By the end of April 2021, the total export value of pangasius reached US$489.4 million, up 8.9% over the same period in 2020. Besides the US and China, Brazil and Thailand are two emerging markets. recently with higher-than-expected growth.
In April alone, the export value of pangasius to Brazil increased by 687%, to Thailand by 47% over the same period last year. Accumulated in the first 4 months of 2021, the total value of pangasius exports to Brazil reached 22.3 million USD, Thailand reached 21.2 million USD, up 38.7% and 8.5% respectively over the same period last year. before.
Mr. Truong Dinh Hoe, General Secretary of VASEP, said that pangasius exports recovered because the main markets of the US, China and Europe increased their purchases. "The biggest increase was in exports to the US market thanks to the widely deployed Covid-19 vaccine, so importers increased their purchases to serve the reopening of food services. This is the main channel for fish consumption. In the first four months of this year, the total value of pangasius exports to this market reached US$102 million, up 36.7% over the same period last year," said Mr. Hoe.
Mr. Truong Tien Dung, General Director of Saigon Aquatic product Trading Joint Stock Company (APT), said that his company's export of pangasius and processed products in the first 4 months of the year increased by 10% compared to the same period last year. term 2020.
"This result is achieved thanks to the company actively discussing with customers to produce products suitable for the market instead of focusing on selling products with strong enterprises. Thanks to that, APT has had Orders of value-added products such as: dried fish, fish cakes, cakes with pangasius fillings... have brought better profits than exporting raw materials.These are products that are eaten immediately or put in the oven. Microwave before eating. Not only ordered in the Asian market, dried pangasius - basa - APT's new product is also ordered by European (Netherlands) customers," - Mr. Dung revealed.
Mr. Phan Hoang Duy, Deputy General Director of Can Tho Seafood Import-Export Company (CASEAMEX), also said that since the beginning of the year, the output of pangasius that his company exports to the US market has increased by 1.5 times. compared to the last months of 2020. Export prices also increased significantly because now the price of pangasius raw materials and transportation costs are both high.
According to Ong Hang Van, Deputy General Director of Truong Giang Seafood Joint Stock Company (Sa Dec City, Dong Thap province), in the context of the Covid-19 epidemic, many seafood enterprises have changed their trading methods with partners. Instead of selling at the CIF price for delivery to the port of import, the enterprise switched to signing a contract to sell the goods at the FOB price and deliver the goods at the port of Vietnam.
Mr. Truong Dinh Hoe forecasts that pangasius exports will still grow well in the near future thanks to the control of the epidemic by importing countries. The current problem is that raw materials for processing plants are at risk of shortage because the farming cycle lasts from 7-8 months and production cannot increase rapidly. However, the pangasius industry has more than 60% of raw materials actively raised by enterprises, so they have their contingency plan when the market recovers.
(seafood.vasep.com.vn) The first two months of 2025 recorded positive signals in Vietnam's seafood export activities, with total revenue reaching USD 1.423 billion, growing 18.2% compared to the same period in 2024. In February 2025, the export value hit USD 655.197 million, showing an impressive growth of 42.6%.
(seafood.vasep.com.vn) Kiên Giang Province, home to over 13,000 fishing vessels, is intensifying efforts to combat illegal, unreported, and unregulated (IUU) fishing. Faced with challenges from offshore fishing, many vessels have shifted to near-shore fishing using destructive methods, severely damaging marine ecosystems.
(seafood.vasep.com.vn) Vinh Hoan Corporation (HOSE: VHC) continues to solidify its position as the leader in Vietnam's pangasius export industry with impressive business results in 2024 and positive prospects for 2025. Factors supporting growth, such as recovering demand, improved selling prices, and favorable international trade policies, make Vinh Hoan one of the top stocks to watch in investment portfolios for 2025.
Amid global trade uncertainties, Việt Nam is prioritising compliance with international market requirements to maintain and expand its agricultural exports.
On February 26, 2025, VinFast and the Vietnam Association of Seafood Exporters and Producers (VASEP) signed a comprehensive cooperation agreement to strongly promote green transformation goals. The collaboration between the two parties will contribute to the realization of the country’s sustainable development goals and help elevate the Vietnamese brand on the international market.
(seafood.vasep.com.vn) In 2024, the total brackish water shrimp farming area in Ca Mau reached 278,600 hectares, with a shrimp output of 242,000 tons. This output achieved 99.59% of the set target and marked a 4.57% increase compared to the same period last year. The average shrimp yield attained 869 kilograms per hectare per year, representing a 38 kilograms per hectare per year increase compared to 2023. Shrimp export turnover reached USD 1.12 billion, positioning Ca Mau amongst the nation's leading localities in this sector.
(seafood.vasep.com.vn) In 2024, Ben Tre province expanded its high-technology application in aquaculture by an additional 523 hectares, surpassing the planned target of 500 hectares and achieving a fulfillment rate of 104.6%. To date, the province has converted 3,633 hectares to high-tech aquaculture out of the 4,000-hectare goal, representing 90.82% progress towards the 2021-2025 phase plan. This sector yields an average productivity of 60-70 tons per hectare, with a total output reaching 221,282 tons. The average profit margin ranges from VND 700 to 800 million per farming season, delivering substantial economic benefits to the local populace.
(seafood.vasep.com.vn) In 2025 In 2025, Vietnam's brackish water shrimp industry will continue to grow sustainably, enhancing value-added products with strong contributions from local authorities and the business community.
(seafood.vasep.com.vn) In January 2025, the country's total seafood output was estimated at 594,100 tons, a 0.7% increase compared to the same period last year. Specifically, fish production reached 443,400 tons, up 0.7%; shrimp output was 56,300 tons, up 3.1%; and other seafood products totaled 94,400 tons, down 0.9%.
(seafood.vasep.com.vn) The industrial pangasius production in Vinh Long province in 2024 reached 95,100 tons, a 4% decrease compared to 2023. Despite the decline in production, positive trends in the final months of the year offer hope for improving economic efficiency in the near future. Additionally, the increase in the area for industrial pangasius farming and the maintenance of overall aquaculture area demonstrate the province’s efforts to sustain its production activities.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
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