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) Nearly US$1.7 billion is the projected gap in 2029 between the baseline scenario and a scenario in which Vietnam’s seafood exports grow by 10% annually, according to calculations by VASEP to be presented at Vietnam Seafood Summit 2026. This gap raises a key question for the entire industry: Which markets, products and supply chain improvements will generate the additional growth?
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
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