ASEAN was still the fourth largest importer of Vietnamese pangasius after the US, China and EU.
The export revenue of Pangasius to Thailand in 2018 reached US$76 million. This was the largest export market of Vietnamese pangasius in the ASEAN region, accounting for 36.8% of total exports.
According to ITC statistics, in the first 10 months of 2018, Thailand was Vietnam’s largest market of white fish of which the main imported product was frozen pangasius (HS 030462) with the average import value from between US$4.4 to US$6.9 million/month and import volume from 2,000 to 3,750 tonnes/ month. In addition to Vietnamese pangasius products, Thailand also imported some other white fish products such as Alaska fish (HS 030494) from the US and Alaska pollock fish (HS 030367) from Russia. Until this time, importing frozen pangasius to Thai Lan is still quite stable.
In addition to Thailand, Pangasius export to Singapore and Philippines markets in 2018 also achieved high growth with export revenue reaching US$42.3 million and US$37.4 million respectively.
In the first 9 months in 2018, Singapore imported Pangasius mainly from Vietnam, followed by China and Malaysia. In addition to frozen fillet pangasius product, Singapore also imported frozen pollock Alaska fish products (HS 030475) from China and frozen tilapia (HS 030461) from Indonesia. In 2018, the demand for pangasius from Singapore and the Philippines was stable and grew at double digits. These were positive signs for Vietnamese Pangasius exports in ASEAN.
Currently, in addition to China, Indonesia also intends to increase production and expand Pangasius farming scale to target the Middle East market and some markets in the ASEAN region due to high demand in these two areas.
It is forecast that in 2019, the demand for Pangasius to ASEAN countries especially Thailand, Philippines and Singapore market will continue to grow steadily. This is an opportunity for Pangasius export enterprises to continue to increase export proportion to this market.
In January 2025, Vietnam's shrimp exports to the UK reached over 16 million USD, an 8% increase compared to the same period last year. The UK is the sixth-largest individual market for Vietnam’s shrimp imports, accounting for 5.5% of the total shrimp exports to various markets. Shrimp also holds the largest share (70%) in Vietnam’s total seafood exports to the UK.
Nguyễn Đức Bình, vice director of Quảng Ngãi Province's Department of Agriculture and Rural Development, said that 4,259 out of 5,194 fishing boats (82 per cent) had registered for operations at sea.
(seafood.vasep.com.vn) The first two months of 2025 recorded positive signals in Vietnam's seafood export activities, with total revenue reaching USD 1.423 billion, growing 18.2% compared to the same period in 2024. In February 2025, the export value hit USD 655.197 million, showing an impressive growth of 42.6%.
(seafood.vasep.com.vn) Kiên Giang Province, home to over 13,000 fishing vessels, is intensifying efforts to combat illegal, unreported, and unregulated (IUU) fishing. Faced with challenges from offshore fishing, many vessels have shifted to near-shore fishing using destructive methods, severely damaging marine ecosystems.
(seafood.vasep.com.vn) Vinh Hoan Corporation (HOSE: VHC) continues to solidify its position as the leader in Vietnam's pangasius export industry with impressive business results in 2024 and positive prospects for 2025. Factors supporting growth, such as recovering demand, improved selling prices, and favorable international trade policies, make Vinh Hoan one of the top stocks to watch in investment portfolios for 2025.
Amid global trade uncertainties, Việt Nam is prioritising compliance with international market requirements to maintain and expand its agricultural exports.
On February 26, 2025, VinFast and the Vietnam Association of Seafood Exporters and Producers (VASEP) signed a comprehensive cooperation agreement to strongly promote green transformation goals. The collaboration between the two parties will contribute to the realization of the country’s sustainable development goals and help elevate the Vietnamese brand on the international market.
(seafood.vasep.com.vn) In 2024, the total brackish water shrimp farming area in Ca Mau reached 278,600 hectares, with a shrimp output of 242,000 tons. This output achieved 99.59% of the set target and marked a 4.57% increase compared to the same period last year. The average shrimp yield attained 869 kilograms per hectare per year, representing a 38 kilograms per hectare per year increase compared to 2023. Shrimp export turnover reached USD 1.12 billion, positioning Ca Mau amongst the nation's leading localities in this sector.
(seafood.vasep.com.vn) In 2024, Ben Tre province expanded its high-technology application in aquaculture by an additional 523 hectares, surpassing the planned target of 500 hectares and achieving a fulfillment rate of 104.6%. To date, the province has converted 3,633 hectares to high-tech aquaculture out of the 4,000-hectare goal, representing 90.82% progress towards the 2021-2025 phase plan. This sector yields an average productivity of 60-70 tons per hectare, with a total output reaching 221,282 tons. The average profit margin ranges from VND 700 to 800 million per farming season, delivering substantial economic benefits to the local populace.
(seafood.vasep.com.vn) In 2025 In 2025, Vietnam's brackish water shrimp industry will continue to grow sustainably, enhancing value-added products with strong contributions from local authorities and the business community.
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