(seafood.vasep.com.vn) The total export value of Vietnam pangasius in the first quarter of 2022 increased by nearly 90% compared to the same period last year. In most major import markets, pangasius export value is growing positively by two to three digits.

(seafood.vasep.com.vn) NAVICO will enter the real estate segment and start exporting pangasius products to the US market, which is expected to bring in great revenue and profit for the company.

(seafood.vasep.com.vn) The new factory of IDI Corp with a capacity of 500 tons/day is expected to be built in the fourth quarter of 2022. Currently, IDI Corp has two factories with the capacity of 150 tons/day and 300 tons/day, respectively. The factories have been operating at full capacity but have not yet met customer demand in late 2021 and early 2022.

(seafood.vasep.com.vn) At the end of the first quarter of 2022, IDI CORP (IDI - HOSE) is expected to reach a revenue of more than 1,000 billion VND and an after-tax profit of 200 billion VND. This is the record level of quarterly profit of the company.

(seafood.vasep.com) Pangasius and shrimp exports of Vietnam have recorded recovery after 2 consecutive years of Covid-19 outbreak. Major markets include US, EU, UK, China…

(seafood.vasep.com.vn) Vietnam's pangasius exports this year have shown a spectacular revival, reaching a turnover of $384.8 million in the first two months of the year, a sharp increase of 93.6% over the same period last year. 

(seafood.vasep.com.vn) On March 21, 2022, Federal Register issued an announcement of the US Department of Commerce about the final results of the administrative review of anti-dumping tax (POR17) on frozen pangasius imported from Vietnam in the period from August 1, 2019 to July 31, 2020. During this review, NTSF SEAFOOD enjoys a 0% anti-dumping tax when exporting frozen pangasius fillets to the US.

(seafood.vasep.com.vn) Ms. Nguyen Ngo Vi Tam has been with Vinh Hoan Corp. since 2003, experienced many positions from sales officer, sales manager to deputy general director before being appointed general director in 2016.

(seafood.vasep.com.vn) Vinh Hoan Corp announced February revenue of 1,075 billion VND, increased by 137% compared to the same period last year and 30% compared to last month (including Sa Giang Co., Ltd).

(seafood.vasep.com.vn) After two consecutive years of decline in pangasius exports to the EU, the number of Vietnamese enterprises getting away from this market has upsurged. Even before the outbreak of Covid-19 in the EU, this market did not seem promising as exports fell to negative levels for several months in a row. However, a positive outlook for trade with this market starting is ahead for 2022.

(seafood.vasep.com.vn) Recently, De Heus Co., Ltd (belonging to De Heus Group of the Netherlands) has proposed to invest in an aquaculture value chain development project in Dong Thap province.

(seafood.vasep.com.vn) In 2022, the pangasius industry is expected to produce about 1.6-1.7 million tons of commercial pangasius; Pangasius export turnover reached over 1.6 billion USD. This is the plan said by Mr. Nhu Van Can, Director of the Aquaculture Department, Directorate of Fisheries at the Conference on implementing the development plan of the pangasius industry in 2022 organized by the Ministry of Agriculture and Rural Development in Hanoi. Can Tho on February 25.

(seafood. vasep.com.vn) In 2021, Russia is one of the potential markets, shining in the picture of Vietnam's pangasius exports with a value of 32.5 million USD, up 72.5% compared to in the same period last year. However, starting in 2022, pangasius exports to this market are experiencing problems and contain many uncertainties.

Parallel to the rapid growth of the aquaculture industry, innovation in sustainable practices is focused on farming and processing. Vinh Hoan Corporation, a global pangasius player, has launched several projects which will lay the foundation for its circular economy model to revolutionize and resolve challenges that are present in farmed pangasius

(seafood.vasep.com.vn) On the afternoon of February 11, 2022, Mr. Le Quoc Phong - Member of the Party Central Committee, Secretary of the Dong Thap Provincial Party Committee; Mr. Huynh Minh Tuan - Vice Chairman of Dong Thap Provincial People's Committee and leaders of the Department of Agriculture and Rural Development... visited and shared the production and business situation of Hung Ca Co., Ltd.