(seafood.vasep.com.vn) Vietcombank Securities Company has just launched an investment strategy for ANV shares of NAVICO with a target price of 35,500 (+9.25%) Fibonacci.

(seafood.vasep.com.vn) Vietnam Association of Seafood Exporters and Producers (VASEP) forecasts that seafood exports will gradually increase in March and April. In February, VHC's revenue to the European market increased by 116% to VND 194 billion.

(seafood. vasep.com.vn) In January 2023, the volume of pangasius exported to Brazil reached 1,194 tons, the lowest level since May 2022. The average price of Vietnamese pangasius exports to Brazil in January reached 3.06 USD/kg, up 3% compared to 2.98 USD/kg in the same period last year. Compared with the same period, the volume of pangasius exported to Brazil decreased by 79%.

(seafood.vasep.com.vn) Pangasius is one of the strategic farming species in the Mekong Delta region, in which An Giang is a locality with many advantages. Therefore, along with developing aquaculture, An Giang province has also invested in concentrated farming areas and specialized farming areas for breeding pangasius to restructure this potential industry.

(seafood.vasep.com.vn) The UK is among the very few markets that recorded positive growth in seafood imports from Vietnam in the first 2 months of 2023. While exports to the top 10 largest markets all decreased by 18 - 50% over the same period, only the UK - the 6th largest market, still maintained an increase of 22%.

(seafood.vasep.com.vn) Vinh Hoan JSC approved the plan to buy land to fund aquaculture in An Giang province.

(seafood.vasep.com.vn) In 2022, Vietnam pangasius exports to China & Hong Kong reached 712 million USD, up 58% compared to 2021. The two main product lines exported to China are frozen pangasius fillets (HS code 030462) accounted for over 74% of the value with 531 million USD and frozen pangasius butterfly (HS code 030324) accounted for over 25% with nearly 180 million USD.

(seafood.vasep.com.vn) Although in the last quarter of 2022, Vietnam's pangasius exports fell to the lowest level of the year with 475 million USD, down 12% compared to the same period in 2021 due to the impact of inflation. However, compared to other seafood sectors, pangasius still has a better prospect in 2023, thanks to positive signals from two major markets, China and the US.

(seafood.vasep.com.vn) On the first working day after the Tet holiday, workers of Hung Ca Co.Ltd are busy preparing for an export order of 21 pangasius fillets (equivalent to 400 tons). The company’s leaders are very optimistic about the pangasius exports in the new year. In 2022, the company exports pangasius worthed about 350 million USD.

(seafood.vasep.com.vn) According to SSI Securities Corporation (SSI), inflation in 2023 continues to be a challenge for Vietnam's seafood industry. In that context, the pangasius industry is expected to prosper when the largest export market, China, has reopened.

(seafood.vasep.com.vn) Vietcombank Securities (VCBS) believes that the US and China are attractive destinations for Vietnamese pangasius enterprises thanks to favorable factors such as reasonable prices in the context of inflation, 0% anti-dumping tax and the open market after COVID.

According to the Ministry of Agriculture and Rural Development, the price of raw pangasius and shrimp in the Mekong Delta provinces in December 2022 decreased slightly in the context of many difficulties.

(seafood.vasep.com.vn) Vietnam’s pangasius is increasingly being used by consumers in the world because of its convenience, neutral texture and taste, easy processing and affordable price that can fit every market segment. By 2022, Vietnamese pangasius has conquered more than 140 markets around the world, including markets with strict requirements on food safety and technical regulations such as the US, EU and markets that farmed fish used to be unpopular like Japan.

A pangasius festival organized by the People's Committee of Dong Thap Province in Hong Ngu Town last week attracted thousands of participants.

(seafood. vasep.com.vn)The export result of $2.3 billion by the end of November represents a successful year for Vietnamese pangasius enterprises. And the pangasius industry can be optimistic with a record of over $2.4 billion in 2022.