ports to restaurants. The aim is to decisively halt the infiltration of Chinese “yellow oysters” masquerading as the renowned Van Don oysters.
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