All ASC certified seafood adheres to strict guidelines to ensure they minimise the negative environmental impacts of farming, while also protecting the rights of workers.
The non-profit organization notes that pangasius farms certified to the ASC standard can only be located in areas approved for aquaculture. In addition, they are required to measure various water parameters including nitrogen, phosphorus, and oxygen levels, at regular intervals to ensure they remain within set limits for optimal growing conditions. Strict procedures must be followed to make sure that waste water does not pollute the ecosystem.
On the other hand, farms must also adhere to rigorous requirements to minimise disease outbreaks, must not use antibiotics unless truly necessary and then can only do so under the supervision of a veterinarian.
As with all ASC standards, no antibiotics on the list of the World Health Organization's list of Critically Important Antimicrobials for human health can be used on a farm.
Because the fish can be farmed efficiently, with low land use and limited use of feed, and can be produced in a way that respects the environment and communities, it is a suitable product in the competitive white fish market, ASC emphasized.
Finally, the organization stresses that CP Vietnam Corporation and Thuan An are two real-world examples of the benefits ASC Certification can bring in. For these two companies it involved farm upgrades to waste water treatment, better feed practices, and steps to reduce fish mortality and improved staff education and training.
Currently, many enterprises, farms and processors in Vietnam are granted international certification like BAP, PAD of the U.S., ASC…
(seafood.vasep.com.vn) The US remains Vietnam’s largest single market for shrimp imports, accounting for 20% of Vietnam's total shrimp exports globally. As of October 15th, 2024, Vietnamese shrimp exports to the US reached nearly 600 million dollas, marking a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) According to Vietnam Customs, pangasius exports to Canada reached over 1 million USD in the first half of October 2024, a 33% decrease compared to the same period last year. However, by October 15, 2024, total pangasius exports to Canada had reached 32 million USD, reflecting a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) Cà Mau is accelerating its digital transformation, developing green industries, and promoting high-tech processing of agricultural and aquatic products, with a focus on sustainable economic growth and environmental protection.
(seafood.vasep.com.vn) The Dong Thap Pangasius Festival 2024, themed 'Dong Thap Pangasius: Green Journey - Green Value', will take place on November 16-17 in Hong Ngu City.
The positive business momentum in the domestic seafood sector could last into the first half of 2025, according to experts.
(seafood.vasep.com.vn) In the first three quarters of 2024, brackish water shrimp production exceeded 1.1 million tons, with export revenue reaching $2.8 billion. The seafood industry has set a target of $4 billion for shrimp exports for the entire year.
While the price of 1 kg of shrimp hovers around 20 USD, the value of 1 kg of chitosan—extracted from shrimp—can soar to 500 USD. This highlights a significant challenge within the seafood processing industry.
(seafood.vasep.com.vn) By October, Vietnam's shrimp exports had generated nearly $3 billion, reflecting an increase of over 10% compared to the same period last year. Shrimp remains the leading commodity contributing to the export turnover of the entire seafood industry.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX VN - HoSE: FMC) concluded Q3/2024 with significant growth in revenue. Specifically, Sao Ta Food recorded revenue of VND 2,845 billion, a 58.6% increase year-on-year. The company's profit after tax reached VND 95 billion, up 6.2%.
VASEP's Seafood Export Report for the third quarter of 2024 provides a comprehensive overview of Vietnam's seafood export performance in the first nine months, with impressive results reaching $7.2 billion—an increase of 9% over the same period last year. In the third quarter alone, seafood exports grew by 15%, totaling $2.8 billion. This growth is attributed to a recovery in demand and prices in key markets such as the U.S. and China, as well as the competitive advantage of value-added products in markets like Japan and Australia.
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