(seafood.vasep.com.vn) In the first two months of 2024, seafood exports increased by 13% over the same period last year, mainly thanks to a breakthrough increase of 64% in January. Many main products had positive growth in the first 2 months. Last month, white leg shrimp increased by 18%, tuna increased by 21%, pangasius increased by 6.5%, and giant tiger prawn increased by 9%. Notably, lobster

(seafood.vasep.com.vn) This year's net profit of Sao Ta Food Joint Stock Company (stock HS code FMC) is forecast to increase by more than 25% thanks to increased raw material autonomy and a recovery in consumption demand in a series of major markets

(seafood.vasep.com.vn) Vietnam shrimp exports in January 2024 reached 242 million USD, an increase of 71% over the same period in 2023. Except that in 2023, the Lunar New Year falls in January, if compared to the same period in 2023, shrimp export sales in January 2024 were still a positive signal to start shrimp exports in 2024. Raw shrimp prices in some localities also tended to increase in the first month of the year

(seafood.vasep.com.vn) Vietnam's pangasius exports in the first month of 2024 receive a "wave" of growth to most main markets.

(seafood.vasep.com.vn) Since the end of 2023, Vietnam's tuna exports have tended to recover and are expected to increase again in 2024, especially in the year's second half.

(seafood.vasep.com.vn) Vietnam's cephalopod exports in the first month of this year reached 62 million USD, up 45% over the same period last year. Except for the same time last year, which fell during the Lunar New Year, the growth in cephalopod exports in the first month of this year is also a good signal to start the export of the whole year.

(seafood.vasep.com.vn) Brazil has officially stopped importing tilapia products from Vietnam since 14 Feb 2024, according to Decision No. 270 dated 09/02/2024 by the Secretariat of Animal and Plant Health and Inspection, Ministry of Agriculture and Food Supply (MAPA). This decision does not affect Vietnamese businesses too much. However, this can be seen as an initial barrier for Vietnamese tilapia products, and could lead to other seafood products in the Brazilian market.

(seafood.vasep.com.vn) Entering 2024, Vinh Hoan Corp showed signs of improvement right from the beginning of the year when it reached a revenue of 921 billion VND, an increase of 102% over the same period last year. Vinh Hoan Joint Stock Company (MCCK: VHC) has just announced its business results for January 2024, with revenue reaching 921 billion VND, an increase of 102% over the same period last year and an increase of 13% compared to December 2023. This is also the highest result in the past 8 months.

(seafood.vasep.com.vn) On the afternoon of February 26, 2024, most stock trading codes of pangasius exporting enterprises increased to the ceiling (purple code, up 7% of frame rate), and at the end of the session, they adjusted to decrease slightly (+6.9–6.95%). The group of seafood stocks on the afternoon of February 26, 2024, became the focus of the market when a series of stocks increased at full amplitude, such as VHC, ANV, and ASM, and a series of other stocks also increased very well. This good news is considered a positive signal after Vietnam's pangasius export turnover to markets recorded record positive growth over the same period.

(seafood.vasep.com.vn) China and Hong Kong were Vietnam's third-largest cephalopod import markets in 2023, accounting for 10%. Vietnam's cephalopod exports to China and Hong Kong in 2023 reached 77 million USD, down 6% over the same period.

(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Chile is one of the few tuna export markets of Vietnam that maintained good growth in 2023. Tuna export turnover to this market in 2023 reached nearly 16 million USD, an increase of 87%.

(seafood.vasep.com.vn) Growmax Corporation will invest in a shrimp farming complex, feed mill, shrimp seed production, export... in Dong Hai district, Bac Lieu province.

(seafood.vasep.com.vn) In 2023, tuna exports to the Middle East were unstable, and tended to decrease compared to 2022. According to statistics of Vietnam Customs, Vietnam's tuna exports to this market decreased by 130% in 2023, reaching 82 million USD.

(seafood.vasep.com.vn) After the Lunar New Year, commercial pangasius production increased, prices increased. Many farmers take advantage of harvesting farming ponds to sell for high profits.

(seafood.vasep.com.vn) Sao Ta Food Joint Stock Company (FIMEX VN) plans to continue to strengthen the development of the Japanese market, maintain existing markets, and focus on learning step by step to penetrate the Chinese market based on promoting your strengths in 2024.