In the first quarter of 2020, the export of Vietnamese pangasius to ASEAN decreased slightly, then from the second quarter, the export value to this market contracted even more strongly due to the COVID-19 pandemic.
At the beginning of this year, Thailand was the largest pangasius exporter in the block, accounting for 41% of the total export value to the whole block. In the second quarter of 2020, the export value to Thailand dropped sharply, the country only accounted for 13 % of the total value of pangasius exports to ASEAN. Singapore rose to become the largest pangasius importer of the region in the three months of the second quarter, accounting for 44.8% of the total value of Vietnamese pangasius exports to ASEAN in this quarter.
In Q2/2020, while most of export value to ASEAN and EU markets decreased, export value to Singapore elevated by 38.5% to nearly US$13 million. As of mid-July 2020, the total value of pangasius exports to the Singapore market reached nearly US$21 million, up 3.3% over the same period in 2019.
There were nearly 50 pangasius enterprises exporting to ASEAN in the second quarter of 2020, of which nearly 40 companies export pangasius to Singapore. Huong Phuc Thinh, IDI CORP, and TG CORP were the three companies with the largest value of pangasius export to Singapore during this period.
During this time, Vietnam exported outstanding pangasius products such as frozen pangasius fillets, dried pangasius bubbles; frozen cube pangasius fillet; frozen cut pangasius fillet, tempura pangasius fillet… to Singapore market.
(seafood.vasep.com.vn) On the evening of December 24, 2024, in Hanoi, the Central Youth Union, Viet nam Youth Federation and the Vietnam Young Entrepreneurs Association held the Vietnam Golden Star Award Ceremony 2024, with the theme "Reaching Vietnam", honoring 200 outstanding enterprises. Deputy Prime Minister Nguyen Hoa Binh attended.
(seafood.vasep.com.vn) In the first ten months of 2024, 448 Vietnamese companies were involved in exporting pangasius to international markets. Vinh Hoan remains the top exporter, holding a 14% share of Vietnam's total pangasius export value.
(seafood.vasep.com.vn) Vietnam's seafood sector is making impressive strides as it nears the end of the year. Aquaculture has maintained steady growth, while fishing activities have recovered thanks to favorable weather conditions.
(seafood.vasep.com.vn) To ensure sustainable shrimp farming and environmental protection, Soc Trang Province emphasizes raising awareness and improving the capacity of shrimp farmers through various forms of communication and by developing and replicating effective models.
(seafood.vasep.com.vn) To achieve the goal of making the province a national hub for high-quality shrimp post-larvae production and producing 50 billion shrimp post-larvae by 2025, Ninh Thuan has focused on implementing a comprehensive set of measures.
(seafood.vasep.com.vn) The seafood processing company Kyokuyo has just opened a seafood processing plant in Vietnam to reduce its reliance on China. In Japan, Kyokuyo ranks as the third-largest seafood producer, following Maruha Nichiro and Nissui.
(seafood.vasep.com.vn) Vietnam's total fishery production in the first 10 months of 2024 is estimated at 7,889.8 thousand tons, a 2.5% increase compared to the same period last year. Aquaculture contributed approximately 4,612.5 thousand tons, while capture fisheries accounted for 3,277.3 thousand tons.
(seafood.vasep.com.vn) Ms. To Thi Tuong Lan, Deputy Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP), forecasts that pangasius export turnover could reach the target of USD2 billion in 2024. However, the industry will still face numerous challenges in the coming year.
(seafood.vasep.com.vn) Vinh Hoan Corporation has recently announced its business results for October, reporting over VND 1,200 billion in revenue, a 60% increase compared to the same period last year.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam's tuna exports in October reached nearly $93 million, marking a 22% increase compared to the same period in 2023. In the first ten months of 2024, the total export value exceeded $821 million, up 18% compared to the same period last year.
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
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