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Vietnamese pangasius dominates EU market
May 18, 2007, 05:18 AM
The Vietnamese Pangasius (tra basa)

Up to 64% tariffs were slapped on all Vietnamese exports. But the crisis never materialised as exporters simply switched their focus to the EU and other markets.

History upstream

Farmer Khuu Duc Hung feels very excited since Pangasius (tra, basa) prices have recently gone up sharply,  and show signs to rise further.

He has also increased his farm’s capacity from 1,700 MT in 2005 to 2,500 MT this year. ‘I am looking forward to this year’s harvest’, he said.

However, higher Pangasius outputs may not be an unmitigated boom since, for the last few years, the market has been staggering from one crisis to another because of a volatility in supply. The boom and bust cycle has been happening at an alarming frequency for the Vietnamese Pangasius industry.

For more information, please read the attached document

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Source: (Source: Vietfish International - VASEP)
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Specialist on Pangasius market
Ms Ta Ha
Tel:+84.24.3771.5055 (ext. 214)
Portal of Vietnam Association of Seafood Exporters and Producers (VASEP)
Head office in HCM city: No 7, Nguyen Quy Canh Road, An Phu Ward, District 2, Ho Chi Minh City, Vietnam
Tel: (+84 28) 62810430 / Fax: (+84 28) 62810437 - Email: vasephcmcity@vasep.com.vn
Rep. office in Ha Noi: 10 Nguyen Cong Hoan Street, Ngoc Khanh Ward, Ba Dinh District, Ha Noi City, Vietnam
Tel: (+84 24) 37715055 / 37715318 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn
In charge of content: Nguyen Hoai Nam (Mr) – Deputy General Secretary of VASEP
Managing Editor: Phung Thi Kim Thu (Ms.) Tel: (+84 24) 37715055 (ext: 203)
Email: kimthu@vasep.com.vn
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