Pangasius farming and processing for exporting in the Mekong Delta have faced some troubles which required competent authorities to have solutions on fish seed production managing and techniques transferring to enhance fish seed quality. Fish seed production plays an important role in improving exported pangasius quality and fish export value and minimize risks to fish farmers.
In the Mekong Delta, there are about 200 fry nursing facilities and 4,000 seed hatcheries in which more than 1,240 hatcheries are located in Dong Thap province.
The fish seed production in the Mekong Delta reached more or less 2 billion fries per year, meeting to fish farming demand in locality. However, instability in raw pangasius supply is affected negatively fish seed production.
Many fish seed producers do not obey regulations on quality and producing conditions. The quality of fish seed is low, causing losses in farming, even loss rates can exceed 30 percent of fish stocked.
According to scientists, to enhance the quality of fish seed and exported pangasius in the Mekong Delta, competent authorities need to implement solutions such as improving state management on fish seed production and trading, building provincial seed production centers, guiding techniques in seed producing for farmers, creating a link between seed producers and scientists to apply and transfer advanced techniques, balancing seed production and commercial fish farming to stabilize supply-demand.
D-Fish has cooperated with the Research Institute of Aquaculture No.2 (RIA2) to draft legal management regulations on fish seed and fish broodstock to enhance fish seed quality supplying for the market in the near future.
TOP 20 VIETNAM PANGASIUS EXPORTERS, JAN – MAR 2012 |
|||||
No. |
Companies |
Value (US$) |
No. |
Companies |
Value (US$) |
1 |
Vinh Hoan Corp |
35,541,111 |
11 |
An Phu Seafood JSC |
10,266,213 |
2 |
Hung Vuong Corp |
31,834,735 |
12 |
Cadovimex |
10,202,587 |
3 |
Anvifish Co |
22,906,063 |
13 |
CL-Fish Corp |
10,099,988 |
4 |
Agifish |
22,267,992 |
14 |
HTFood |
8,333,533 |
5 |
NTSF |
14,935,455 |
15 |
Godaco |
8,138,525 |
6 |
South Vina |
12,393,110 |
16 |
Biendong Seafood |
7,631,134 |
7 |
I.D.I Corp |
11,262,132 |
17 |
Caseamex |
7,311,988 |
8 |
Dai Thanh Co., Ltd |
11,079,025 |
18 |
Vinh Quang Fisheries Corp |
5,950,570 |
9 |
Hungca Co., Ltd |
10,945,971 |
19 |
Aquatex Bentre |
5,738,893 |
10 |
Navico |
10,414,553 |
20 |
An My Seafood JSC |
5,380,872 |
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The positive business momentum in the domestic seafood sector could last into the first half of 2025, according to experts.
(seafood.vasep.com.vn) In the first three quarters of 2024, brackish water shrimp production exceeded 1.1 million tons, with export revenue reaching $2.8 billion. The seafood industry has set a target of $4 billion for shrimp exports for the entire year.
While the price of 1 kg of shrimp hovers around 20 USD, the value of 1 kg of chitosan—extracted from shrimp—can soar to 500 USD. This highlights a significant challenge within the seafood processing industry.
(seafood.vasep.com.vn) By October, Vietnam's shrimp exports had generated nearly $3 billion, reflecting an increase of over 10% compared to the same period last year. Shrimp remains the leading commodity contributing to the export turnover of the entire seafood industry.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX VN - HoSE: FMC) concluded Q3/2024 with significant growth in revenue. Specifically, Sao Ta Food recorded revenue of VND 2,845 billion, a 58.6% increase year-on-year. The company's profit after tax reached VND 95 billion, up 6.2%.
VASEP's Seafood Export Report for the third quarter of 2024 provides a comprehensive overview of Vietnam's seafood export performance in the first nine months, with impressive results reaching $7.2 billion—an increase of 9% over the same period last year. In the third quarter alone, seafood exports grew by 15%, totaling $2.8 billion. This growth is attributed to a recovery in demand and prices in key markets such as the U.S. and China, as well as the competitive advantage of value-added products in markets like Japan and Australia.
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