This unexpected decline is the consequence of the fact that in 2020, exporting to this market faced many obstacles for example the COVID-19 epidemic. Right from the beginning of 2020, the late return of Chinese seafood processing factories and the disruption of trade due to the coronavirus made the export value of pangasius to this market suddenly decrease. Since the end of the second quarter and the beginning of the third quarter, activities to this market became more bustling, preparing for the National Day of China. In October 2020, the export price of frozen pangasius to China - Hong Kong suddenly increased to 2.52 USD/kg, which was higher than the same period last year and much higher than the other months of the year, ranging from 1.55 - 1.65 USD/kg. This price was lower than the previous quarter. But then, the policy of disease control across the border and at ports and border gates for all imported food products made not only Vietnamese pangasius but also many other imported seafood products of other countries stagnant.
Vietnamese pangasius exporters mainly export the following pangasius products to China - Hong Kong: Frozen fillet pangasius, frozen pangasius stomach, fried/dried fish bladder, frozen butterfly-cut whole pangasius, frozen pangasius belly, cut/sliced skin on pangasius fillets, frozen portion cut pangasius fillets, frozen seasoned pangasius fillets, frozen whole pangasius H&G ...
In 2020, there were nearly 145 enterprises exporting pangasius to the Chinese market, 40 enterprises exporting to Hong Kong market, of which, the 3 enterprises with the largest export value to the Chinese market during this period were: IDI Corp; VINH HOAN Corp and TG FISHERY. The three largest pangasius exporters to Hong Kong market were IDI Corp, VINH HOAN Corp and VDTG FOOD.
|
Top 15 largest pangasius exporters to China in 2020 |
|
|
No |
Exporter |
|
1 |
I.D.I Corporation |
|
2 |
Vinh Hoan Corporation |
|
3 |
TG Fishery |
|
4 |
GODACO Seafood |
|
5 |
Cadovimex Seafood Im-Ex and Processing Joint Stock Company |
|
6 |
Cat Tuong Seafood Processing Co., Ltd |
|
7 |
Hungca Co., Ltd |
|
8 |
NAVICO |
|
9 |
NTSF Seafoods Joint Stock Company |
|
10 |
Van Duc Tien Giang Food Export Company |
|
11 |
Hoang Long Seafood |
|
12 |
Vinh Tien Seafood One Member Co,, Ltd |
|
13 |
Co May Im-Ex Co,, Ltd |
|
14 |
Cuu Long Fish Joint Stock Company |
|
15 |
Phuc Tam Loi Fisheries Im-Ex Co., Ltd |
(seafood.vasep.com.vn) On the afternoon of March 19, Vice Chairman of the Ca Mau Provincial People’s Committee, Le Van Su, chaired a meeting to address bottlenecks and propose solutions to expand the super-intensive whiteleg shrimp farming model using low water exchange and high biosecurity standards (RAS-IMTA).
(seafood.vasep.com.vn) On March 10, 2026, the Ho Chi Minh City People’s Committee issued Decision No. 1377/QD-UBND approving the Aquatic Animal Disease Prevention and Control Plan for the 2026–2030 period. The decision takes effect from the date of signing and replaces previous plans for the 2021–2030 period that had been issued prior to the administrative merger in Ba Ria – Vung Tau, Binh Duong, and Ho Chi Minh City.
(vasep.com.vn) In 2025, Chile imported more than USD 156 million worth of tuna, up 8.1% compared to the previous year and the highest level in the past five years. As the supply structure in this market is rapidly shifting, Vietnamese tuna is facing both opportunities to expand market share and increasing competitive pressure from Thailand, Colombia, and China.
(seafood.vasep.com.vn) Vinh Long Province is stepping up efforts to develop brackish water shrimp farming in a sustainable direction, identifying it as a key sector in its agricultural structure. In 2026, the province aims to reach around 71,300 hectares of shrimp farming, with an output of over 314,000 tons.
(seafood.vasep.com.vn) Ha Tinh Province is strengthening control over shrimp seed quality to minimize risks for the 2026 spring–summer farming season.
(seafood.vasep.com.vn) In February 2026, Vietnam’s pangasius exports reached USD 119 million, down slightly 5% year-on-year. However, thanks to strong performance in January, cumulative exports in the first two months of the year still reached USD 331 million, up 28% compared to the same period in 2025. Export activity slowed somewhat in February due to seasonal factors, particularly the Lunar New Year holiday, which disrupted production and shipments at many seafood processing enterprises.
(seafood.vasep.com.vn) Da Nang is accelerating the development of high-tech shrimp farming toward intensive production, disease control, and improved efficiency. Many shrimp farms have invested in automated environmental monitoring systems, continuously tracking indicators such as pH, dissolved oxygen, temperature, and salinity, enabling farmers to promptly adjust pond conditions and reduce disease risks.
(seafood.vasep.com.vn) The year 2025 is considered a turning point for Vietnam’s shrimp seed industry as the sector faces the need for strong transformation in technology, production management, and gradual self-sufficiency in broodstock supply. These factors are seen as key to improving seed quality and strengthening the competitiveness of the shrimp industry amid increasingly demanding market requirements.
(seafood.vasep.com.vn) In February 2026, Vietnam’s shrimp exports reached nearly USD 310 million, up 17% year-on-year. Cumulatively for the first two months of the year, shrimp export value totaled USD 690 million, an increase of 20% compared with the same period last year. Compared with the 22% growth recorded in January, the pace of increase in February slowed somewhat, reflecting seasonal factors as the Lunar New Year holiday partially disrupted processing and shipment activities. Nevertheless, the nearly 20% growth in the first two months indicates that shrimp orders from Vietnam are maintaining a more positive trend than in the same period last year.
(seafood.vasep.com.vn) According to the latest statistics for January 2026, Vietnam’s pangasius export value to major market blocs recorded encouraging growth compared with the same period last year, indicating that consumption demand is gradually recovering.
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
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn