Pangasius price is currently skyrocketing to around 34,000 VND/kg and is about to break the record of 35,000 VND/kg. This helps businesses more active in raw materials through the associated farming areas.
The high demand of the world market also makes the export price of pangasius continuously set new highs. Prices in many markets reach above 6 USD/kg, the highest level ever.
According to Mr. Le Thanh Thuan, Chairman of IDI CORP, while farmers and businesses could not sell their goods due to the impact of the Covid-19 pandemic, IDI CORP had enough resources and actively took the opportunity to increase its inventory and buy a lot of properties at a cheap price.
When southern provinces strictly implemented social distancing due to Covid-19, IDI CORP has stocked up raw materials. Now, the high price of fish and the scarcity of supply both have created great opportunities for IDI.
The profit of the first quarter only partly represents the business trend, and according to IDI CORP, the profit drop point would be in the second and third quarters of this year.
In the fiscal year 2022, IDI CORP’s after-tax profit is expected to reach 900 billion VND, equivalent to an income per share of more than 4,000 VND. The above profit is calculated based on signed orders reaching high prices.
With favorable cash flow, IDI CORP’s Board of Directors (BOD) decided to submit to the General Meeting of Shareholders a plan to pay 15% of the cash dividends in the second and third quarters of this year. The BOD also decided to submit a plan to pay a cash dividend of 30% in 2022.
Notably, the BOD also asked for permission to advance a part of the 2022 dividends right this year. Hence, in 2022, IDI CORP’s shareholders will receive a total dividend of 45% in cash. This is also the highest cash dividend payment of IDI CORP since it was founded.
VASEP’s data indicate that in March, pangasius exports increased by 80% to 261 million USD with positive signs of demand in the major markets such as the US and China, the EU. Accumulated to the end of March 2022, pangasius exports reached 646 million USD, up 88% over the same period in 2021.
VASEP forecasts that seafood exports in April will still maintain growth momentum in major markets when trade activities and trade promotion have returned to normal. In which, pangasius will maintain the leading growth of 80%, followed by shrimp with a 20% increase.
(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.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn
