Pangasius

(vasep.com.vn) Board of Directors (BOD) of Vinh Hoan Corporation (VHC) approved to set up its branch in Singapore named Vinh Hoan Singapore Pte Ltd with charter capital of US$ 700,000 from VHC.

(vasep.com.vn) Dong Thap province has issued an action plan to implement Decree No. 36 on farming, processing and export of pangasius to enhance the fish quality and sustainability.

(vasep.com.vn) Directoriate of Fisheries under Ministry of Agriculture and Rural Development forecast pangasius products exported from Vietnam in 2015 would reach US$ 1.75 - 1.85 billion, equivalent to this year’s level.

(vasep.com.vm) Hung Vuong Corporation (Code: HVG) has completed the public offer 4 million shares of Viet Thang Feed Joint Stock company (VTF), thereby increased its ownership to 75%.

(vasep.com.vn) According to the Vietnam General Customs, the fish exports to the US in the first 10 months of this year reached US$ 273.3 million, down 16.2% from the same period last year.

(vasep.com.vn) The new company, whose charter capital was VND 72 billion, will operate in the field of fish farming and trading.

(vasep.com.vn) Total pangasius exports in Q3/2014 was US$ 452.05 million, up 5.8% year on year. Pangasius exports in the first 9 months of 2014 worth US$ 1.276 billion, up 0.2% year on year. Pangasius is the second most exported seafood, after shrimp, with the proportion of 22% in total seafood export value of Vietnam.

(vasep.com.vn) As of mid-October, total pangasius exports reached US$ 1.353 billion, a slight increase comparing to the same period in 2013.

(vasep.com.vn) Source from TG Corp reveals that in 10 initial months of 2014, the company earned approximately US$ 22 million, up 30% year on year.

(vasep.com.vn) Hung Vuong Corp (HVG) announced its Financial Statement for Q3/2014. Accordingly, the company earned VND 3,859 billion, up 48% year on year. COGS/gross profit was high, gross profit was VND 313.5 billion, up 5.36% year on year.

(vasep.com.vn) According to An Giang Fisheries Import Export Joint Stock Company (Agifish - code: AGF) in Q3/ 2014, the company generated VND 678 billion in net sales, down 19% year on year with net profit of VND 23.5 billion, increased 168% yoy.

(vasep.com.vn) In the first 9 months of 2014, Vietnam’s pangasius exports were US$ 1.276 billion, up 0.2% year on year. Pangasius, accounted for 22 % of total seafood export value of Vietnam, was the second most exported seafood, after shrimp.

(vasep.com.vn) Never has the area of aquaculture in Soc Trang risen as sharply as this year. Reports from People's Committee of Soc Trang reveals that total aquaculture farming area in the province in 2014 was approximately 60,000 hectares, of which brackish water shrimp accounted for over 42,000 hectares.

(vasep.com.vn) Many pangasius enterprises are investing in processing to create products with higher values such as cooking oil, collagen and gelatin to expand the market and reduce dependence on exports.

(vasep.com.vn) On 8th October, Provincial Fisheries Department implemented the training and consultancy plan for Vietnam’s good aquaculture practices (VietGAP). The aim was to certify 2 pangasius farms with total farming area of ​​9 hectares. Annual production of each farm was 1,500 MT and 500 MT.


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