Navico, The world of Pangasius

News 13:31 17/07/2018
Our vision

Ÿ Become a top brand in South East Asia in the field of fisheries

Ÿ Always improve product quality, put the trust in customer and aim for sustainable development first

Ÿ Target to meet the global brand standard, leading the “prestige – quality – clean products – prioritize consumer’s health”.

Our story

The great start for our Corporation’s story is to begin with our beloved leader – Chairman Doan Toi.

First of all, He established Nam Viet Co., Ltd. in the field of civil and industrial construction. Without stopping there, he relized the potential of our country’s fishery sector which could be further developed, fish farmer’s livelihoods could be further improved. In 2000, he bravely invested to expand the scope of activities to seafood market. The first was the establishment of Nam Viet Freezing Factory, specializing in processing pangasius. At the same time, he established fish farming areas to control the supply of raw materials.

Next is the establishment of the second Freezing Factory named Pacific Ocean Factory in 2004. In 2008, the Atlantic Ocean Factory was also established. Marking the initial success of his business transformation is in 2007, NAVICO is the the biggest pangasius exporter of the world.

It is also a motivation for him to pursue the dream that bringing the country’s aquaculture become further! The establishment of the India Ocean Factory in 2008 with the capacity of hundreds of tons/day has opened up a new turning point for NAVICO in particularly and the economy of seafood in our country in generally.

Starting in 2012, he launched a aqua feed mill factory with a capacity of more than 200,000 Mts per year.

In 2013, he expanded the fish farming area from 100 hectares to 300 hectares, which could provide over 120,000 MTs of fish materials per year.

In 2014, tilapia farming area is built with over 4,000 floating cages on the Mekong river, total productivity is 80,000 MTs / year.

By 2015, with more than 20,000 broodstock, NAVICO was able to supply 14 billion fingerlings per year.

Completing part of our goal and success always comes to those who are constantly trying. In 2018, NAVICO is honored to be one of 20 high performance joint stock companies in 2017.

So far it has been over 17 years of establishment and developement, experienced many ups and downs but NAVICO still stands stablely in the market. Besides prestige products, quality is trusted by domestic and foreign customers. Providing nutritional value for consumers. We have also been striving to bring even more values. NAVICO is constantly researching and improving to produce more healthy foods. The value that NAVICO always aims to is “CONSUMER HEALTH”.

Source: Nam Viet Co., Ltd.

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TIN MỚI CẬP NHẬT

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(seafood.vasep.com.vn) After a fairly strong upward trend in 2025, Vietnam’s clam exports entered 2026 with a mixed picture: strong growth at the beginning of the year, followed by a slowdown from March onward. According to Vietnam Customs data, Vietnam’s clam export turnover in the first four months of 2026 reached more than USD 38 million, up 2% compared to the same period in 2025.

Pangasius “goes offshore”: technology and market challenges

 |  09:05 24/05/2026

(seafood.vasep.com.vn) Vietnam’s pangasius industry is facing new opportunities to expand its development space as many localities and businesses begin promoting marine farming models aimed at diversifying farming areas and adapting to climate change. However, for pangasius to truly “go offshore” and develop into a large-scale industry segment, significant challenges related to technology, broodstock, and markets still need to be addressed.

Tilapia exports in April 2026 surge, Brazil accounts for more than half of total turnover

 |  08:26 23/05/2026

(seafood.vasep.com.vn) Vietnam’s tilapia exports in April 2026 reached USD 11 million, up 92% compared to the same period in 2025. This strong growth indicates that Vietnamese tilapia products are continuing to penetrate and expand rapidly in international markets. Cumulative export turnover in the first four months of 2026 reached USD 49 million, up 151% year-on-year.

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 |  08:37 17/05/2026

(vasep.com.vn) After a period of strong growth, with export turnover reaching USD 38 million in Q1/2026 — up 174% year-on-year — the sector’s rapid expansion clearly reflects growing market opportunities.

ASEAN: A promising market for Vietnamese pangasius exports

 |  08:18 15/05/2026

(vasep.com.vn) In the first quarter of 2026, Vietnam’s pangasius exports to the ASEAN bloc reached USD 44 million, up 7% compared to the same period in 2025. After falling to the lowest level of the quarter at USD 9 million in February — reflecting the seasonal slowdown in orders after the festive period — exports recovered strongly to USD 18 million in March, the highest monthly value of the quarter. This development shows that import demand for pangasius in ASEAN remains relatively stable despite short-term fluctuations.

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 |  10:51 13/05/2026

(seafood.vasep.com.vn) On May 11, 2026, the US National Oceanic and Atmospheric Administration (NOAA) announced a positive comparability finding for Vietnam’s swimming crab fisheries, along with those of Indonesia and Sri Lanka, under the Marine Mammal Protection Act (MMPA). With this decision, seafood and seafood products harvested from Vietnam’s swimming crab fisheries will continue to be eligible for import into the US market.

Vietnamese tuna regains growth momentum in

 |  08:44 12/05/2026

(seafood.vasep.com.vn) After a slowdown in 2025, Vietnam’s tuna exports to Germany showed more positive signs in the first quarter of 2026. However, the recovery remains uncertain as consumer demand in Germany is still cautious, while market competition is increasingly driven by pricing and supply stability.

Israel increases imports of Vietnamese tuna: what opportunities for businesses in 2026?

 |  09:04 08/05/2026

(seafood.vasep.com.vn) After a sharp decline in 2025, Vietnam’s tuna exports to Israel are showing positive signs of recovery in the early months of 2026. According to Vietnam Customs data, export turnover to this market grew steadily month by month in Q1/2026, reaching nearly USD 10 million, up 33% compared to the same period in 2025. However, compared to Q1/2024, this level remains significantly lower, indicating that the recovery is still in its early stage following last year’s strong adjustment.

U.S. whitefish market in early 2026: slowing demand, rising competition, and new pressure on pangasius

 |  08:48 06/05/2026

(seafood.vasep.com.vn) Entering 2026, the U.S. whitefish market has shown complex developments as global cod supply continues to tighten, while the U.S. trade environment becomes less stable. In this context, the U.S. market has had to become more flexible in sourcing alternative whitefish. However, relying heavily on Alaska pollock is not a long-term solution, as it is a strictly managed fishery with quotas and sustainability regulations, limiting any rapid increase in output to offset cod shortages.

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