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.
(vasep.com.vn) On November 11, 2026, in Can Tho, the Vietnam Association of Seafood Exporters and Producers (VASEP) will organize the Vietnam Seafood Summit 2026 (VSS 2026) under the theme “Seafood Market Outlook 2027–2029: Opportunities and Headroom for Double-Digit Export Growth.”
(seafood.vasep.com.vn) Business leader Do Ngoc Tai, General Director of Tai Kim Anh Seafood Processing Joint Stock Company, was honored by the Vietnam Chamber of Commerce and Industry (VCCI) with the title “Outstanding Vietnamese Entrepreneur – Thanh Giong Cup 2026” at a ceremony celebrating Vietnam Entrepreneurs’ Day (October 13). The event took place on the evening of October 11, 2026, at the National Convention Center in Hanoi.
(vasep.com.vn) The global tilapia market is becoming increasingly segmented, not only among producing countries but also by product type and destination market. Supply is divided into groups with distinct competitive advantages: large volumes of whole fish and frozen fillets from Asia, high-value fresh fillets from Latin America, and substantial domestic consumption in several major producing countries.
(vasep.com.vn) Vietnam’s tuna exports to the UK grew in the first eight months of 2026, despite signs of slowing import demand in the market. However, sharp fluctuations in orders, competition from major suppliers, and new traceability requirements are creating challenges for Vietnamese exporters.
(seafood.vasep.com.vn) Vietnam is stepping up efforts to combat illegal fishing, protect marine ecosystems, expand digital monitoring, and develop science-based management to ensure the sea can support communities and the economy for generations to come.
(seafood.vasep.com.vn) The EU remains a critical market for Vietnamese shrimp; however, purchasing demand and import patterns are undergoing notable changes. According to Vietnam Customs data, as of September 15, 2026, Vietnam’s shrimp exports to the EU reached nearly $374 million, down 5% year-over-year and accounting for 10.7% of the country’s total shrimp export value. Meanwhile, the EU’s stotal shrimp imports through July 2026 contracted by 7% in volume, exhibiting divergent trends across Southern Europe, Northwestern Europe and Eastern Europe. These dynamics necessitate that Vietnamese enterprises closely monitor individualized market demand, rather than approaching the EU as a monolithic consumer block.
(seafood.vasep.com.vn) In the first eight months of 2026, Vietnam’s exports of surimi and fish cakes remained relatively stable year-over-year compared to 2025. Following a contraction in the initial months, export performance demonstrated improvement from June onward, peaking in August. However, the recovery has been uneven, characterized by divergent trends across major markets: robust growth was recorded in China, Japan, Malaysia, the United States, and Taiwan, whereas export volumes to South Korea, Indonesia, and select European markets contracted.
(seafood.vasep.com.vn) Pangasius remains one of Dong Thap’s key aquaculture species, with the province focusing on developing an integrated value chain covering seed production, commercial farming, deep processing and by-product utilization. The province is promoting high-tech, circular pangasius farming models featuring reduced water exchange and enhanced biosecurity, aiming to improve production efficiency and strengthen control over raw material quality.
(vasep.com.vn) Vietnam’s seafood exports in September 2026 are estimated at US$1.135 billion, up 11.9% year-on-year, bringing total exports in the first nine months of the year to US$9.103 billion, up 11.4%. Behind this double-digit growth, however, increasingly divergent market trends are emerging: China–Hong Kong and ASEAN posted strong growth, while the U.S., EU and Japan all recorded declines in September.
(vasep.com.vn) In the first eight months of 2026, Brazil became the largest market for Vietnamese tilapia, with export value reaching US$44 million, up 22,142% year-on-year and accounting for 49% of Vietnam’s total tilapia exports. In August alone, exports to Brazil reached US$4 million. However, behind this remarkable growth is a market that is imposing increasingly stringent requirements on imported supplies.
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