Singapore – ASEAN’s largest importer of Vietnam frozen pangasius fillets

News 08:38 20/09/2012 ĐNH
(vasep.com.vn) Over the five recent years, Vietnam has remained the leading supplier of pangasius to Singapore. Vietnam’s earnings from fish export to the market were 2 times higher than that of Indonesia – Singapore’s second largest supplier.

Regarding statistics from International Trade Center (ITC), Singapore imported US$84.6 million of frozen pangasius fillets in 2011, of which spending on Vietnamese fish was US$37.1 million.

So far this year, the country has ranked the first position among consuming markets of Vietnam pangasius in ASEAN. It imports averagely US$3 million of fish per month. Pangasius imported from Vietnam is more and more popular in Singapore’s restaurant and food service chains. Some major supermarkets like NTUC Fair Price and Cold Storage are also keeping pangasius products available on their food shelves to respond to consumers’ rising demand.

To the middle of August 2012, Vietnam pangasius industry earned US$22.1 million of fish sales to Singapore, slightly down 0.5 percent from the same time last year. Pangasius shipment generated US$3.6 million, up 34.4 percent in July; in contrast, June sales totaled only US$3.1 million, declining nearly 21 percent.

Pangasius trade with Singapore kept growth in the first half of 2011; but it has been showing signs of slow down from January to June 2012 and even reported two-digit drop in January, April and June 2012.

Imported products make up 95 percent in Singapore’s food consumption. The country is also purchasing food from suppliers such as China, Thailand, Malaysia, Indonesia and other countries. In which, food from ASEAN countries occupies high market shares in the island.

Thailand exporters got great business results in Singapore market because they always focus on good quality products and stimulating trademark promotion in order to keep their prices high.

In Singapore, Cold Storage is the first retailer which launched a range of MSC-labeled seafood products (including merluce fillets from South Africa) and other sustainable products listed in WWF seafood guide. The supermarket is finding more supplies of sustainable and good quality seafood products to develop sustainably and conserve marine fish stocks.

Singapore targets to boost fish production for domestic consumption from the current level of 7 percent to 15 percent in the next future. The country imported fish seeds from Taiwan or China to grow, as well as launched promotion campaign in purpose to help consumers distinguish between domestic and foreign fish. 

TIN MỚI CẬP NHẬT

30 years of Viet Nam - US seafood trade: From emerging market to strategic export pillar

 |  08:53 19/12/2025

(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.

VASEP calls on its member enterprises to strengthen efforts to combat IUU fishing and to work alongside the Government in lifting the EC yellow card

 |  09:43 17/12/2025

(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.

Vietnam’s tilapia makes its mark thanks to sustainability and nutritional value

 |  09:26 12/12/2025

(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.

Vietnam’s seafood exports in 2025 are heading towards the USD 11 billion mark

 |  08:50 10/12/2025

(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.

Vietnam’s tuna on the brink of 0% tariffs in the U.S: Breakthrough potential but significant challenges remain

 |  08:37 08/12/2025

(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.

Solutions to promote Ca Mau crab exports

 |  09:16 04/12/2025

(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.

Japanese market expands its demand for Vietnamese pangasius

 |  09:16 03/12/2025

(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.

Ca Mau expands RAS-IMTA shrimp farming model to 1,500 hectares

 |  09:16 01/12/2025

(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.

Sa Giang plans to double its charter capital, raising 465 billion VND to invest in Hoan Ngoc Food.

 |  15:21 27/11/2025

(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.

Vietnam’s tilapia industry accelerates: From short-term opportunities to long-term strategy

 |  09:19 27/11/2025

(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

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC