In the first half of 2020, the prolonged saline intrusion caused the production efficiency to decrease, but in the second half of 2020 the disease situation is under control, the recovery of import markets as well as the efforts of businesses and farmers, so pangasius output and export turnover have had positive changes.
In 2020, the production of seed pangasius in the Mekong Delta regions was stable. The whole Mekong Delta region has about 120 pangasius seed producers (which keep pangasius bloodstock), nearly 4,000 ha are hatching pangasius; produced about 2 billion pangasius breeds (equivalent to 2019); and replaced 60,000 breeding bloodstock, so the quality of pangasius seed has been gradually improved.
In 2020, the price of raw pangasius in the Mekong Delta fell to a low level because Covid-19 affected export activities. From 26,500 VND/kg (the highest level in 2019 in March 2019, the price of raw fish has dropped to 18,500 - 18,800 VND/kg (in June 2020) and continued to fall to 18,000 VND / kg. (in July 2020).
By October 2020, the market recovered, exports to some markets were more positive, the price of raw pangasius began to increase to 19,500 VND/kg and to 21,000 - 21,500 VND/kg (in December 2020). This level is equivalent to the same period in 2019 and has been stable so far.
The FOB export price of frozen pangasius pangasius in 2020 were lower than those in 2019. From March to August 2020, the average export price was approximately 2 USD/kg compared to the level of 2.38 - 2.75 USD/kg in the same period of previous year. However, in October 2020, the export price increased to 2.35 USD/kg, higher than the same period in 2019.
In 2021, if Covid-19 is well controlled in the world and the demand on the market recovers, then Vietnam's pangasius farming output will reach about 1.65 million tons, an increase of 8% compared to 2020.
(seafood.vasep.com.vn) On the evening of December 24, 2024, in Hanoi, the Central Youth Union, Viet nam Youth Federation and the Vietnam Young Entrepreneurs Association held the Vietnam Golden Star Award Ceremony 2024, with the theme "Reaching Vietnam", honoring 200 outstanding enterprises. Deputy Prime Minister Nguyen Hoa Binh attended.
(seafood.vasep.com.vn) In the first ten months of 2024, 448 Vietnamese companies were involved in exporting pangasius to international markets. Vinh Hoan remains the top exporter, holding a 14% share of Vietnam's total pangasius export value.
(seafood.vasep.com.vn) Vietnam's seafood sector is making impressive strides as it nears the end of the year. Aquaculture has maintained steady growth, while fishing activities have recovered thanks to favorable weather conditions.
(seafood.vasep.com.vn) To ensure sustainable shrimp farming and environmental protection, Soc Trang Province emphasizes raising awareness and improving the capacity of shrimp farmers through various forms of communication and by developing and replicating effective models.
(seafood.vasep.com.vn) To achieve the goal of making the province a national hub for high-quality shrimp post-larvae production and producing 50 billion shrimp post-larvae by 2025, Ninh Thuan has focused on implementing a comprehensive set of measures.
(seafood.vasep.com.vn) The seafood processing company Kyokuyo has just opened a seafood processing plant in Vietnam to reduce its reliance on China. In Japan, Kyokuyo ranks as the third-largest seafood producer, following Maruha Nichiro and Nissui.
(seafood.vasep.com.vn) Vietnam's total fishery production in the first 10 months of 2024 is estimated at 7,889.8 thousand tons, a 2.5% increase compared to the same period last year. Aquaculture contributed approximately 4,612.5 thousand tons, while capture fisheries accounted for 3,277.3 thousand tons.
(seafood.vasep.com.vn) Ms. To Thi Tuong Lan, Deputy Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP), forecasts that pangasius export turnover could reach the target of USD2 billion in 2024. However, the industry will still face numerous challenges in the coming year.
(seafood.vasep.com.vn) Vinh Hoan Corporation has recently announced its business results for October, reporting over VND 1,200 billion in revenue, a 60% increase compared to the same period last year.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam's tuna exports in October reached nearly $93 million, marking a 22% increase compared to the same period in 2023. In the first ten months of 2024, the total export value exceeded $821 million, up 18% compared to the same period last year.
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