Speaking about the project, Ms Berenice Muraille, Development Counselor of the Delegation of the European Union to Vietnam said: "The project intends to improve the competitiveness of Vietnam’s Pangasius industry in the global market. Through this project, EU directly supports the entire Pangasius supply chain from hatcheries, feed producers and processers in Vietnam to traders and end-use customers, including those in the EU which is the largest market for Vietnam's pangasius export".
The 4 year long project, running from 2013 to 2017, will focus on capacity building, promotion of responsible production to increase product quality, mitigation of environmental impacts and reduction on production costs by applying Resources Efficiency and Cleaner Production methodology, product innovation and market development and promotion. The project also supports information exchange, techniques for households and small and medium enterprises (SMEs) in applying the current sustainable standards as Aquaculture Stewardship Council (ASC), Global GAP, etc, towards sustainable production aimed to increase the competitiveness of the Pangasius sector in the world market.
“SUPA is one of the supporting projects for Vietnam's Pangasius sector, which not only approaches from supply chain viewpoint but also applies “PUSH” and “PULL” methods for activities such as sustainable production and market promotion. It also includes the application of research results into practice”. Prof. Dr. Tran Van Nhan – Director of VNCPC emphasized.
It is expected that by the completion of the project, at least 70% of the targeted middle to large Pangasius producing and processing enterprises, together with 30% of the feed producers and small independent production SMEs will be actively engaged in Resources Efficiency and Cleaner Production (RE-CP), and at least 50% of targeted processing SMEs will be provided with sustainable products compliant with the ASC standard to EU and other markets.
Media Contacts: For further information, please contact Ms Vien Ngoc Bich, EU Delegation, tel: 04 9461783, email: bich.vien@eeas.europa.eu or Mr Le Xuan Thinh, Project Manager, Vietnam Cleaner Production Centre (Hanoi University of Science and Technology), Tel: 04 38684849 (ext 28), email: thinh.lx@vncpc.org
(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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