Pangasius

(seafood.vasep.com.vn) Vietnam is in a negotiation on a Free Trade Agreement (FTA) with the South American Common Market (Mercosur) in order to penetrate Latin America market.

(seafood.vasep.com.vn) Vietnamese high value added pangasius is increasingly attracting attention in international markets as consumers in these countries increasingly favor it due to the diversity of ways to prepare it into many delicious dishes. rich, mixed with many ingredients.

(seafood.vasep.com.vn) According to data from the International Trade Center (ITC), since 2012, Vietnam has remained the second largest supplier of white meat fish to Russia after Argentina.

(seafood.vasep.com.vn) In May, Vinh Hoan Corp recorded positive growth in revenue in most key markets. Vinh Hoan Corp had just announced business results for May 2024, with net revenue reaching 1,131 billion VND, an increase of 19% over the same period last year.

(seafood.vasep.com.vn) According to data from Vietnam Customs, in May 2024, Vietnam's pangasius export turnover reached 167 million USD, an increase of 5% compared to May 2023. Cumulative pangasius exports in the first 5 months of this year reached 747 million USD, up 2% over the same period last year.

(seafood.vasep.com.vn) Recently, the "Plan for Developing linked production and consumption of pangasius by 2025 with a vision to 2030" was released by the People's Committee of An Giang Province. By 2025, An Giang's pangasius sector is expected to account for 60% of the US, EU, China, and ASEAN markets; domestic consumption of pangasius goods will account for 10% of the market. The plan also seeks to create An Giang as a center for pangasius seed production in the Mekong Delta region.

Vietnam’s largest exporter of pangasius, Vinh Hoan Corporation, has invested in surimi production, including raw material blocks and crab sticks.

(seafood.vasep.com.vn) According to data from Vietnam Customs, in the first half of May 2024, Vietnam's pangasius exports to Colombia reached nearly USD 1.6 million, up 140% compared to the same period last year. As of May 15, 2024, cumulative pangasius exports to this market reached USD 16 million, up 34% compared to the same period in 2023.

As a pangasius exporter with the second largest closed production chain in the world, NAVICO (Nam Viet Corporation, stock code ANV) aims to increase net profit this year 8 times more than last year.

(seafood.vasep.com.vn) According to data from Vietnam Customs, Vietnam pangasius exports to the US in April 2024 recorded many optimistic signs with a value of nearly 38 million USD, an increase of 34% compared to April 2023. By the end of April, this market consumed 102 million USD of pangasius, up 19% over the same period last year.

Vietnam's pangasius exports to Brazil reached nearly USD 28 million in the first quarter of 2024, surging by 44% compared to the same period in 2023.

(vasep.com.vn) According to Vinh Long Statistics Department, the whole province currently has 2,119 hectares of aquaculture area, an increase of 1.03% (equivalent to an increase of 21.62 hectares) over the same period last year; Of which the industrial pangasius farming area is 370.8 hectares, an increase of 0.12% or an increase of 0.42 hectares.

(seafood.vasep.com.vn) NAVICO has announced that it has closed the value chain for pangasius fish by ensuring 100% self-sufficiency in feed for aquaculture and raw fish production, creating favorable conditions for a breakthrough in this year's business results.

(seafood.vasep.com.vn) According to data from Vietnam Customs, in March 2024, Vietnamese pangasius export turnover to markets reached 156 million USD, down 14% over the same period. Vietnam pangasius export value in QI/2024 reached 411 million USD, down 3% compared to QI/2023.

Vietnam’s pangasius export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year.​  UAE mainly imported frozen fillets from Vietnam.


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