Key Seafood sectors

Pangasius exports began to bounce back after COVID-19 pademic lessened
09:58 04/20/2021

(vasep.com.vn) In the first two months of 2021, the total value of Vietnam's shrimp exports reached US $376 million, down by 1.9% year-on-year. In which, CPTPP market sector is still leading, accounting for 34.26% of total shrimp export. Lack of containers and high sea freight to European and US markets and congestion at Chinese import ports due to strict corona virus control regulations have affected Vietnam's shrimp exports in the first 2 months of the year. However, since March, the situation has been more positive, so it is forecasted that shrimp exports in the second quarter of 2021 will flourish again.

All fishing ships in Binh Dinh must obtain food safety certificates by the end of June as part of efforts to enhance the quality of fishery products caught by the south-central province's fishing fleet, according to a local agricultural official.

The Mekong Delta province of Bac Lieu is building a high-tech shrimp farming area with the aim of becoming a centre of the country’s shrimp industry.

(seafood.vasep.com.vn) In February 2021, due to the Lunar New Year holiday, Vietnam's cephalopod exports decreased by over 20% compared to the same period in 2020, reaching over US $ 23 million. However, thanks to high growth in January, Vietnam's export of cephalopod in the first 2 months of the year still reached over 67 million USD, up 2% over the same period last year.

(seafood.vasep.com.vn) In the first 3 months of 2021, the weather situation was quite favorable for fishing activities, fishing fleets of Binh Dinh province still maintained the number and intensity of fishing activities, so the exploitation output increased compared to the same period of 2020.

(vasep.com.vn) As of the first half of February 2021, the total value of pangasius exports to China - Hong Kong reached USD 13.55 million (accounting for 8.5% of the total pangasius export value), down by 38.6% compared to that of in the same period last year. In particular, the export value of pangasius to Hong Kong also decreased by 40.5%. Lower exports is reported due to Covid-19 tight controlling in China.

(seafood.vasep.com.vn) According to the plan, in 2021, Soc Trang province strives to stock brackish water shrimp in 51,000 hectares, with total production expected to reach 172,000 tons.

(seafood.vasep.com.vn) Effectively promoting some existing shrimp farming models in the locality, Ca Mau province is focusing on developing super-intensive and intensive shrimp farming, developing shrimp-rice rotation and shrimp-forest farming according to internationally certified nurturing expansion guide.

(seafood.vasep.com.vn) After a year dominated by Covid pandemic, the structure of Vietnam's export shrimp market has changed significantly. In the first two months of this year, there were 67 markets importing shrimp from Vietnam, while in the same period last year there were 63 markets. In particular, there are many markets that had a breakthrough growths in imports from Vietnam such as Australia increasing by 115%, Belgium growing 139%, Russia rising by 109%, Chile with a 352% increase, Cambodia increasing by 30 times ...

The southernmost province of Ca Mau is applying itself to developing intensive and super-intensive shrimp farming along with alternative shrimp - rice culture and integrated shrimp - forest cultivation models under international standards.

Vietnam is expected to become one of the world’s top shrimp producers thanks to its positive response to the COVID-19 pandemic and its modern shrimp farming models, according to industry insiders.

Binh Thuan province has asked localities to promptly complete the installation of Vessel Monitoring Systems (VMS) on all fishing vessels and acquire the necessary data as part of efforts to combat illegal, unreported, and unregulated fishing (IUU) .

(seafood.vasep.com.vn) As of the first half of February 2021, the total value of Vietnam pangasius exports to the UK market reached 3.89 million USD, up by 15.6% over the same period in 2020. It is forecasted that in the next months pangasius exports to this market will continue to have positive double-digit growths compared to the same period last year.

(vasep.com.vn) According to statistics of Vietnam Customs, in January 2021, Vietnam's tuna export turnover reached 42.3 million USD, up by 6.3% over the same period in 2020.

(seafood.vasep.com.vn) After a series of consecutive declines due to epidemics, Vietnam's pangasius export has recently recovered. However, the road ahead of pangasius still has many challenges to solve. Mr. Truong Dinh Hoe - General Secretary of Vietnam Association of Seafood Exporters and Producers (VASEP) discussed with reporters of the Vietnam Economic News around this issue.