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,…
(seafood.vasep.com.vn) In 2023, total pangasius imports into the European Union saw a significant decline compared to the previous year. Approximately 70,000 tons were imported, 3,000 tons less than in 2022, according to a report from FAO-Globefish.
(seafood.vasep.com.vn) On December 11, Vinh Hoan Joint Stock Company (Vinh Hoan Corp) was once again honored in the "Top 50 Most Effective Businesses in Vietnam" ranking, compiled annually by the Investment Bridge Magazine. This marks the 11th consecutive year Vinh Hoan has been recognized in this prestigious list.
(seafood.vasep.com.vn) The purchase price of raw pangasius in the first 11 months of 2024 remained at 26,000-27,000 VND/kg. However, farmers faced challenges in earning profits due to rising costs of fish feed, fuel, and labor during the year.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX) recently announced its production and business results for November 2024, showing a 5% year-over-year increase in revenue but a 21% decline compared to the previous month.
(seafood.vasep.com.vn) Soc Trang province underscores the critical role of the fisheries sector in driving its socio-economic development. Located along Vietnam's coastline, the province features 72 km of shoreline, three major estuaries—Dinh An, Tran De, and My Thanh—and a dense river network encompassing diverse ecosystems, including saltwater, brackish, and freshwater. These natural resources provide ideal conditions for the growth of aquaculture, making the fisheries sector a cornerstone of Soc Trang’s economic strategy.
(seafood.vasep.com.vn) In 2024, the pangasius industry in Dong Thap is projected to achieve a production value of VND 8.802 billion, marking a 2.86% increase compared to 2023 and accounting for over 17% of the province's total agricultural, forestry, and fishery production value.
(seafood.vasep.com.vn) Vietnam's tuna exports to Japan have seen robust growth over the past two months. Data from Vietnam Customs shows that in October 2024 alone, tuna exports to Japan surged by 31% year-on-year, reaching nearly USD 3.5 million. This growth has offset the decline experienced in the first half of the year, raising the total export value for the first ten months of 2024 to nearly USD 28 million, a 5% increase compared to the same period last year.
A business forum was held by the Dutch Embassy in Vietnam in collaboration with the Ministry of Agriculture and Rural Development (MARD) in the Mekong Delta city of Can Tho on November 27, seeking ways for sustainable aquaculture in the region.
(seafood.vasep.com.vn) On November 18, Ms. Truong Ha Phuong Anh, Director of the Center for Investment Promotion and Business Support (iPEC), stated that during the Ca Mau Province Agricultural and Aquatic Products Trade Promotion Conference 2024, held on November 15, there were 209 direct trade interactions between 42 seafood processing and exporting enterprises, OCOP producers in the province, and five leading domestic retail companies: Central Retail, Saigon Co.op, Kingfood Mart, Bach Hoa Xanh, and Satra Supermarket.
In 2024, the Binh Dinh Agricultural Extension Center successfully implemented a semi-intensive and intensive two-stage whiteleg shrimp farming model using Semi-Biofloc technology.
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