In particular, sales of two main seafood items (shrimp and pangasius) were up 8% and 2.4%, respectively. Sales of cephalopod and tuna downed 6.2% and 5.5%, while exports of marine finfish surged 19.5% and other marine products also reported the year-on-year increase in export turnover.
Marine products (tuna, cephalopod, crab, other marine finfish..) accounted for more than 30% of the total seafood exports by Vietnam. In 2016, exports of these items are forecast to see the year-on-year growth thanks to stable raw material supply and higher demand from main markets. In which, tuna exports expected to reach US$507 million, up 12%; cephalopod with US$470 million, up 10%; crab, surimi and marine finfish up 13% to reach US$1.3 billion.
Up to now, supply of raw marine products for processing and exporting rises thanks to surge in capture production. According to Ministry of Agriculture and Rural Development (MARD), April is the time for South fishing season, the weather condition is favourable, the price of marine products are stable, fuel price is lower which facilitates offshore fishing activities. Besides, competent agencies help fishermen in investing for machines, applying advanced technology in catching and preserving fish on board. Accordingly, the quality and value of marine products increase.
Capture production in Jan-Apr 2016 estimated to reach 1,050 thousand MT, up 3% year on year. Marine catch estimated to touch 1,003 thousand MT, up 3.3% from April 2015.
Tuna are mostly available in Spratly Islands and Paracel Islands with sharp rise in output because now is main fishing season. Tuna ouptut of 3 main provinces in Jan-Apr 2016 guessed to reach 8,413 MT. In Binh Dinh province, tuna production was 4,400 MT, up 31% year on year; Khanh Hoa with 1,500 MT, up 28% year on year; Phu Yen with 2,513 MT, down 10% year on year.
Main fishing grounds where marine products are caught mainly locate in the South Central provinces (Binh Dinh, Khanh Hoa, Phu Yen, Binh Thuan..) and the Southern provinces (Kien Giang, Ca Mau..). A majority of marine products processors and exporters with main items of tuna, crab, surimi and other marine finfish concentrate in these provinces.
Therefore, mass fish deaths in 3 central provinces (Ha Tinh, Quang Binh, Quang Tri) are mainly affecting to domestic supply and the safety level in domestic market. Ha Tinh province is located by only one seafood exporter. The main products of the company are farmed shrimp, offshore fishing cephalopod and imported raw material source. Thus, exporting activities of the company are not affected.
Compiled by Kim Thu
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.
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
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