This study focuses on systematic mapping and verification of benefit distribution among stakeholders in the value chain of white-leg shrimp in Khanh Hoa Province, Vietnam. The question is, can reorganization of small farmer groups enhance participation and efficiency of the value chain? Convenient sampling and face-to-face interview method were employed in 2014 and 2015 to solicit information from 100 shrimp producers, 10 middlemen and 3 exporters. Males account for 98 percent of small independent producers. There is an involvement of middlemen (middlemen type #1 and middlemen type # 2) in the chain. The middlemen are the drivers in the chain and engage in risk shifting on producers. The distribution of shrimp materials by middlemen type #1 to the processing plant is based on shrimp size. An alternate design to assist collective bargaining by unified small farm *groups shows in order to attain a sustainable value chain for white-leg shrimp, one should improve vertical integration and coordination among the market participants; and seek government intervention to build the image of Vietnam seafood in international markets.