In August 2021, exports of shrimp, pangasius, tuna, squid, octopus, crabs and other marine fish all decreased by 20-33% over the same period in 2020. However, thanks to high export results. in the first 7 months of the year, the cumulative increase in the first 8 months of the year still increased by 7%, reaching 5.6 billion USD. In which, shrimp exports reached nearly 2.45billion USD, up 6%, pangasius exports still kept growing by 8.8%, reaching 993 million USD. Tuna export in 8 months also increased by over 12% to 460 million USD. Meanwhile, exports of squid, octopus and other fish (except tuna and pangasius) increased slightly by 4-5%.
Currently, some provinces south of Hau river such as Soc Trang, Ca Mau, Bac Lieu, Kien Giang... have good disease control and flexibility, so the production situation will recover sooner. These are the key provinces for shrimp production and export, so shrimp products are expected to help limit the sharp decline in seafood exports in the last months of the year.
Pangasius production and processing is concentrated mainly in the northern provinces of the Hau River, still heavy because of 3 local production, more than half of the factories have to close, the pangasius export situation is difficult to improve in the month. next.
Similarly, Ho Chi Minh City and the Southeast provinces have many factories and enterprises processing and exporting marine products such as squid, octopus, tuna, and other marine fish. With the current Covid-19 outbreak, production and exports in these areas will continue to stagnate in September.
Therefore, it is forecasted that seafood exports in September will continue to decrease by at least 20% to about 660 million USD. With the scenario after September, most seafood processing workers are vaccinated, companies do not have to produce under strict distancing regulations, exports in the last 3 months of the year will recover slightly and can reach about 8.5-8.6 billion USD. In which, shrimp exports are forecast to reach about 3.9-4 billion USD, pangasius about 1.5 billion USD, export of marine products about 3.1 billion USD.
(seafood.vasep.com.vn) The purchase price of raw pangasius in the first 11 months of 2024 remained at 26,000-27,000 VND/kg. However, farmers faced challenges in earning profits due to rising costs of fish feed, fuel, and labor during the year.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX) recently announced its production and business results for November 2024, showing a 5% year-over-year increase in revenue but a 21% decline compared to the previous month.
(seafood.vasep.com.vn) Soc Trang province underscores the critical role of the fisheries sector in driving its socio-economic development. Located along Vietnam's coastline, the province features 72 km of shoreline, three major estuaries—Dinh An, Tran De, and My Thanh—and a dense river network encompassing diverse ecosystems, including saltwater, brackish, and freshwater. These natural resources provide ideal conditions for the growth of aquaculture, making the fisheries sector a cornerstone of Soc Trang’s economic strategy.
(seafood.vasep.com.vn) In 2024, the pangasius industry in Dong Thap is projected to achieve a production value of VND 8.802 billion, marking a 2.86% increase compared to 2023 and accounting for over 17% of the province's total agricultural, forestry, and fishery production value.
(seafood.vasep.com.vn) Vietnam's tuna exports to Japan have seen robust growth over the past two months. Data from Vietnam Customs shows that in October 2024 alone, tuna exports to Japan surged by 31% year-on-year, reaching nearly USD 3.5 million. This growth has offset the decline experienced in the first half of the year, raising the total export value for the first ten months of 2024 to nearly USD 28 million, a 5% increase compared to the same period last year.
A business forum was held by the Dutch Embassy in Vietnam in collaboration with the Ministry of Agriculture and Rural Development (MARD) in the Mekong Delta city of Can Tho on November 27, seeking ways for sustainable aquaculture in the region.
(seafood.vasep.com.vn) On November 18, Ms. Truong Ha Phuong Anh, Director of the Center for Investment Promotion and Business Support (iPEC), stated that during the Ca Mau Province Agricultural and Aquatic Products Trade Promotion Conference 2024, held on November 15, there were 209 direct trade interactions between 42 seafood processing and exporting enterprises, OCOP producers in the province, and five leading domestic retail companies: Central Retail, Saigon Co.op, Kingfood Mart, Bach Hoa Xanh, and Satra Supermarket.
In 2024, the Binh Dinh Agricultural Extension Center successfully implemented a semi-intensive and intensive two-stage whiteleg shrimp farming model using Semi-Biofloc technology.
(seafood.vasep.com.vn) Recently, the area dedicated to super-intensive, high-density whiteleg shrimp farming in Trà Vinh Province has been rapidly expanding due to its high productivity and economic efficiency.
(seafood.vasep.com.vn) In collaboration with provincial authorities, specialized agencies, and local coastal governments, seafood processing and export enterprises in Binh Dinh Province are actively working to address issues related to illegal, unreported, and unregulated (IUU) fishing. The shared goal is to have the European Union's "yellow card" removed this year.
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