There are more and more pangasius processing and export companies receiving quality certificates like Best Aquaculture Pratices (BAP), Good Aquaculture Pratices (GlobalGAP), Aquaculture Stewardship Council (ASC)…In which, ASC is the newest standard applied by Vietnam pangasius industry. This is an accreditation, certification and products-labeling program for responsibly farmed-pangasius. With ASC certificate, Vietnam pangasius industry may strengthen competitiveness and keep its shares in traditional and potential markets where importers and consumers are more interested in quality and product value.
The ASC standards have main 7 principles including: respecting established local and national legal frameworks; strengthening management to avoid negative impacts on other users and the environment; minimizing negative impacts of pangasius farming on water and land resources; minimizing impact of pangasius aquaculture on the local pangasius populations; sustainable feed and feeding practices; minimizing ecosystem and human health impacts; social responsibility. To social responsibility, ASC standard focuses on two requirements (including labors’ age and their health and safety); and responsibility for local communities.
However, many fish producers shared that they were confused even at the first step of ASC standards applying. Some ASC’s information and guidelines are not adequate to conditions in Vietnam. For example, the criteria on pond effluent management in minimizing negative impact on water resources. ASC-applying farms are subjected to the wastewater tax while Vietnam has not set rules on this issue yet. Moreover, they need licence issued by Ministry of Environment and Natural Resources (MONRE) if discharging 5,000 cubic meter of waste water per day referring to the government’s Decree No.149/2004 and MONRE’s Circular No.02/2005. This caused waste of time and money.
Vietnam’s guidelines to list and protect local endangered aquatic species are also confusing and incoherent among localities, withdrawing concerns of farm operators. To solve the obstacle, WWF Vietnam has working in cooperation with Can Tho University to conduct a study and build up database on Red List of endangered species and IUCN for Mekong Delta region. Local fish farm’s environmental technicians and experts can base on these data to revise the farming chain to satisfy ASC’s criteria at reasonable cost.
It is also unrealizable to use the Kjeldahl method complying with ISO 17025 to assess testing laboratories in Vietnam because none of laboratories knows about the method. To this current difficult, WWF Vietnam suggested sampling and testing laboratory under ISO 17025, and then auditors would base on testing results to decide to use Kjeldahl or not. Some laboratories in Vietnam begin to register to be granted ISO 17025 certification for Kjeldahl method.
(seafood.vasep.com.vn) According to a report by the General Statistics Office, the estimated pangasius output for January 2025 reached 102.5 thousand tons, representing a 6.0% increase compared to the corresponding period of the preceding year. This surge is attributed to the rise in pangasius material prices within the Mekong Delta, which has incentivized aquaculture farmers to expand their stocking activities. Concurrently, this price increase has facilitated processing enterprises to intensify procurement efforts to meet export demands during the early part of the year.
(seafood.vasep.com.vn) Between 2015 and 2024, Vietnamese pangasius exporting enterprises have undergone notable transformations in rankings and experienced fluctuations in developmental strategies, competitive intensity, and business efficacy. This dynamic is clearly illustrated through shifts in export turnover and the proportional contribution to the national pangasius export volume among the Top 5 enterprises.
(seafood.vasep.com.vn) The outlook for Vietnam’s seafood exports remains positive, with a strong focus on maintaining growth in key markets like China and the U.S., while diversifying into new regions. As global trade policies continue to evolve, adaptability and strategic planning will be key to navigating the challenges ahead.
(seafood.vasep.com.vn) Thanks to improved pangasius prices and higher production, Vĩnh Hoàn's after-tax profit in Q4 2024 reached VND 440 billion, a 4.8-fold increase compared to the same period last year.
(seafood.vasep.com.vn) According to data from Vietnam’s Customs, in Q4 2024, Vietnam’s pangasius exports to China & Hong Kong reached USD 163 million, a 17% increase compared to the same period in 2023, with consistent growth across all months. The total value of pangasius exports to China & Hong Kong for 2024 reached USD 581 million, a 1% increase over the previous year.
Vietnam’s seafood exports are projected to maintain strong growth this year, potentially reaching 11 billion USD.
(seafood.vasep.com.vn) In the final quarter of 2024, Vietnam’s surimi and fish cake exports showed consistent growth over the last three months. For the entire year 2024, exports of these products reached USD 298 million, down 2% compared to 2023. However, the final quarter saw more promising signs for the surimi and fish cake export sector, with some markets experiencing notable growth, such as Thailand, China, and Taiwan. Particularly, exports to Taiwan, which had seen continuous declines in the previous two quarters, surged by 301% in this quarter.
(seafood.vasep.com.vn) Another year of pride for Vietnam's pangasius exports has concluded, reaching over USD 2 billion and contributing 20% to Vietnam's total seafood export turnover.
Vietnam maintained its position as the fifth-largest seafood exporter to Singapore for 12 consecutive months, surpassing Japan for the first time in 2024, amid the intensifying competition in this market.
(seafood.vasep.com.vn) Despite facing numerous challenges in the second half of the year, Vietnam's canned tuna exports concluded 2024 with a 17% increase compared to 2023, reaching USD 299 million. To maintain this growth momentum in 2025, the canned tuna production and export sector requires coordinated efforts from all stakeholders.
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