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) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
By the end of Q3/2025, Vietnam’s seafood industry recorded a clear recovery as a series of leading companies reported strong profits — some even achieving the highest results in their history. After several quarters struggling with high costs and weakened demand, the latest business results indicate a robust comeback across the industry.
(seafood.vasep.com.vn) On November 12 in Ho Chi Minh City, the Embassy of the Netherlands, in coordination with the Ministry of Agriculture and Environment, organized the Vietnam–Netherlands Business Forum under the theme “Shaping the future of sustainable aquaculture in the Mekong Delta.”
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
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