In Q.III/2012, pangasius production is estimated to ensure only 70 percent of raw material for processing because farmers left their fish ponds or lately stocked fish in the first two quarters of the year.
In late Q.II/2012 and early Q.III/2012, price of raw fish slumped by VND2,000 – 3,000 per kilogram, but fish companies lacked money to purchase fish. It will go up since August and reach to VND24,000 – 25,000 per kilogram in late Q.III/2012 along with some positive changes in supply – demand in both importing markets and domestic market.
Pangasius crisis from January – June 2012 makes many sources in the industry worry about a future scarcity of fish supply in the last months of 2012 and in early 2013. Short supply of commercial fish is because of drop in fish fingerlings production and farming superficies. Moreover, many fish processors and farmers lack money to pay back bank credits, so they can not invest comprehensively and urgently in fish farming.
Rebound of pangasius export in late Q.III/2012
Pangasius has now built up their image and trademark in many different fish-consuming countries. Over the past years, fast-growing trade and rising consumption demand in the world market made Vietnam fish suffer unfair competition and smear in some markets. In contrast, pangasius is still a popular fish with good quality and reasonable price, which is welcome by consumers particularly in economic crisis time.
Vietnam pangasius imports into the EU keep falling by 16 – 20 percent in July – August 2012 and got recovery in September. The EU still remains the most important market and contributes 25 – 27 percent to Vitenam total pangasius export value. Other potential markets (Russia, Brazil, Colombia with proportion of 8.5 – 9 percent) is limiting imports since Q.II/2012. The decline will fall by 40 – 50 percent in Q.III/2012.
Furthermore, price of exported pangasius is not able to rise in Q.III/2012, but stay at the level of Q.II/2012 because almost other white fish or tilapia with huge supply in the global market report declining price. So Vietnam pangasius can not stay out the trend.
However, in late Q.II/2012 and in Q.III/2012, pangasius will saw strong growth in most importing countries, including the U.S. large market (+27 – 30 percent), ASEAN (+30 – 40 percent), China (40 – 60 percent)…As usual in the third quarter, foreign fish importers accelerate buying fish to satisfy consumption demand in the year’s end holidays; therefore, earning from export is predicted to reach its peak in this period.
With shortage of raw material, lack of capital for fish processing for export, and uncertain global market, price of pangasius will keep soaring from Q.II/2012 and from the same period of 2011. Export revenue reachs US$480 million, up 12 percent from US$428.3 million in Q.II/2012, representing 26.3 percent of total seafood export estimated in Q.III/2012.
(According to Report on Vietnam seafood export in Q.II/2012 – VASEP)
(seafood.vasep.com.vn) The year 2025 marks the 30th anniversary of the normalization of diplomatic relations between Vietnam and the United States (1995–2025). In parallel with the nation's progress in international economic integration, bilateral seafood trade has followed a remarkably impressive growth trajectory, expanding from an initial scale of just tens of millions of US dollars to nearly $2 billion annually. This growth has positioned the United States as Vietnam’s largest seafood export market for many consecutive years.
(seafood.vasep.com.vn) On December 12, 2025, the Vietnam Association of Seafood Processing and Export (VASEP) issued document 231/CV-VASEP regarding strengthening measures to combat IUU fishing and working with the Government to lift the EC's IUU yellow card warning.
(seafood.vasep.com.vn) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn