(pangasius-vietnam.com) Unsustainable
Before 2008, pangasius farmers and processors had no cooperation but now the relation between them has changed. After the severe shortage of raw pangasius in 2008-2009, some farmers left the farming ponds uncultivated due to lack of fund, leading to reduce remarkably farming area and raw fish supply.
The processors seek to cooperate with farmers to ensure raw fish supply for producing. To farmers, low and unstable fish price make them hesitant to invest in farming. It is the reason why pangasius farmers link with processors in fish production chain. The link generates mutual benefits for two sides. The processors can ensure stable raw fish supply as well as fish quality while the farmers’ products are purchased with acceptable price.
Le Van Phuoc, a pangasius farmer in Tan Hau hamlet, Tan Thuan Tay commune, Cao Lanh city said, initially, fish farming was only based on experiences without techniques, so the quality of commercial fish was not high. After cooperating with Vinh Hoan Corp, the fish quality of his farms is improved thanks to the technical supports and disease control guides from the company. “If I do not receive Vinh Hoan Corp’s support, I can not build my farming ponds under GlobalGAP standards” he said.
Recently, there is a similar farming model in Dong Thap province. That is the processors supply fish farmers with input costs (seed, feed, veterinary drug, technical guides) and the farmers will raise fish for them and earn profit at a fixed rate.
Under this model, Hung Ca Co., Ltd in Thanh Binh district, set up a farming area of over 300 hectares. Based on the fish production per harvest, the company will pay fish farmers 25 percent of its profit.
This model can bring a doubled advantage in fish production chain. Fish farmers often lack of fund and market information. When they are supported input cost, techniques, standards of the processors, they won’t worry about the output for their products and profit. With their own farming area, processors can apply international standards in fish farming to create their products’ competitiveness in the domestic and foreign markets. Besides, the processors can build a transparent fish production chain to facilitate traceability for their products.
There is another link model applied by QVD Dong Thap Food Company in 2010. The company has gained achievements from this model. QVD Company invited potential and experienced pangasius farmers to set up a professional aquaculture company under the model of joint fund and profit. Its partners have 16 farming ponds with the area of over 30 hectares. Besides, they have necessary equipments and experiences in farming management. QVD Company has fund, market information and relationship with scientists and has ability to set up the farming area in compliance with strict standards such as GlobalGAP or BAP. Thanks to this link, two sides are targeting to expand the farming area of 100 hectares until the late 2011.
Deputy Director of Dong Thap Department of Industry and Trade, Nhi Van Khai said, the link between the fish farmers and processors is necessary to build a sustainable seafood producing and processing sector. There are many different models depending on the condition of each enterprise. Under this link, seafood processors in Dong Thap province can hold initiative 30 to 50 percent of raw fish for their processing plants. Fostering the link between farmers and processors is considered a foundation for seafood processing sector of Dong Thap province to develop strongly and in the sustainable trend.
(seafood.vasep.com.vn) In the first 10 months of 2025, Vietnam’s pangasius export value to China (including Mainland China and Hong Kong) reached $483 million, up 1% compared to the same period in 2024. October alone posted $73 million, a strong 19% increase year-on-year. The Chinese market currently accounts for nearly 27% of Vietnam’s total pangasius export value.
(seafood.vasep.com.vn) According to data from Vietnam Customs, the country’s lobster exports posted another strong month in October 2025, reaching $93 million - a 75% increase from the same month in 2024. This performance extends the sector’s impressive growth streak from earlier in the year, pushing cumulative exports for the first 10 months to $712 million, up an extraordinary 135% year-over-year. Within the product mix, green lobster remained the dominant driver, accounting for 98% of total export value, with $700 million recorded in the first 10 months - a 141% jump year-on-year. In contrast, exports of spiny lobster and other lobster varieties declined slightly by 22% and 1%, respectively, indicating that market demand is becoming increasingly concentrated on the most sought-after product line.
(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.
(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
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