Pangasius

(seafood.vasep.com.vn) For many Vietnam’s pangasius exporters, Mexico is the current “hottest” market within the CPTPP. As of the first half of May 2022, the total export value of Vietnam pangasius to Mexico reached 45.6 mil USD, an increase of 70% compared to the same period last year, which accounts for 4.3% of the total pangasius export value. This result shows that Mexico is a potential and attractive destination with an even higher export value than Brazil.

(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.

(seafood.vasep.com.vn) Thanks to high market demand, the total export value of Vietnam pangasius in the first 4 months of 2022 increased by nearly 97% over the same period last year, reaching over US$963 million. This result is giving strength to many Vietnamese pangasius enterprises on the upcoming export journey.

(seafood.vasep.com.vn) The pangasius industry of the southern province of Dong Thap has now expanded its export markets to 134 countries, including high-end markets such as Europe and the US.

(seafood.vasep.com.vn) In this return to the aquatic feed segment, in addition to optimizing profits for pangasius fillets, Vinh Hoan set an ambition to bring pangasius to the Sushi table.

The Food Safety and Inspection Services (FSIS) under the United States Department of Agriculture has recognised six more Vietnamese pangasius processing factories that are eligible to export products to the US, raising the number of establishments to 19, according to the Ministry of Agriculture and Rural Development’s National Agro-Forestry-Fisheries Quality Assurance Department (NAFIQAD).

(seafood.vasep.com.vn) Although Vietnam's pangasius imported into Algeria are not significant yet, they are already favored by many consumers even though the price is as high as that of captured seafood.

(seafood.vasep.com.vn) In the first half of this year, Vietnam frozen pangasius exports to Canada are forecasted to be optimistic and promising to achieve new growth. As of mid-April 2022, the total export value of Vietnam's pangasius to this market reached 17.2 million USD, up 69.4% over the same period last year.

(seafood.vasep.com.vn) At the Annual shareholders meeting of 2021, CL-FISH CORP said, the company had planned to reach net revenue of 1,400 billion VND and profit before tax of 80 billion VND. However, it only achieved 86.6% and 59.7% respectively of the target. The company had also set a target of exporting 17,000 tons of finished pangasius with a total value of 40 million USD, but the actual result in 2021 only achieved 61% and 62.5% of the plan.

(VAN) An Giang province aims to create a breakthrough for the pangasius industry by attracting high-tech investment in production and processing.


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