News

(seafood.vasep.com.vn) According to Mr. Nguyen Van Dao - General Director of Go Dang Joint Stock Company (GODACO), in the first half of 2022, export turnover, export volume and revenue of the company are about the same as the first half of 2021.

(seafood.vasep.com.vn) Vietnam's pangasius exports in the first 6 months of the year recorded a growth in almost all major markets. The total export value of pangasius reached 1.42 billion USD, up 82.4% over last year’s same period. However, from Q3/2022, this growth rate is expected to slow down in some markets.

(seafood.vasep.com.vn) Vinh Hoan Corp decided to increase capital contribution at Vinh Hoan Fish Hatchery Co.Ltd by 50 billion VND. Total capital after additional contribution is 148 billion VND, accounting for 98.7% of charter capital. This contributed capital is managed by Mrs. Truong Thi Le Khanh, Chairman of Vinh Hoan's Board of Directors. Previously, Vinh Hoan had two additional capital increases in this company.

(seafood.vasep.com.vn) After two year of suffering the severe damage from the impact of Covid-19 pandemic, a series of enterprises and corporations had to go bankrupt. In that challenging situation, IDI Corp maintained its business and turned all the difficulties into advantages.

(seafood.vasep.com.vn) Commodity export turnover of Dong Thap province in the first 6 months of 2022 reached nearly 1 billion USD, up 62.7% over the same period in 2021. Export activity in this province recovered strongly, with high growth rate comparing with the same period last year, worth mentioning the impressive growth in products of seafood and rice.

(seafood.vasep.com.vn) According to Directorate of Fisheries, Vietnam fisheries production in the first 6 months of the year was estimated at 4,196.8 thousand tons, increased by 2.5% over the same period last year (in the second quarter of 2022, it reached 2,333.3 thousand tons, up 2.9%), including: Fish reached 3,044.4 thousand tons, up 1.7%; shrimp reached 520 thousand tons, up 9.4%; other marine products reached 632.4 thousand tons, up 1.2%.

(seafood.vasep.com.vn) Nam Viet Corporation (Navico) decided to establish Nam Viet Aquaculture Feed processing one member company - An Giang branch in An Giang province with the main business of producing and processing aqua feeds, wholesale of agricultural and forestry products, rice, wheat, etc.

(seafood.vasep.com.vn) BIDV Securities Company (BSC) forecasts that Nam Viet Joint Stock Company's after-tax profit in 2022 will reach 874 billion VND, 5.8 times higher than the export of pangasius and solar power, both growing at double digits.

(seafood.vasep.com.vn) VINH HOAN CORP (HOSE: VHC) has just announced its revenue in May (including Sa Giang company) which reached 1.508 billion VND, an increase of 96% compared to the same period last year and a slight drop of 8% from the previous month.

(seafood.vasep.com.vn) Vietnam’s pangasius export price to the US reached 4.5 USD/kg, the highest ever. Besides the scarcity of supply during two years of Covid-19, the temporary suspension of seafood imports from Russia by the US and Europe is creating a “golden opportunity” for Vietnamese pangasius products to increase market share in these two markets.

(seafood.vasep.com.vn) In the first half of this year, Vietnamese pangasius exports to the EU market have revitalized after more than three dismal years. As of the first half of May 2022, export value of frozen Vietnamese pangasius to this market reached 76,8 million USD, up 95% compared to the same period last year. In that, the Netherlands is the most attractive market, accounting for 31,7% of the total value of Vietnamese pangasius exports to the EU.

(seafood.vasep.com.vn) Vinh Hoan and many other Vietnam seafood stocks simultaneously raised the price ceiling on June 1 2022.

(seafood.vasep.com.vn) In 2022, An Giang Fisheries Import and Export Joint Stock Company (AGIFISH) expects to hold the annual General Meeting of Shareholders on June 17th, 2022 AGIFISH aims at having lucrative business even though having suffered losses for six months in a row.

(seafood.vasep.com.vn) Navico Corporation (Navico) announced in its business situation in April 2022, with the record revenue of VND 433 billion. The company achieved 164 billion VND in gross profit and 116 billion VND profit after taxes.

(seafood.vasep.com.vn) Currently, there are nearly 30 Vietnamese pangasius enterprises exporting to the Colombian market. However, in the first four months, pangasius exports volume into this market didn’t come up to the expectations of many enterprises.


SPECIALIST ON
PANGASIUS MARKET

Ms Thu Hang

Email: thuhang@vasep.com.vn

Tel: +84.24.3771.5055 (ext. 214)

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