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) On July 9, 2026, the Embassy of Vietnam in Brazil organized the seminar titled “Sharing Information on Vietnam-Brazil Economic, Trade and Investment Relations in the First Half of 2026” to provide updates on bilateral cooperation and strengthen connections among government agencies, industry associations, and business communities of the two countries.
(seafood.vasep.com.vn) Seafood exports in the first 6 months of the year continued to be a bright spot with a total turnover of 5.7 billion USD, an increase of 11.4% compared to the same period last year. By commodity group, seafood is one of the three groups with a trade balance in the first 6 months of 2026 in a surplus state with 4.13 billion USD, an increase of 17%.
(seafood.vasep.com.vn) For many years, Vietnam’s seafood industry has been recognized as one of the country’s key export pillars. Products such as shrimp, pangasius, tuna, squid, octopus, and a wide range of other seafood have reached hundreds of markets worldwide. Yet behind these impressive export figures lies a significant challenge: a substantial share of Vietnam’s seafood export value still comes from minimally processed products, contract manufacturing, and raw material exports—segments characterized by low profit margins and high vulnerability to fluctuations in global prices.
(seafood.vasep.com.vn) In the context of a global economy shifting powerfully toward green and sustainable values, Vietfish 2026 is far more than just a commercial trade fair. It has become a strategic rendezvous and a "comprehensive ecosystem"—a convergence of value, knowledge, and sustainable growth opportunities for the entire industry chain.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to Colombia continued their strong upward momentum in May 2026. Export value to the market reached USD 4 million, up 24% compared to the same month in 2025. Cumulative exports in the first five months of 2026 totaled USD 24 million, an impressive 48% increase year-on-year.
(seafood.vasep.com.vn) Hai Phong's aquaculture sector is accelerating the adoption of high technologies in aquaculture to adapt to climate change, with red tilapia and tilapia identified as the key cultured species for priority development.
(vasep.com.vn) Vietnam’s seafood exports reached nearly US$1.1 billion in June 2026, up 21.0% year-on-year. Cumulative exports in the first half of 2026 totaled nearly US$5.8 billion, representing a 12.8% increase compared with the same period last year. Exports to China and Hong Kong continued to accelerate, while shipments to the United States rebounded strongly in June. In contrast, exports to the EU, Japan, and the Middle East remained sluggish or recorded slight declines.
(vasep.com.vn) Tilapia is playing an increasingly important role in Vietnam’s aquaculture sector, driven not only by growing market opportunities but also by its ability to meet increasingly stringent requirements on quality, food safety, and traceability. In practice, tilapia farming in Vietnam is not a spontaneous or loosely regulated activity; rather, it operates under a comprehensive legal and technical framework covering the entire value chain—from hatcheries and farming to processing and exports.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 1.9 billion in the first five months of 2026, up 12% compared with the same period last year. Amid continued volatility in the global seafood market, this result demonstrates that the shrimp sector has maintained positive growth momentum, supported by improving demand in several Asian markets, particularly China.
(seafood.vasep.com.vn) On June 16, the Department of Agriculture and Environment of Ca Mau Province announced that the locality has established a farming area code for nearly 30,400 hectares of mud crab aquaculture and granted export facility codes to five enterprises eligible to export mud crab officially to markets such as China, Cambodia, Singapore, and the United Arab Emirates (UAE).
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