The province has 12,500 fishing vessels with total capacity of 1.7 million CV including 3,500 offshore fishing vessels with average capacity of 340 CV per one. So far this year, capture production of the province reached over 288,500 MT, equal to 66.2 percent of the yearly plan.
Fishing activities in the province are operated under fishing unions which helps fishermen to save costs for fishing trips. Joining in the unions, fishermen will be supported in terms of fuel, material supply and they will receive assistance if they get risk at sea.
Many local enterprises, boat owners invested in equipments to reduce post harvest loss and raise their products’ quality and value.
Besides, the local authorities also attach importance to the registration of fishing vessels and closely control them at estuaries and seaports. Local captains and fishermen are trained to catch fish in the right season. They are instructed not to catch fish in fishing grounds of neighboring countries.
In order to protect fishery resources, the province stepped up propagandizing fishermen not to catch fish using dynamite, electric fish shocker and not to catch fish in fishing- banned grounds, especially during its spawning season. The province also applies strict punishment with violators.
The province invested in upgrading fishing ports, anchorage for boats to shelter from the storms and tropical low and vessels of fisheries logistics services.
However, local fishing activities still face difficulties. Some backwardness is that fishermen lack of capital to go offshore fishing, demand of fish products from importers is unstable, fish price is low amid high fuel price. Besides, big post harvest loss and dwindling fish stock, lack of high-capacity offshore fishing boats are also obstacles confronted by the locality.
SSI forecasts a 28% year-on-year increase in after-tax profit attributable to the parent company of Vinh Hoan Corporation (VHC), driven by a gradual improvement in average selling prices from USD 3.15/kg in 2024 to USD 3.30/kg (+5%) in 2025. An Giang Fisheries Import-Export Joint Stock Company (ANV)'s after-tax profit attributable to the parent company is projected to rebound by 104%.
In 2025, the Mekong Delta province of Bac Lieu aims to earn 1.2 billion USD from exporting shrimp, one of the key export products that accounts for over 95% of its total export value.
(seafood.vasep.com.vn) The Report on Vietnam Pangasius Sector 2015–2024, produced and released by the Vietnam Association of Seafood Exporters and Producers (VASEP) in January 2025, is expected to provide enterprises, importers, and government agencies with a comprehensive overview of key developments in Vietnam's pangasius production and export over the past decade. In addition to highlighting achievements, the report identifies existing challenges and analyzes future opportunities and threats for the pangasius industry.
(vasep.com.vn) Overcoming two years of fluctuation in both export markets and domestic production, Vietnam's pangasius industry has demonstrated resilience, adaptability, and a strong determination to seize opportunities and boost exports to various markets. As a result, in 2024, pangasius exports reached USD 2 billion, a 9% increase compared to 2023. This achievement is a source of pride for Vietnam's aquaculture and agriculture sectors.
(seafood.vasep.com) Speaking at a conference to implement the 2025 plan of the Ministry of Agriculture and Rural Development, Prime Minister Pham Minh Chinh urged the agricultural sector to strive for a total export turnover of agricultural, forestry, and fishery products reaching $70 billion by 2025.
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
In 2025, seafood exports are expected to continue to grow better and could reach 11 billion USD as in 2022. However, this is also the year the seafood industry will face challenges, including increased competition from other countries, trade wars and market barriers...
(seafood.vasep.com.vn) On the afternoon of December 25, at Toan Thinh Conference Center (Soc Trang City), the Soc Trang Fisheries Sub-department, under the Department of Agriculture and Rural Development of Soc Trang, held a conference to review the 2024 aquaculture activities and outline the brackish water shrimp farming plan for 2025. The event was attended by Ms. Quach Thi Thanh Binh, Deputy Director of the Department of Agriculture and Rural Development of Soc Trang.
The Mekong Delta province of Soc Trang aims to achieve export value of over 1.9 billion USD in 2025 by boosting production and processing of key products such as seafood, high-quality rice, fruits, and garments.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
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