The conference was chaired by James C.Riedle, economist from John Hopkins University in the U.S. and attended by more than 70 representatives from local enterprises, relevant government agencies and media in Mekong Delta provinces.
The objective is to share information about Vietnam agricultural export in 2011 and the role of agricultural industry as well as its new challenges to forecast the agricultural export trend in Mekong Delta in the next future.
James C.Riedel identified the most challenge for Mekong Delta provinces in pangasius and rice export development was to improve production yield and income from agricultural activities.
To overcome challenges, Mekong Delta provinces need to project measures in agriculture to enhance the production’s effectiveness. It is also necessary to take measures as follows: attiring idle labours from rural areas to work in manufacturing sectors; focusing on export-oriented industrialisation and a level field for both state-owned and private companies; creating more transparent financial system and stabilizing macro economy.
Participants to the conference shared opinions and analysis on opportunities and challenges of regional export of agricultural and seafood products, as well as outline new orientations to reach international markets in the coming time.
Hungca Co will be present, from 24 to 26 April 2012, at the European Seafood Exposition (ESE) – the world’s biggest seafood show in Brussels – Belgium. This is the annual show of the company in seeking new customers and developing new markets in Europe. It is expected that Hungca presents to customers traditional pangasius fillets and value-added products at its booth in Hall 9 – 4359.
Website: www.hungca.com
(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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