In which, capture production estimated to hit 476,000 MT, up 3.7% year on year and aquaculture output was 351,000 MT, rising 2.3% year on year.
Now is the time for Northern fishing season and off-shore fishermen in many provinces reaped good catch with many species of high economic value like tuna, mackerel, marlin, pilot fish. Thus, capture production in Feb 2016 estimated to touch 242,000 MT, up 1.9% year on year in which marine catch estimated to gain 229,000 MT, up 2.5% year on year.
Aquaculture output in Feb 2016 reached 160,000 MT, an increase of 2.8% year on year, bringing the total aquaculture output in the first two months of the year hit 351 thousand MT, rising 2.3% compared with the same period a year ago.
Pangasius production is encountering difficulties due to decreasing price of raw pangasius. Accordingly, pangasius yield in the first two months of 2016 in the Mekong Delta was about 114,216 MT, a decrease of 17% over the same period of last year. Some provinces reported reduction in pangasius output such as Dong Thap with 27,713 MT (down 43%), Ben Tre with 14,460 MT (down 17%), and An Giang 32,785 MT (down 13%).
In terms of shrimp farming, most of the shrimp farming areas in the Mekong Delta are in the renovation. Shrimp prices increased slightly because shrimp processors boosted purchasing raw materials to meet orders from the importers.
Thanks to rise in fisheries production, seafood exports in Feb 2016 estimated to gain US$466 million. The figure in Jan-Feb 2016 hit US$938 million, up 11.9% over the same period of 2015.
Compiled by Dieu Thuy
SSI forecasts a 28% year-on-year increase in after-tax profit attributable to the parent company of Vinh Hoan Corporation (VHC), driven by a gradual improvement in average selling prices from USD 3.15/kg in 2024 to USD 3.30/kg (+5%) in 2025. An Giang Fisheries Import-Export Joint Stock Company (ANV)'s after-tax profit attributable to the parent company is projected to rebound by 104%.
In 2025, the Mekong Delta province of Bac Lieu aims to earn 1.2 billion USD from exporting shrimp, one of the key export products that accounts for over 95% of its total export value.
(seafood.vasep.com.vn) The Report on Vietnam Pangasius Sector 2015–2024, produced and released by the Vietnam Association of Seafood Exporters and Producers (VASEP) in January 2025, is expected to provide enterprises, importers, and government agencies with a comprehensive overview of key developments in Vietnam's pangasius production and export over the past decade. In addition to highlighting achievements, the report identifies existing challenges and analyzes future opportunities and threats for the pangasius industry.
(vasep.com.vn) Overcoming two years of fluctuation in both export markets and domestic production, Vietnam's pangasius industry has demonstrated resilience, adaptability, and a strong determination to seize opportunities and boost exports to various markets. As a result, in 2024, pangasius exports reached USD 2 billion, a 9% increase compared to 2023. This achievement is a source of pride for Vietnam's aquaculture and agriculture sectors.
(seafood.vasep.com) Speaking at a conference to implement the 2025 plan of the Ministry of Agriculture and Rural Development, Prime Minister Pham Minh Chinh urged the agricultural sector to strive for a total export turnover of agricultural, forestry, and fishery products reaching $70 billion by 2025.
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
In 2025, seafood exports are expected to continue to grow better and could reach 11 billion USD as in 2022. However, this is also the year the seafood industry will face challenges, including increased competition from other countries, trade wars and market barriers...
(seafood.vasep.com.vn) On the afternoon of December 25, at Toan Thinh Conference Center (Soc Trang City), the Soc Trang Fisheries Sub-department, under the Department of Agriculture and Rural Development of Soc Trang, held a conference to review the 2024 aquaculture activities and outline the brackish water shrimp farming plan for 2025. The event was attended by Ms. Quach Thi Thanh Binh, Deputy Director of the Department of Agriculture and Rural Development of Soc Trang.
The Mekong Delta province of Soc Trang aims to achieve export value of over 1.9 billion USD in 2025 by boosting production and processing of key products such as seafood, high-quality rice, fruits, and garments.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
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