In an effort to ensure a sustainable development of the tra fish sector, the Ministry of Agriculture and Rural Development will support enterprises and farmers to boost links in order to improve tra fish quality to fulfill choosy markets’ demands.

(seafood.vasep.com.vn) In the early 2017, exports of pangasius from Vietnam to Brazil was quite good over the same period last year. Export value In Jan 2017 reached US$12.1 million, up 17.2% compared with the same month of 2016. If this growth continues in the coming months, Brazil will replace ASEAN as the fourth largest importer of Vietnamese pangasius (after the US, EU and China – Hongkong).

The "Establishing a Sustainable Pangasius Supply Chain in Việt Nam" project (SUPA) has brought significant improvement to the pangasius supply chain, resolving environmental concerns, improving efficiency and ensuring consistent quality, a meeting heard in HCM City on Wednesday.

(seafood.vasep.com.vn) On March 29th, 2017, in Ho Chi Minh city, the Vietnam Cleaner Production Centre (VNCPC), Vietnam Association of Seafood Exporters and Producers (VASEP) and the World Wide Fund for Nature (WWF-Vietnam and WWF-Austria) organized the Closing Ceremony of the Project "Establishing a Sustainable Pangasius Supply Chain in Vietnam"(SUPA).

(seafood.vasep.com.vn) In Jan 2017, Vietnam’s exports of pangasius to Brazil were quite good over the same period last year with the export value of US$12.1 million, up 17.2% compared with Jan 2016. If the growth continues in the coming months, Brazil will replace ASEAN as the fourth largest importing market of Vietnam pangasius (after the US, the EU and China – Hongkong).

China has become an increasingly lucrative market for Vietnam’s pangasius but Vietnamese enterprises face risks in this market.

(seafood.vasep.com.vn) Mass media reports suggest that pangasius (Pangasianodon hypophthalmus) is ‘full of poison’ because it is able to survive in the ‘heavily polluted Mekong River’ and contains pesticides and veterinary treatment chemicals. However, most of these claims are not substantiated with scientific evidence. To assess the safety of pangasius consumption, a full toxicological risk assessment was performed. The results obtained were compared to toxicity claims made in a selection of media reports. Information on contaminant levels encountered in pangasius was collected from the EU Rapid Alert System for Food and Feed (RASFF) database. The toxicological risk assessments do not support any of the toxicological risks suggested in the media.

(seafood.vasep.com.vn) In Jan 2017, pangasius exports reached US$120.05 million, decreased 19.6% compared with that of Jan 2016. Two major markets like the US and the EU accounting for 32% of total pangasius value of Vietnam also reduced importing pangasius in Jan.

It’s happening all over again. Following the hatchet job on Vietnamese pangasius on German television instigated by WWF in March 2011, the Spanish television channel Cuatro recently broadcast what has been described as fake news about the farming of pangasius in the Mekong River.

(seafood.vasep.com.vn) In the first half of Jan 2017, Vietnam pangasius exports to the US saw the sharp decline of 22.7%, reaching US$ 9.55 million that was less than the export value to China and the EU. If pangasius exports to the US do not show the improvement, the US will be surpassed by China-Hong Kong as a leading importer of Vietnam pangasius.

Pangasius fish price has been moving up in the Mekong Delta since the Tet holiday. On Tuesday, businesses paid VND23,000-26,000 a kilogram, up VND1,000-3,000 compared to the price before the holiday.

(seafood.vasep.com.vn) In 2016, Vietnam’s pangasius exports reached US$1.71 billion, up 9.6% year on year. Exports to the U.S. and China reported the higher growth while sales to the EU continued to decline.

Prices of pangasius for processing have increased in response to high demand from the Cuu Long (Mekong) Delta provinces.

The Ministry of Agriculture and Rural Development (MARD) has estimated a 10 per cent increase in pangasius export value this year to US$1.7 billion. It has also said that China could overtake the US as the largest buyer of pangasius from Vietnam.

On January 05, 2017, Vinh Hoan forecast its 2016’s consolidated revenue and net profit after tax at VND7,200 billion ($327.3 million) and VND500 billion ($22.73 million), up 11 and 70 per cent year-on-year respectively. In which, total export revenue is expected to reach $274 million, up 5 per cent year-on-year. Considering the Vietnam pangasius industry’s year-on-year growth of 6.6 per cent as estimated by Vietnam Association of Seafood Exporters and Producers, Vinh Hoan has outperformed most of its peers.