(seafood.vasep.com.vn) China (including Hong Kong) is more likely to become Vietnam’s largest pangasius market in 2017.

(seafood.vasep.com.vn) In Jan-Sep 2016, Vietnam pangasius exports reported a y-o-y growth of 6.2% to reach US$1.2 billion. Among 4 largest markets of Vietnam pangasius, pangasius exports the U.S., China, ASEAN rose 23%; 75.6%; 0.03%; respectively; exports to the EU downed 9.9%. Importing markets and main products are as follows:

(seafood.vasep.com.vn) Vietnam’s pangasius exports to the U.S. and China showed the steady growth in the first 10 months of this year. If it keeps the current growth and technical barriers to pangasius shipments to the U.S, in 2017, China - Hong Kong expected to become the leading importer of Vietnam’s pangasius.

(seafood.vasep.com.vn) In Aug and Sep 2016, Vietnam pangasius exports to China peaked at US$30.9 million and US$30 million, respectively. As of Sep 2016, Vietnam pangasius exports to China -Hong Kong totaled US$201.9 million, up 75.6% over the same period last year. After months of consecutive growth, China has overtaken the EU to become the 2nd largest buyer (behind the U.S.) of Vietnam pangasius.

(seafood.vasep.com.vn) In contrast to the trend of exports last year, in the first 8 months of this year, Vietnam pangasius exports to the Brazil were unstable.

(seafood.vasep.com.vn) Currently, Germany stayed as the 4th biggest importer of Vietnam pangasius in the EU (after the UK, the Netherlands and Spain). As of Aug 2016, Vietnam pangasius exports to Germany valued at US$19.7 million, up 4% compared to the same period last year. Out of top 4 largest importing markets in the bloc, shipments to Germany showed the highest growth, while those to others posted the decreases.

(seafood.vasep.com.vn) Vietnam pangasius exports in July, 2016 reached nearly US$138 million, down slightly 2.4% compared to the same month of last year. The cumulative figure in the first 7 months of 2016 valued at nearly US$928 million, up 4.1% year on year. Importing markets and main products are as follows:

(seafood.vasep.com.vn) The Board of Hung Vuong Corporation (Hung Vuong Corp – HOSE: HVG) has just approved a preliminary report on its production and sales of the fiscal year from 1st Oct 2015 to 30th Sep 2016.

(seafood.vasep.com.vn) In August 2016, Vietnam pangasius exports reached US$156.4 million, up 19%. The figure in Jan-Aug 2016 estimated at US$1.08 billion, up 6% compared to the same period of 2015.

(seafood.vasep.com.vn) Since Mar 2016, Vietnam pangasius exports to Mexico have showed the recovery. This was a good sign for the Vietnam pangasius exporters.

(seafood.vasep.com.vn) Currently, ASEAN stayed as the 4th rank in top largest importers of Vietnam pangasius (after the U.S., EU and China-Hong Kong). As of July 2016, Vietnam pangasius exports to the region valued at US$79.8 million, up 0.2% compared to the same period last year. Out of the bloc, Thailand, Singapore and the Philippines, top 3 largest buyers of Vietnam pangasius, recorded the year-on-year increases of 1.3%; 1.6% and 4.4%, respectively.

(seafood.vasep.com.vn) As of July 2016, Vietnam pangasius exports totaled US$927.8 million, up 4.1% compared to the same period in 2015. Of that, exports to the U.S. and China recorded the positive growth.

(seafood.vasep.com.vn) On June 21, 2016, Vinh Hoan’s Tan Khanh Trung farm has received Aquaculture Stewardship Council (ASC) certification.

(seafood.vasep.com.vn) In QI/2016, Vinh Hoan Corporation (VHC) earned the revenue of US$58.9 million from pangasius exports, up 5% over the same period last year.

(seafood.vasep.com.vn) Ms Nguyen Ngo Vi Tam is a lawyer with Master of Business Administration and started working at Vinh Hoan 13 years ago. At Vinh Hoan Corp, she used to work as a Member of BoD cum Sales & Marketing Director and she has been appointed to be the new CEO of Vinh Hoan Corporation since 23rd May, 2016.