According to Mr. Nguyen Hoang Nha, Deputy General Director of UT XI Aquatic Products Processing Corporation, in order to meet the demand of ASC certified shrimp in the market, the agency and Toan Thang cooperative have cooperated to set up the sustainable shrimp farming, processing and exporting chain. As consumers not only require high quality products, packaging and eye-catching designs but also products with clear traceability, clean products and having environmental and social impacts.
In fact, BAP certification (in the U.S) and ASC (in the European market) are the two certificates that consumers worldwide recognized; especially ASC certification. Therefore, if linking the ASC shrimp production chain signed between the agency and the cooperative is successful, it will helps farmers to consume more shrimp after harvesting.
In addition to signing the contract, the agency is committed to supporting the full cost of certification under the ASC standard for all cooperative members and purchasing shrimp at higher prices of VND2,500 per kg as well as cash assistance for the cooperative with VND 100 million per year to maintain the certification.
"The signing between UT XI Aquatic Products Processing Corporation and Toan Thang Cooperative is a big turning point in the chain of producing quality shrimp for exports to challenging markets, and it will help shrimp farmers increase profits on the same farming area. In this way, we suggest that members of the two parties sign the contract to fulfill the contractual commitments so that the cooperation can be sustainable", said Deputy Director of the Fisheries Sub-Department, Ms. Quach Thi Thanh Binh.
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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