By the end of June 2021, experts representing the Korean partner-Amicogen- were present in Vietnam to work with Navico to complete the final steps of design, technical consultation and start-up of the collagen factory. , is expected to start construction in August 2021. This is also a strategic project in Navico's plan to change the structure to value-added products with high technical content.
With more than 21 years of experience in the production and processing of beauty products, the Amicogen & Navico joint venture set the ambition to provide the first C&G value added products to the Vietnamese market by 2022.
The factory with an area of more than 9,600 m2 in phase 1 was built in Thot Not Industrial Park, Can Tho with a capacity of 800 tons of finished collagen and gelatin products per year, according to Korean standards, with expected investment costs. nearly $4 million.
With the current production capacity of more than 450 tons of raw materials/day, Navico's processing plant can supply a huge amount of fish skin for collagen & Gelatin production every day. Fresh fish skin is priced around 0.5 USD/kg. When producing collagen, the price of fish skin can reach 25-40 USD/kg.
At present, Navico's production and business structure includes the following segments: frozen pangasius for export, raw fish farming, aquatic feed processing, value-added product processing, by-product processing and power generation. Solar. Including the contribution of the C&G factory, the company expects the profit of the first phase of the C&G factory to be $1.5 million, contributing 10% of the group's profit.
Collagen and Gelatin processed from pangasius skin is no longer a new product for seafood processing enterprises, but not many Vietnamese seafood enterprises complete the C&G production chain, creating value-added products that can compete with longtime manufacturers from Europe, Japan, Korea,…
(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.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
(vasep.com.vn) Changing markets, shifting buyer demand, and increasingly complex trade barriers are raising a key question for Vietnam’s seafood industry: Where will the new growth opportunities lie in 2027–2029?
(seafood.vasep.com.vn) As of the end of August 2026, Vietnam’s tilapia exports to the United States reached $21 million, representing a steep 48% year-over-year decline and accounting for 23% of the country's total tilapia export turnover. Frozen fillets accounted for 78% with the remainder consisting of whole frozen tilapia and frozen cuts.
(seafood.vasep.com.vn) After a volatile first half of the year, Vietnam’s pangasius exports to Brazil registered robust growth in July and August 2026. In August alone, export turnover reached $19 million, surging 73% compared to the same period in 2025. Cumulatively for the first eight months, total export value reached $124 million, reflecting an 8% year-over-year increase.
(seafood.vasep.com.vn) Besides modifying their boats, many fishermen in Dak Lak province are making efforts to venture out to sea to harvest seafood during the rough sea season.
(seafood.vasep.com.vn) At the Responsible Seafood Summit and TCRS Shrimp Summit 2026, organized by the GSA (Global Seafood Alliance) in Bangkok, Thailand, the conversation about the future of the shrimp industry began with one of its most important foundations: seedstock quality.
(seafood.vasep.com.vn) In the first eight months of 2026, Vietnam’s tuna exports to Lithuania surpassed $14 million, up 8% year on year. While the increase remains modest, it is notable given the continued pressure on Vietnamese tuna exports to the EU as a whole. More importantly, export turnover to Lithuania has shown a clearer recovery in recent months, making the market a destination worth monitoring for Vietnamese businesses in Europe.
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