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The National Fisheries Institute (NFI)'s 2013 Top 10 list of most popular species in America hasn't changed much from last year's list, which the institute said is a testament to the "familiarity and stability" of the American seafood diet.

(NASS-USDA) Total catfish feed delivered in the United States during March 2012 was 25,457 tons, up 39 percent from March 2011, and up 234 percent from the previous month.

(pangasius-vietnam.com) Over the recent eight months, Binh Long Company Limited (Bilofish) has not sent pangasius to the EU market due to the low price of exported products. The company also got year-on-year drop in pangasius sales abroad through October 2013.

(pangasius-vietnam.com) Vietnamese pangasius exports to Thailand reached US$26.1 million through September 2013, up 71 percent from the same period of 2012, according to Vietnam Customs. Thailand was Vietnam’s second largest pangasius importer in ASEAN, after Singapore; but sales to this destination got the highest growth.

(vasep.com.vn) In the first quarter of 2012, International Development and Investment Corporation (IDI Corp) earned VND5.56 billion of post-tax profit, representing a 77.36 percent decrease compared to the same quarter last year.

In September besides EU market Bianfishco

(pangasius-vietnam.com) In the third quarter of 2013, An Giang Fisheries Import and Export Joint Stock Company (Agifish – HOSE code: AGF) reached a net revenue of VND841 billion, generating post-tax profit of VND8.78 billion, according to the company’s financial statement in 2013.

(vasep.com.vn) On 16th May 2012, Vietnam Development Bank (VDB) cooperated with Vietnam Association of Seafood Exporters and Producers (VASEP) to hold a dialogue with pangasius export companies in order to find measures to help them get out of difficulties.

(pangasius-vietnam.com) The EU is reliant on imports to meet its demand for fish and seafood. “For the EU as a whole, fish dependence day is now 8 July (2013), indicating that almost one-half of fish consumed in the EU is sourced from non-EU waters.” For example, figures from 2011 show imported species such as Alaska pollock, tuna and Pangasius contribute to 40.3% of total fish consumption in Germany. Another example would be in the Netherlands where tuna was listed 2nd followed by Pangasius as 3rd for volume in 2012.

Vietnam is weighing whether to send a harsh letter to Secretary of State John Kerry and farm bill conferees threatening a World Trade Organization case over a catfish inspection program.

(vasep.com.vn) In October 2013, An Giang province exported 14 thousand MT of seafood, worth US$32.3 million, up 9.7 percent in volume and 12.8 percent in value over a month ago.

(pangasius-vietnam.com) Hung Vuong Corporation (Hung Vuong Corp) is completing procedures to sell 30 million of newly issued shares to its Singaporean strategic partner.

Seafood consumption in the United States continued its seven-year decline, according to the National Fisheries Institute, a seafood industry trade association, but the effect on restaurants might be limited.

(pangasius-vietnam.com) At present, pangasius production is facing with difficulties because of financial troubles. Pangasius feed spending is so high while there was no rise in raw fish price. The first-grade pangasius stood at VND23,000 per kilogram. In this context, the Cho Moi Fishery Cooperative predicts a 60-percent lower production in 2014.


SPECIALIST ON
PANGASIUS MARKET

Ms Thu Hang

Email: thuhang@vasep.com.vn

Tel: +84.24.3771.5055 (ext. 214)

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