The conference was attended by representatives from MARD, WWF, Oxfam Novib and VINAFIS’ International Collaborating Centre for Aquaculture and Fisheries Sustainability.
Currently, large-scale farms of commercial pangasius owned by fish processors, big farmers and farmers linked closely with processing plants represented a major part in pangasius production chain. To improve the quality and prestige of Vietnam fish products and enhance export to global markets, many companies and fish farmers actively get to know and comply with international quality standards such as GlobalGAP, BMP, SQF 1000CM…However, small holders have an important role in pangasius production, they provided 30 – 40% of raw fish for processing in 2011. This is also the group which meets many difficulties in applying aquaculture standards due to traditional and spontaneous farming activities following market’s demand.
The study is based on standards set by Pangasius Aquaculture Dialogue (PAD) and mainly focuses on three out of seven standards, including “legal framework”, “water pollution and waste management” and “social responsibility/user conflicts”.
MCD’s objective is to figure out the capacity to apply social and environmental standards of small-scale farms; then suggest measures to help farmers solve problems; and raise their awareness on Good Aquaculture Practices (GAP).
At the conference, representatives of Department of Agriculture and Rural Development of An Giang and Dong Thap provinces highlighted challenges that confront local small farmers: declining infrastructure and backward farming techniques; difficulties in upgrading to meet farming requirements due to small superficies; banks’ limited credits leading to serious lack of money to keep business; rising input costs and volatile prices; duplicative and inappropriate policies on control of feed, drugs and food safety; lack of farmers’ awareness on high quality farmed-pangasius.
MCD shows that small farms in An Giang and Dong Thap have low capacity of applying social and environmental standards. Therefore, to help them get out of difficulties, it is necessary to join efforts of all stakeholders in pangasius production chain, government’s favorable policies and changes of fish farmers themselves.
(seafood.vasep.com.vn) The US remains Vietnam’s largest single market for shrimp imports, accounting for 20% of Vietnam's total shrimp exports globally. As of October 15th, 2024, Vietnamese shrimp exports to the US reached nearly 600 million dollas, marking a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) According to Vietnam Customs, pangasius exports to Canada reached over 1 million USD in the first half of October 2024, a 33% decrease compared to the same period last year. However, by October 15, 2024, total pangasius exports to Canada had reached 32 million USD, reflecting a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) Cà Mau is accelerating its digital transformation, developing green industries, and promoting high-tech processing of agricultural and aquatic products, with a focus on sustainable economic growth and environmental protection.
(seafood.vasep.com.vn) The Dong Thap Pangasius Festival 2024, themed 'Dong Thap Pangasius: Green Journey - Green Value', will take place on November 16-17 in Hong Ngu City.
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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