Pangasius stocks increased "to the ceiling"—a positive signal at the beginning of the year

News 09:04 05/03/2024 Kim Thu
(seafood.vasep.com.vn) On the afternoon of February 26, 2024, most stock trading codes of pangasius exporting enterprises increased to the ceiling (purple code, up 7% of frame rate), and at the end of the session, they adjusted to decrease slightly (+6.9–6.95%). The group of seafood stocks on the afternoon of February 26, 2024, became the focus of the market when a series of stocks increased at full amplitude, such as VHC, ANV, and ASM, and a series of other stocks also increased very well. This good news is considered a positive signal after Vietnam's pangasius export turnover to markets recorded record positive growth over the same period.

Fish sandwich with pangasius (https://youreverydayfish.com/)

In January 2024, pangasius recorded strongest export growth among seafood sectors, up 97% over the same period in 2023. In particular, pangasius exports to China alone increased four times. Pangasius sales in China soared during the recent Lunar New Year holiday, a positive sign for this market. Before Tet, the general spending of Chinese consumers increased sharply, causing many pangasius importers to stockpile goods to ensure supply.

Besides, a new move by China also helps pangasius exports, which tend to be better in both price and volume because export enterprises focus more on official transactions. From February 1, 2024, goods imported through Dong Hung Port on the Vietnamese border faced a tax rate of 2.36%, according to China's new policy. This move aims to eliminate the price advantage of black market pangasius compared to legally imported fish.

According to a Chinese industry publication, unofficial pangasius imports accounted for about 24% of total imports in 2023 and jumped to 37% in December. The Chinese seafood industry also has confidence that other ports in Guangxi province will also apply new pangasius tax rates, possibly after the Lunar New Year holiday held from February 10 to 17. These trade measures follow Chinese President Xi Jinping's recent visit to Vietnam.

Pangasius consumption in the US market is also showing positive signs because the average export price has bottomed out. In December 2023, the average price of pangasius exports to the US was about 2.42 USD. This is the lowest level seen in many years. In January 2024, the average price of pangasius exports to the US bottomed out and increased to 2.64 USD/kg.

The export price of Vietnamese pangasius to the EU also recovered and bottomed out in December 2023, reaching about 2.28 USD/kg and it continued to maintain this price until January 2024. The adjustment in price and export value of pangasius to the EU shows signs of both positive price and volume from this market.

Many pangasius businesses believe that the increase in pangasius stocks to the ceiling on the afternoon of February 26, 2024, is a positive signal in the first months of 2024. It is expected that, with optimistic numbers from export turnover, recovery, and growth in the average export price of Vietnamese pangasius to markets, this will bring positive results for the whole year 2024.

pangasius exports in 2024

TIN MỚI CẬP NHẬT

High technology drives transformation of Vietnam’s shrimp industry

 |  10:38 08/04/2026

(seafood.vasep.com.vn) Vietnam’s shrimp industry is entering a period of strong transformation with the emergence of various high-tech farming models, helping improve productivity and competitiveness. Over the past 5–10 years, farming practices have shifted from traditional methods to intensive and super-intensive systems, featuring lined ponds, environmental sensors, automated feeding, and data management.

An Giang targets stable shrimp production in 2026

 |  10:11 03/04/2026

(seafood.vasep.com.vn) With a focus on sustainable development, high-tech application, and climate change adaptation, An Giang Province aims to maintain its brackish water shrimp production in 2026 at a level equivalent to the previous year. Specifically, output is projected to reach over 155,510 tons, serving both domestic consumption and export processing, thereby sustaining the fisheries sector’s key role in the local economic structure.

Circular economy opens new pathway to enhance pangasius value

 |  10:11 31/03/2026

(seafood.vasep.com.vn) In the Mekong Delta, key pangasius farming provinces such as An Giang, Dong Thap, and Can Tho are accelerating the transition toward a circular economy model, contributing to higher product value and reduced environmental impact. Instead of focusing solely on farming and processing, the pangasius value chain is increasingly utilizing by-products and waste streams to generate added value.

Vietnam’s scallop exports surge amid global supply chain restructuring

 |  09:16 29/03/2026

(vasep.com.vn) Vietnam’s scallop exports are entering a phase of impressive growth, as the global market undergoes significant restructuring. In 2025, scallop export value reached nearly USD 66 million, up 49% from USD 44 million in 2024. This upward momentum has continued and accelerated into early 2026, with exports totaling USD 18.1 million in the first two months alone—an increase of 166% year-on-year. This represents an exceptionally high growth rate, reflecting the rapid expansion of a relatively new product segment within Vietnam’s mollusk export portfolio.

Vietnam determined to remove IUU “yellow card”, moving toward a sustainable fisheries sector

 |  09:46 27/03/2026

(seafood.vasep.com.vn) – On March 19, at the Government Headquarters, Prime Minister Pham Minh Chinh held a meeting with the European Commission (EC) inspection delegation on combating illegal, unreported and unregulated (IUU) fishing, led by Mr. Fernando Andresen Guimaraes, Head of Unit at the Directorate-General for Maritime Affairs and Fisheries (DG MARE).

Australia: a promising market for Vietnamese shrimp amid global trade volatility

 |  09:05 25/03/2026

(vasep.com.vn) Australia is emerging as one of the most stable and promising growth markets for Vietnamese shrimp. Amid global trade disruptions driven by geopolitical tensions—particularly conflicts in the Middle East—strengthening and expanding into stable markets like Australia has become increasingly important for Vietnam’s shrimp industry.

Squid and Octopus Exports Show Strong Start in Early 2026, but Pressures Persist

 |  11:23 23/03/2026

(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s squid and octopus exports reached over USD 111 million, up 23% compared to the same period in 2025. This result indicates a positive start for the sector, reflecting early signs of demand recovery in multiple markets from the beginning of the year.

Shrimp output reaches 132.6 thousand tons in the first two months of 2026

 |  09:13 21/03/2026

(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s fisheries sector maintained positive growth momentum, with shrimp output exceeding 132 thousand tons. This result contributed to a strong increase in seafood export turnover, despite ongoing volatility in the global economy.

Vietnam’s tilapia exports surge across multiple markets in February 2026

 |  09:09 19/03/2026

(seafood.vasep.com.vn) Vietnam’s tilapia exports maintained strong growth momentum in February 2026, with many markets recording sharp increases compared to the same period last year. In February alone, export value reached USD 8.4 million, up 148% year-on-year. Cumulatively, in the first two months of 2026, total tilapia export turnover hit USD 23 million, soaring 242% compared to the same period in 2025.

Sensory Evaluation in Compliance with US FDA Standards: VASEP Launches 3 International Training Courses for Vietnam’s Seafood Businesses

 |  08:50 17/03/2026

(seafood.vasep.com.vn) In global seafood trade, sensory evaluation is increasingly becoming one of the key “technical barriers” in many importing markets-especially the United States. Issues such as filth, and signs of decomposition/spoilage are often detected through sensory evaluation methods and remain common reasons for seafood import alerts, detentions, or shipment rejections.

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

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC