Production and export volume of Vietnamese pangasius, and average export price
Pangasius production in selected countries
Top exporting markets of Vietnam pangasius (VASEP 2018)
Salmon production
Sea bass and sea bream production
Questions:
The decrease in the market share of the pangasius in EU market and export price to EU: Why?
Quality of pangasius products? (seafood quality, hygiene, safety standards, traceability, environmentally friendly manufacturing, TBTs…). Brand strategy?
Is the reason the recent more competitive pressure on the pangasius in the EU market (more substitutes, competitors, unfavorable reputation, and mass media)?
Competitive capabilities of Vietnam pangasius firms?
Efficiency and productivity are the key success factors, reflecting competitive capabilities of a firm. What are the efficiency and productivity of Vietnam pangasius firms???
Objectives
To estimate technical efficiency (TE) of Vietnamese pangasius firms
To estimate total factors productivity (TFP) of Vietnamese pangasius firms
To compare TE and TFP among the pangasius firms
To compare TE and TFP between the Vietnammese pangasius firms and European salmon, seabass and seabream firms.
Method
Data
Results
Main conclusion
TECRS = 0.677 and TEVRS = 0.794 Vietnam pangasius firms could have reduced input by 32.3% (CRS condition) or 20.6% (VRS condition) while maintaining the same level of output.
SE = 0.855 Vietnam pangasius firms operated at far below level of optimal scale efficient level. It implies the firms could increase their efficiency by 14.5%.
More than half of Vietnam pangasius firms have efficiency scores lower than the industry average and these firms are wasting a lot of resources on their assets and liabilities, in which the greatest wasting resource is non-current liabilities.
The annual average increase in TE (8.1%/year) and technological improvement (5.5%/year) has resulted in TFP growth of 14.1%.
About 60% of the Vietnam pangasius firms have average productivity increase, the others get productivity down. The small and medium firms were experienced the largest TFP improvements.
The technical efficiency and scale efficiency of the Vietnamese pangasius firms appears lower than those of the Norwegian and UK salmon firms
The Vietnamese pangasius firms have wasted more input resources than the Norwegian and UK salmon firms.
But despite this the Vietnamese pangasius firms has been experiencing rapid productivity growth in comparison with their competitors in EU.
(seafood.vasep.com.vn) Nearly US$1.7 billion is the projected gap in 2029 between the baseline scenario and a scenario in which Vietnam’s seafood exports grow by 10% annually, according to calculations by VASEP to be presented at Vietnam Seafood Summit 2026. This gap raises a key question for the entire industry: Which markets, products and supply chain improvements will generate the additional growth?
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
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