The Tien Giang-based firm will continue to export 400 MT of seafood products to European countries. In 2014, it targets to produce 28,000 MT of seafood products (up 10,000 MT) for a total export value of US$60 million, a 1.5-fold rise and a turnover of VND1,500 billion, a 2-fold rise against that of 2013.
In 2014, Vietnam export-driven fishery industry may see more advantages than the previous years, as the global economy is on the recovery, leading to strong consumption in importing markets. At the moment, Godaco is investing in its reorganization plan by creating a close link among all steps in the production chain, as well as further promoting products to open more markets. In addition, Godaco focuses on equipment and modern technologies in processing plants to improve production and product quality to meet foreign consumers' demands.
In 2014, the company plans to inject VND150 billion in installing equipment in 3 feed processing chain, building more processing plant and a pangasius farming area of 50 hectares. Total superficies for farming area will be 230 hectares, satisfying 80 percent of raw material needs.
In late 2013, Godaco started running its new seafood processing zone which covered an area of 7 hectares including a pangasius fillet processing workshop, a fishmeal processing workshop and cold store in Ben Tre province. Of more than VND250 billion of the total investment, VND150 billion is invested into modern equipment and automatic conveyor.
In the 1st phase, the plant's production capacity is 150 MT of raw fish per day and 100 MT of by-products per day. Its cold storage has capacity of 5,000 MT of finished products. The plant will employ 1,500 local workers.
So far, Godaco has had 6 seafood processing plants for pangasius, clam and other seafood products, which are sent to 40 countries and territories. The company totals 3,000 workers with an average salary of VND5 million per person per month.
In 2013, the company exported US$40 million of seafood products to EU, Middle East and North America.
www.godaco-seafood.com.vn
(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.
(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.
(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.
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