According to the Ministry of Agriculture and Rural Development (MARD), from the beginning of the year, the weather was relatively favorable for aquaculture and fishing activities, but the price of input materials for production and gasoline prices increased sharply, which had a major impact on fishing activities. However, aquaculture production increased quite high, so the production value of aquatic products in 9 months was estimated to increase by 4.43% compared to the same period last year.
Specifically, seafood production in September was estimated at 805.9 thousand tons, up 4.3% compared to September 2021. Accumulating 9 months, the total fishery output is estimated at 6,602.8 thousand tons, up 2.6% over the same period.
In the fishing sector, in September, the output reached 366.7 thousand tons, down 0.8%. In 9 months, the output reached 2,991.6 thousand tons, down 2.4% over the same period.
The Ministry of Agriculture and Rural Development will guide localities to focus on developing key aquaculture with high economic value
Regarding farming, in September, the output was estimated at 439.2 thousand tons, up 8.9% compared to September 2021. In 9 months, the output was estimated at 3,611.2 thousand tons, up 7.2% over the same period. In which, pangasius production was estimated at 1,139.5 thousand tons, up 10.9%; shrimp reached 777.6 thousand tons, up 10.4%.
The rising oil price has affected fishing activities, the Ministry of Agriculture and Rural Development has guided and directed localities to strengthen control of fishing vessels at ports; recommending fishermen with low production efficiency fishing boats to switch fishing occupations; or take advantage of the repair and maintenance of ships and fishing nets, contributing to reducing the fishing force in the short term, while the aquatic resources have time to recover.
The Ministry of Agriculture and Rural Development will also control the quality of aquatic breeds and input materials in aquaculture; directing localities to do well the registration of key farming subjects; registration of cage aquaculture.
At the same time, the Ministry also monitors weather developments, forecasting fishing grounds, and the fishing situation of fishermen in sea areas to promptly support fishermen to safely and effectively produce. Monitor, guide, handle problems regarding certification of caught seafood and manage fishing vessels at the port to ensure that seafood export activities are not affected and implement anti-fishing IUU fishing to remove the EC's yellow card.
Complied by Thuy Linh
(seafood.vasep.com.vn) The outlook for Vietnam’s seafood exports remains positive, with a strong focus on maintaining growth in key markets like China and the U.S., while diversifying into new regions. As global trade policies continue to evolve, adaptability and strategic planning will be key to navigating the challenges ahead.
(seafood.vasep.com.vn) Thanks to improved pangasius prices and higher production, Vĩnh Hoàn's after-tax profit in Q4 2024 reached VND 440 billion, a 4.8-fold increase compared to the same period last year.
(seafood.vasep.com.vn) According to data from Vietnam’s Customs, in Q4 2024, Vietnam’s pangasius exports to China & Hong Kong reached USD 163 million, a 17% increase compared to the same period in 2023, with consistent growth across all months. The total value of pangasius exports to China & Hong Kong for 2024 reached USD 581 million, a 1% increase over the previous year.
Vietnam’s seafood exports are projected to maintain strong growth this year, potentially reaching 11 billion USD.
(seafood.vasep.com.vn) In the final quarter of 2024, Vietnam’s surimi and fish cake exports showed consistent growth over the last three months. For the entire year 2024, exports of these products reached USD 298 million, down 2% compared to 2023. However, the final quarter saw more promising signs for the surimi and fish cake export sector, with some markets experiencing notable growth, such as Thailand, China, and Taiwan. Particularly, exports to Taiwan, which had seen continuous declines in the previous two quarters, surged by 301% in this quarter.
(seafood.vasep.com.vn) Another year of pride for Vietnam's pangasius exports has concluded, reaching over USD 2 billion and contributing 20% to Vietnam's total seafood export turnover.
Vietnam maintained its position as the fifth-largest seafood exporter to Singapore for 12 consecutive months, surpassing Japan for the first time in 2024, amid the intensifying competition in this market.
(seafood.vasep.com.vn) Despite facing numerous challenges in the second half of the year, Vietnam's canned tuna exports concluded 2024 with a 17% increase compared to 2023, reaching USD 299 million. To maintain this growth momentum in 2025, the canned tuna production and export sector requires coordinated efforts from all stakeholders.
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.
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