Created by the GAA in 2008, BAP has the mission of providing quantitative guidelines for evaluations of best practices in aquaculture.
“As we look forward to 2020, our eyes are fixed on the horizon and humanity’s enormous challenge of increasing protein production by 30 to 50 percent by 2050, while simultaneously reducing environmental impact,” GAA President George Chamberlain said in a letter included in the report. “Aquaculture will have a major role, but we must work hard to sustainably intensify our production methods. GAA does this not only through BAP certification activities, but also through initiatives focused on the improver space and on leading-edge technologies.”
The BAP certification has now been awarded to 388 processing plants, 1,833 farms, 132 feed mills, 279 hatcheries, and 49 reprocessors.
In 2019, the program integrity team traveled to 13 countries to visit BAP-certified facilities, and food-safety laboratories, and the GAA conducted auditor training courses in Santiago, Chile; Portsmouth, New Hampshire, U.S.A.; and Ho Chi Minh City, Vietnam. BAP has certified auditors in more than 20 countries worldwide.
GAA introduced a redesigned dashboard with the launch of the new BAP website in October 2019, with the goal of displaying supply chain data in a more user-friendly way. For 2020, BAP plans to launch a new Supply Chain Transparency (SCT) program plant view, which will allow all BAP-certified plants sourcing BAP-certified products to access their production chain data.
This year, GAA initiated a traceability study in order to better understand where the seafood industry currently stands regarding traceability initiatives and operations. Data-verification pilot programs are expected to launch at a select few BAP certified facilities within several weeks, according to the report.
SSI forecasts a 28% year-on-year increase in after-tax profit attributable to the parent company of Vinh Hoan Corporation (VHC), driven by a gradual improvement in average selling prices from USD 3.15/kg in 2024 to USD 3.30/kg (+5%) in 2025. An Giang Fisheries Import-Export Joint Stock Company (ANV)'s after-tax profit attributable to the parent company is projected to rebound by 104%.
In 2025, the Mekong Delta province of Bac Lieu aims to earn 1.2 billion USD from exporting shrimp, one of the key export products that accounts for over 95% of its total export value.
(seafood.vasep.com.vn) The Report on Vietnam Pangasius Sector 2015–2024, produced and released by the Vietnam Association of Seafood Exporters and Producers (VASEP) in January 2025, is expected to provide enterprises, importers, and government agencies with a comprehensive overview of key developments in Vietnam's pangasius production and export over the past decade. In addition to highlighting achievements, the report identifies existing challenges and analyzes future opportunities and threats for the pangasius industry.
(vasep.com.vn) Overcoming two years of fluctuation in both export markets and domestic production, Vietnam's pangasius industry has demonstrated resilience, adaptability, and a strong determination to seize opportunities and boost exports to various markets. As a result, in 2024, pangasius exports reached USD 2 billion, a 9% increase compared to 2023. This achievement is a source of pride for Vietnam's aquaculture and agriculture sectors.
(seafood.vasep.com) Speaking at a conference to implement the 2025 plan of the Ministry of Agriculture and Rural Development, Prime Minister Pham Minh Chinh urged the agricultural sector to strive for a total export turnover of agricultural, forestry, and fishery products reaching $70 billion by 2025.
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
In 2025, seafood exports are expected to continue to grow better and could reach 11 billion USD as in 2022. However, this is also the year the seafood industry will face challenges, including increased competition from other countries, trade wars and market barriers...
(seafood.vasep.com.vn) On the afternoon of December 25, at Toan Thinh Conference Center (Soc Trang City), the Soc Trang Fisheries Sub-department, under the Department of Agriculture and Rural Development of Soc Trang, held a conference to review the 2024 aquaculture activities and outline the brackish water shrimp farming plan for 2025. The event was attended by Ms. Quach Thi Thanh Binh, Deputy Director of the Department of Agriculture and Rural Development of Soc Trang.
The Mekong Delta province of Soc Trang aims to achieve export value of over 1.9 billion USD in 2025 by boosting production and processing of key products such as seafood, high-quality rice, fruits, and garments.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
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