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Exports of bivalve molluscs to Spain in ten months leading up to November hit US$13.2 million, a year-on-year increase of 26.5%, according to the statistics from the General Department of Vietnam Customs.

(seafood.vasep.com.vn) Hung Hau Agricultural Corporation (HOSE: SJ1) announced its quarterly financial report in QIII/2016. Accordingly, net revenue in the period reached VND260.8 billion, a two-fold increase year on year. Despite higher cost of goods sold, its gross profit surged up to VND25.68 billion compared with VND13.8 billion in the same period of 2015.

(seafood.vasep.com.vn) In QIII/2016, Vietnam cephalopod exports reached US$118.9 million, up 4.1% year on year. The revenue in QIII/2016 was higher than that in QI and QII/2016.

(seafood.vasep.com.vn) Ngo Quyen Processing Export Joint Stock Company (Ngoprexco-NGC) announced its fiscal third quarter 2016 financial statement with positive results. In general, the production and business performance in QIII/2016 such as production output, consumption and profit was higher than the same period of 2015.

(seafood.vasep.com.vn) According to the General Department of Vietnam Customs, in the first 8 months of this year, Vietnam cephalopod exports valued at US$259.68 million, down 6% compared to the same period in 2015.

(seafood.vasep.com.vn) In the first 8 months of this year, Vietnam crab exports totaled US$75.8 million, up 7.2% compared to the same period last year.

(seafood.vasep.com.vn) Drought and salinity in the first half of 2016 affected supply of raw materials for processing and exporting. However, with efforts of enterprise community and recovery in importing demand from some markets, Vietnam’s seafood export turnover in QII/2016 remained the growth of 2.1% after the advance of 6.4% in QI.

(seafood.vasep.com.vn) In the first 7 months of this year, Vietnam cephalopod exports to South Korea valued at US$81.2 million, down 7.7% from the same period last year. After drops in exports to this market in Feb-May 2016, there have been signs of recovery since June. However, South Korea still remained the leading importer of Vietnam cephalopod, accounting for 37.2%.

(seafood.vasep.com.vn) Currently, Japan tended to increase imports of frozen cephalopod, however, the shipments into this market remained low compared to the same period last year.

(seafood.vasep.com.vn) According to Vietnam Customs, Vietnam’s cephalopod exports in the first 7 months of this year totaled US$2.55 million, up 29.1% compared to the same period in 2015. Of these, despite a small proportion of 1.2%, cephalopod exports from Vietnam to Australia recorded a good growth compared to main importers of Vietnam. In July 2016, exports to this market reached US$447 thousand, up 31.2% over the same period in 2015.

(seafood.vasep.com.vn) Vietnam cephalopod exports in June, 2016 reached US$36.870 million, down 5.8% compared to the same month of last year. Cephalopod exports in the first 6 months of 2016 valued at US$179.352 million, down 9.7% year on year. Importing markets and main products are as follows:

(seafood.vasep.com.vn) Vietnam cephalopod exports in the first 7 months of this year continued the downward trend over the same period last year. Exports to top 4 leading cephalopod importers of Vietnam showed the decline. South Korea and Japan remained to rank the 1st and the 2nd out of top largest importers, while the EU outstripped Asean to rank the 3rd this year and Asean ranked the 4th.

(seafood.vasep.com.vn) Vietnam crab exports in July gained more than US$10.3 million, down 19.6% from the same period last year. The figure in Jan-Jul 2016 estimated at US$59.7 million, down 1.7% year on year.

(seafood.vasep.com.vn) According to Vietnam Customs, in the first 6 months of this year, Vietnam cephalopod exports to Italy valued at US$15.7 million, equivalent to the same period last year.

(seafood.vasep.com.vn) After continuous slump in 2015, Vietnam's seafood exports in the first quarter of 2016 has recovered, reaching US$1.45 billion, up nearly 6.4% compared to the same period last year. In particular, the export of shrimp and pangasius rose 8% and 2.4%, respectively. Exports of squid, octopus and tuna fell 6.2% and 5.5%, while sales of marine fish and other products grew 19.5%.


SPECIALIST ON TUNA MARKET

Ms Van Ha

Email: vanha@vasep.com.vn

Tel: +84 24 37715055 (ext. 216)

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