The prices of pangasius fingerlings and raw pangasius in ponds fell in March, following steady increases in the first two months of this year.
Due to increasing demand for the Lunar New Year, the ex-farm's pangasius price went up in January 2024. After the extended holiday season in February 2024, concerns about a supply shortfall led to an increase in the cost of fish and pangasius fingerlings at the farm.
Prices at the farm for pangasius of 800-1,200gr small size climbed by 4% in January 2024, while prices for sizes of 1,200g and larger increased by 7%.
In response to an increase in the cost of raw fish at the farm following the Lunar New Year vacation, which raised demand for fingerlings, the price of pangasius fingerlings continued to rise by 2% in February 2024. By the end of February 2024, there was still a shortage of pangasius fingerlings due to a high stocking loss rate.
In March 2024, there were positive signs in the exports of pangasius to various markets. Both export prices and export volumes increased slightly compared to the previous two months. However, the supply of raw pangasius is currently low, due to the prolonged low prices and the slow recovery of export turnover. Many farmers are hesitant to expand their pangasius farming area.
In addition, there are fewer fingerlings available due to illnesses and unfavorable weather. Depending on the amount of the crop, these factors have led the price of pangasius at the farm to drop by 5.5% - 9.3%.
In the Chinese market, pangasius size bigger than 1 kg, 1.2 kg, and more are frequently more in demand. The price of pangasius in these sizes fell to below 30,000 VND/kg in week 8 of 2024 (February 19–25, 2024), the lowest since early 2023.
The export price of pangasius, however, returned to its January 2024 level in March 2024 following a decline in the price of fingerlings. Pangasius of size 800g–1kg are frequently processed and sold to the US and EU as frozen fillets. Larger pangasius are typically preferred by US consumers among them; the export price is 28,695 VND/kg, the same as it was at the start of the year. In addition, compared to the same time last year, the price of pangasius weighing 800g to 1kg dropped by almost 2,000 VND/kg.
As Vietnam observed the Lunar New Year holiday in February 2024, the harvest yield of pangasius fell by 43% to 72,000 tons from January 2024. For pangasius harvesting, January is also a good month. The price of pangasius fingerlings fell to 37,780 VND/kg for the size of 30-pcs/kg in week 8 of 2024 (February 19–25, 2024), which was the highest price since 2023.
However, in March 2024, the price dropped by 27% to 27,585 VND/kg, which is the same as it was at the end of 2023. The primary cause is the decline in the selling price of raw fish, which has caused companies and farmers to have less demand for fingerlings. The majority of other input expenses have increased significantly since last year, and the farm's March 2024 price drop also resulted in lower profits.
According to data from General Department of Vietnam customs, in the first half of March 2024, Vietnam's pangasius exports reached a value of 74 million USD, down 18% compared to the same period. The accumulated pangasius exports value by March 15, 2024 slightly decreased by 0.05% to reach over 329 million USD.
Pangasius prices are expected to recover this year due to stronger demand from China, the EU and some other major markets. However, the costs related to input materials are always a big problem for fish farmers.
(vasep.com.vn) In the first seven months of 2026, Vietnam’s pangasius exports to the United States reached US$189 million, down 8% year-on-year. In July alone, export value reached US$22 million, down 28%. This trend indicates that U.S. demand for pangasius imports has remained relatively cautious this year, as importers tend to maintain moderate inventory levels and limit stockpiling.
(vasep.com.vn) After three days at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City, the Vietnam International Fisheries Exhibition – VIETFISH 2026 – has successfully concluded, leaving a strong impression in terms of scale, visitor numbers, the quality of business connections, and innovative activities. With more than 14,000 m² of exhibition space, 335 companies, 568 booths, participation from representatives of 17 countries and territories, and nearly 15,000 visitors, VIETFISH 2026 has once again affirmed its role as an important meeting point for Vietnam’s and the global seafood industry.
(seafood.vasep.com.vn) Held as part of Vietfish 2026 from August 19–21 at SECC in Ho Chi Minh City, a series of five specialized seminars provided the seafood business community with updates on markets, technology, standards, human resources and cooperation opportunities. With the participation of experts, international organizations, government agencies and businesses from Vietnam and abroad, the seminars created an additional platform for professional exchange alongside the exhibition’s product showcases and business networking activities.
(seafood.vasep.com.vn) On the morning of August 19, 2026, the Vietnam International Seafood Exhibition – VIETFISH 2026 officially opened at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. With 568 booths representing 335 companies, alongside the presence of senior government officials, local authorities, diplomatic missions and international partners, VIETFISH 2026 kicks off three days of business networking, technology exchange and market engagement under the overarching theme “Innovation and Sustainability.”
The Vietnam Association of Seafood Exporters and Producers (VASEP) officially announces that the Vietnam International Seafood Exhibition (Vietfish 2026) will take place from August 19–21, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City.
(seafood.vasep.com.vn) Vietnam’s seafood exports recorded strong growth in the first half of 2026, but the performance was increasingly uneven across products, markets and enterprises. VASEP’s newly released premium report provides the detailed data and analysis needed to understand what lies behind the headline figures and prepare for the more challenging months ahead.
(seafood.vasep.com.vn) Brazil remains one of the key markets for Vietnamese pangasius in South America. However, exports to the market showed signs of slowing in the first half of 2026, while frozen pangasius fillets continued to account for the overwhelming majority of exports.
(seafood.vasep.com.vn) Marking 27 years of supporting Vietnam’s seafood industry, the Vietnam International Seafood Exhibition (VIETFISH 2026) will officially return from August 19–21, 2026, at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City, on its largest scale ever. Under the core theme “Innovation – Sustainability,” the event promises to provide a comprehensive picture of the transformation of Vietnam’s seafood industry toward greater value addition and sustainable development.
(seafood.vasep.com.vn) With less than three weeks remaining, the Vietnam Fisheries International Exhibition – Vietfish 2026 will officially take place from August 19–21, 2026, at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Under the theme "Innovation – Sustainability," Vietfish 2026 will provide a comprehensive networking platform for seafood businesses, buyers, distributors, industry experts, government agencies, and domestic and international visitors.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition – Vietfish 2026, the technical seminar “Green and Sustainable Technology Solutions for the Aquaculture and Seafood Processing Value Chain” will take place from 09:30 to 11:45 on August 20, 2026, at Convention Room B, Level 2, SECC, Ho Chi Minh City. The seminar is jointly organized by VASEP, the Department of Fisheries and Fisheries Surveillance, and the Royal Norwegian Embassy in Vietnam, focusing on technological innovation and sustainable transformation across Vietnam’s seafood value chain.
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