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) The year 2025 marked a pivotal milestone for Vietnam’s seafood industry in its restructuring process toward sustainability, transparency, and higher value creation, amid continued uncertainties in the global economic and trade environment. Prolonged inflation in major economies, the rising trend of trade protectionism, and increasingly stringent requirements related to environmental standards, traceability, and social responsibility have posed significant challenges to seafood production and exports. Nevertheless, overcoming these pressures, Vietnam’s seafood sector has gradually demonstrated its adaptability, maintained growth momentum, and laid an important foundation for the next stage of development.
(seafood.vasep.com.vn) Amid the increasingly evident impacts of drought and saltwater intrusion, the shrimp-rice production model in Ca Mau province continues to prove itself as a viable direction, contributing to higher farmer incomes, improved soil conditions and the promotion of ecological and sustainable agricultural development.
(seafood.vasep.com.vn) The management of fishing vessels, monitoring of fishing activities, and handling of violations in the fisheries sector in Lam Dong province have continued to be implemented in a synchronized and stringent manner, contributing to raising awareness of legal compliance among fishermen and aiming to end illegal, unreported and unregulated (IUU) fishing.
(seafood.vasep.com.vn) Can Tho’s fishery industry sustained steady growth in 2025 with total aquatic and marine output reaching nearly 783,000 tons, fulfilling 100% of the annual target. Aquaculture, capture fisheries and fishing fleet management were further strengthened, aiming for sustainable development in the coming years.
(seafood.vasep.com.vn) In 2025, Vietnam’s pangasius export turnover reached nearly USD 2.2 billion, up 8% year-on-year. This result indicates that pangasius exports maintained their growth momentum despite significant volatility in the global market environment. In December 2025, pangasius export value reached USD 200 million, up 10% compared to December 2024. This solid performance in the final month of the year reflects increased import demand for consumption and inventory replenishment in key markets.
(seafood.vasep.com.vn) In 2025, Vietnam’s tuna exports to Spain experienced significant fluctuations. According to Vietnam Customs, during the first 11 months of 2025, export turnover for the first 11 months of the year edged up by 0.3% year-on-year, reaching nearly $15 million.
(seafood.vasep.com.vn) Deputy Prime Minister Bui Thanh Son has signed Decision No. 16/QD-TTg, dated January 5, 2026, approving the implementation plan for the Vietnam-Israel Free Trade Agreement (VIFTA). Under the plan, in the coming period, ministries, ministerial-level agencies, government-affiliated entities and People’s Committees of provinces and centrally-run cities must institutionalize and execute tasks focused on the dissemination of information regarding VIFTA and the Israeli market; legislative and institutional development, as well as enhancing competitiveness and human resource growth...
(seafood.vasep.com.vn) Beyond achieving double-digit growth, Vietnam’s fish cake and surimi exports are showing a notable year-end "inflection point": the EU his accelerating with nearly twofold growth, China & Hong Kong are rising sharply, while the largest market, South Korea, signaled a slowdown in November. According to Vietnam Customs data, export turnover of fish cake and surimi reached $327 million in the first 11 months of 2025, up 22% year-on-year; November 2025 alone accounted for $35 million, marking a 5% increase. This serves as a critical foundation for exporters to reassess market structures and competitive intensity while finalizing order strategies for 2026.
(seafood.vasep.com.vn) Ca Mau, widely regarded as the nation’s “shrimp capital”, continued its strong performance in 2025 as shrimp output reached nearly 600,000 tons, maintaining its position as Vietnam’s leading shrimp-producing locality.
(seafood.vasep.com.vn) On December 29, 2025, at the 2025 Pangasius Industry Review Conference held in Can Tho City, the Vietnam Pangasius Association announced that fingerling prices have surged to record levels due to acute supply shortages.
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