Singapore - The bright spot of Vietnam pangasius exports in 2023

News 08:35 19/04/2023 Thu Hằng
(seafood.vasep.com.vn) In the ASEAN market, Singapore is standing out thanks to the strong growth in imports of Vietnamese pangasius in the first 3 months of this year, despite the context of inflation and reduced imports in the world market. Singapore is considered as the bright spot of Vietnam pangasius exports in 2023

 

As of March 15, 2023, Vietnam pangasius exports nationwide reached nearly 330 million USD, down 35% compared to the same period in 2022. In which, Vietnam's pangasius exports to Singapore reached 7 million USD, up 40% over the same period last year (only 5 million USD). Singapore is in the top 11 single markets importing Vietnamese pangasius. The proportion of pangasius imports of the "Lion island" increased from 1% to 2% over the same period last year.

In the first half of March 2023, pangasius exports to Singapore reached nearly 2 million USD, an increase of 77% compared to the same period in 2023. Singapore is the second country after Thailand in ASEAN that imports the most pangasius from Vietnam. While Vietnam's pangasius exports to most of the ASEAN markets decreased, the increase in Singapore's imports is considered a compensation for this market. 

By March 15, 2023, frozen pangasius fillets exported to Singapore accounted for 11%, reaching more than 700 thousand USD, up 23% over the same period last year. Particularly in the first half of March 2023, the export of this product reached 265 thousand USD, up 360%. 

Although Singapore’s population is not much, this country has large seaports and convenient trade. Many countries choose Singapore's ports to transship goods.

Southeast Asia, especially Singapore, is considered a bright spot for growth and has benefited greatly from the reopening of China. GDP growth in the ASEAN region is forecast at 5.2% in 2023, significantly higher than many other economies amid a gloomy global economic outlook. 

Thanks to the lifting of travel restrictions, the outlook for Singapore's aviation and tourism sectors is relatively positive. This will spur a recovery in services that are still operating below pre-pandemic levels. A strong recovery in air travel and international arrivals is expected to benefit industries that drive consumers to food services. At the same time, this also opens up new opportunities for Vietnam's pangasius exports to Singapore because of the characteristics of delicious white fish with reasonable prices in the context of tight spending due to inflation. 

                                  Top 10 largest pangasius exporters to Singapore

  No

                                                           Enterprises

 1

Van Duc Tien Giang Food Processing and Exporting Co., Ltd

 2

An My Seafood Import Export JSC

3

Vinh Hoan JSC

4

Nam Viet JSC

5

QVD Dong Thap Food JSC

6

Truong Giang Seafood JSC

7

I.D.I Multinational Investment and Development JSC

8

Gia Nguyen Import-Export Co., Ltd

9

Dai Thanh Co., Ltd

10

Vietnam Fishes . Co., Ltd

Thu Hang  

Bạn đang đọc bài viết Singapore - The bright spot of Vietnam pangasius exports in 2023 tại chuyên mục News của Hiệp hội VASEP
vietnam pangasius exports in 2023

TIN MỚI CẬP NHẬT

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.

Seafood exporters break through after a period of slowdown

 |  09:04 26/11/2025

By the end of Q3/2025, Vietnam’s seafood industry recorded a clear recovery as a series of leading companies reported strong profits — some even achieving the highest results in their history. After several quarters struggling with high costs and weakened demand, the latest business results indicate a robust comeback across the industry.

Vietnam and the Netherlands cooperate to build a national brand for a sustainable seafood industry

 |  08:25 25/11/2025

(seafood.vasep.com.vn) On November 12 in Ho Chi Minh City, the Embassy of the Netherlands, in coordination with the Ministry of Agriculture and Environment, organized the Vietnam–Netherlands Business Forum under the theme “Shaping the future of sustainable aquaculture in the Mekong Delta.”

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