(seafood.vasep.com.vn) In Q1/2022, Bentre Aquaproduct Import and Export JSC (HOSE: ABT) recorded a revenue of 133 billion VND (up by 109% over the same period) and profit of 7.7 billion VND (down 54% over the same period). Gross profit margin improved significantly from 14.3% in Q1/2021 to 20.2% in Q1/2022 due to sharp increase in selling prices; however, transportation costs tripled during the Q1/2022, leading to a shrink in net profit.

(seafood.vasep.com.vn) For the first time this year, after continuously growing positive double digits in the previous 5 months, Vietnam shrimp exports in June recorded negative growth. Vietnam’s shrimp export value decreased slightly by 1% to nearly 416 million USD. Accumulating 6 months, Vietnam’s shrimp export reached 2.3 billion USD, an increase of 31% over the same period last year.

(seafood.vasep.com.vn) The particular ecological conditions along with large intertidal zone of coastal mangrove forest in Ca Mau province has created ideal conditions for developing shrimp farming under the forest canopy.

(seafood.vasep.com.vn) After two year of suffering the severe damage from the impact of Covid-19 pandemic, a series of enterprises and corporations had to go bankrupt. In that challenging situation, IDI Corp maintained its business and turned all the difficulties into advantages.

(seafood.vasep.com.vn) Camimex Group is investing and completing many processing plants, helping to increase the capacity to 20,000 tons of finished products per year. Along with high-tech farming development projects, Camimex expects sales to reach 250 million USD/year in the next 5 years.

(seafood.vasep.com.vn) After the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) took effect from January 2019, Vietnam’s tuna export turnover to Chile has prospered. Even when the outbreak of the Covid-19 pandemic hindered tuna export to other markets, Vietnam’s tuna export to Chile still maintained the growth. Vietnam tuna exports to Chile increase continuously in the first 5 months of 2022.

(seafood.vasep.com.vn) Vietnam's shrimp exports to the EU as of June 15, 2022 reached US$338 million, up by 51% over the same period last year. Shrimp exports to this market grew quite steadily, ranging from 34%-83% in the first months of this year.

(seafood.vasep.com.vn) Commodity export turnover of Dong Thap province in the first 6 months of 2022 reached nearly 1 billion USD, up 62.7% over the same period in 2021. Export activity in this province recovered strongly, with high growth rate comparing with the same period last year, worth mentioning the impressive growth in products of seafood and rice.

(seafood.vasep.com.vn) The average import price of Vietnam shrimp reached 11.46 USD/kg, about 1USD higher than the average import price and other suppliers such as Indonesia or Ecuador.

(seafood.vasep.com.vn) According to Directorate of Fisheries, Vietnam fisheries production in the first 6 months of the year was estimated at 4,196.8 thousand tons, increased by 2.5% over the same period last year (in the second quarter of 2022, it reached 2,333.3 thousand tons, up 2.9%), including: Fish reached 3,044.4 thousand tons, up 1.7%; shrimp reached 520 thousand tons, up 9.4%; other marine products reached 632.4 thousand tons, up 1.2%.

(seafood.vasep.com.vn) Nam Viet Corporation (Navico) decided to establish Nam Viet Aquaculture Feed processing one member company - An Giang branch in An Giang province with the main business of producing and processing aqua feeds, wholesale of agricultural and forestry products, rice, wheat, etc.

(seafood.vasep.com.vn) Despite the slowdown in growth rate, Vietnam seafood exports in June 2022 still brought in over 1 billion USD, equivalent to May 2022 and up by 23% over the same period last year. Thus, in the second quarter of 2022, the country's seafood exports recorded sales of over 3.2 billion USD, nearly 36% higher than 2.4 billion USD in the same period in 2021.

(seafood.vasep.com.vn) In recent years, the fishery economy has been invested and exploited effectively by Ben Tre province, making an important contribution to the overall economic growth of this province.

(seafood.vasep.vn.com) In the first 5 months of 2022, Vietnam’s seafood exports to the US reached nearly 1.1 billion USD, an increase of 65% compared to the same period last year. Vietnam seafood exports to this market is expected to gain 2.4 - 2.5 billion USD in 2022 , going up by 25% compared to 2021.

(seafood.vasep.com.vn) On June 22, 2022, the Vietnam Association of Seafood Exporter and Producer (VASEP) held the 2022 annual General conference among its members in Ho Chi Minh city with more than 250 attendees. The conference was very honored to had Mr. Le Minh Hoan, the Minister of Agriculture and Rural Development; Ms. Nguyen Thi Hong Minh, the former Vietnam Deputy Minister of Fisheries, and also the Honorary President of VASEP; Mr. Tran Dinh Luan, the Director General of the Directorate of Fisheries; the representative of the Ministry of Agriculture and Rural Development in Ho Chi Minh City office; Mr.Nguyen Nhu Tiep, the Director of Nafiqad Department; Mr. Nhu Van Can, the Director of Aquaculture Department; representative of the Ministry of Home Affairs; representative of Trade Promotion Department, Ministry of Industry and Trade.