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) Vietnamese seafood exports recorded impressive growth, generating nearly 6 billion USD in revenue during the first six months of the year, up 13% compared with the same period last year.
(seafood.vasep.com.vn) Fishermen in Ha Tinh are gradually overcoming difficulties to maintain the efficiency of seafood exploitation. In the first six months of 2026, the entire province achieved a production of more than 23,000 tons of seafood, worth more than 1,200 billion VND.
(seafood.vasep.com.vn) June 2026 brought encouraging signs for Vietnam's tuna exports, with export value rising 20% year-on-year to nearly USD 72 million. However, this increase has yet to offset the prolonged slowdown seen in key markets such as the European Union (EU), where import demand remains weak. The outlook for the second half of the year is expected to become more challenging as freight rates continue to climb.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the Vietnam Association of Seafood Exporters and Producers (VASEP), in collaboration with the Agency for Domestic Market Management and Development under the Ministry of Industry and Trade, will organize the Domestic Seafood Supply–Demand Matching Program on the morning of August 20, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City. The program aims to foster direct business connections between Vietnamese seafood producers and processors and domestic distributors, retailers, and foodservice channels.
(seafood.vasep.com.vn) The Cooking Show will be one of the most engaging experiential highlights of Vietfish 2026. Taking place over three days, from August 19–21, 2026, at Hall B1, SECC, Ho Chi Minh City, the event will offer visitors a vibrant culinary space where Vietnamese seafood is showcased through its flavors, stories, and real-life culinary applications.
(seafood.vasep.com.vn) Vietnam's pangasius exports reached USD 205 million in June 2026, up 5% compared with the same month in 2025. Cumulative export value for the first six months of the year totaled USD 1.1 billion, an increase of 12% year-on-year. Growth was primarily driven by strong demand from China and CPTPP markets, while exports to the United States and Brazil continued to decline.
(seafood.vasep.com.vn) In the first six months of 2026, Ha Tinh province continued to implement comprehensive solutions to combat IUU fishing; strictly manage the fishing fleet, control fishing vessels entering and leaving ports, operate vessel tracking devices, trace the origin of seafood, and severely punish violations.
(seafood.vasep.com.vn) Vietnam's tilapia exports reached USD 7 million in June 2026, down 32% compared with the same month in 2025. Nevertheless, thanks to strong growth in the first five months of the year, cumulative tilapia exports in the first half of 2026 totaled USD 69 million, up 67% year on year.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), has been honored with the "Famous Brand - Competitive Vietnamese Brand 2026" certification at an award ceremony organized by the Vietnam Intellectual Property Association (VIPA).
(seafood.vasep.com.vn) China imported nearly $1.4 billion worth of Vietnamese seafood in the first half of the year, a 40% increase compared to the same period last year, surpassing the US to become the largest export market for the industry.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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