Currently, Vietnam exports fish cakes and surimi products to 39 markets around the world. In which, Korea, Thailand, China, Japan, Russia, Malaysia, Belarus and Taiwan are the 8 single markets that import the most fish cakes and surimi from Vietnam, accounting for 88% of the total export value.
Korea is currently the largest import market for fish cakes and surimi of Vietnam. After a decline in Vietnam's imports of fish cakes and surimi in 2020, South Korea's imports in 2021 tend to be unstable. The export value of Vietnam's fish cakes and surimi to the market in the first 5 months of 2021 is equivalent to the same period in 2020, reaching more than 34.3 million USD.
Similarly, Thailand also tends to increase imports of fish cakes and surimi from Vietnam in 2021. In the first five months of 2021, the country imported more than US$34.2 million worth of Vietnamese surimi, an increase of 83% compared to the same period of 2020. The share of this market in Vietnam's total exports of fish cakes and surimi increased from 16% to 22%.
Vietnam's exports of fish cakes and surimi to China are also maintaining their growth momentum, reaching $22 million in the first five months, up 14% over the same period in 2020.
Russia, Malaysia, Belarus and Taiwan are also increasing imports of fish cakes and surimi from Vietnam. Notably, exports to the Belarusian market grew strongly. In 2020, Belarus was only a small import market, but in 2021, with a "galloping" rate of 8,148% over the same period, this country is the 7th largest import market of Vietnamese surimi.
(seafood.vasep.com.vn) In 2023, total pangasius imports into the European Union saw a significant decline compared to the previous year. Approximately 70,000 tons were imported, 3,000 tons less than in 2022, according to a report from FAO-Globefish.
(seafood.vasep.com.vn) On December 11, Vinh Hoan Joint Stock Company (Vinh Hoan Corp) was once again honored in the "Top 50 Most Effective Businesses in Vietnam" ranking, compiled annually by the Investment Bridge Magazine. This marks the 11th consecutive year Vinh Hoan has been recognized in this prestigious list.
(seafood.vasep.com.vn) The purchase price of raw pangasius in the first 11 months of 2024 remained at 26,000-27,000 VND/kg. However, farmers faced challenges in earning profits due to rising costs of fish feed, fuel, and labor during the year.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX) recently announced its production and business results for November 2024, showing a 5% year-over-year increase in revenue but a 21% decline compared to the previous month.
(seafood.vasep.com.vn) Soc Trang province underscores the critical role of the fisheries sector in driving its socio-economic development. Located along Vietnam's coastline, the province features 72 km of shoreline, three major estuaries—Dinh An, Tran De, and My Thanh—and a dense river network encompassing diverse ecosystems, including saltwater, brackish, and freshwater. These natural resources provide ideal conditions for the growth of aquaculture, making the fisheries sector a cornerstone of Soc Trang’s economic strategy.
(seafood.vasep.com.vn) In 2024, the pangasius industry in Dong Thap is projected to achieve a production value of VND 8.802 billion, marking a 2.86% increase compared to 2023 and accounting for over 17% of the province's total agricultural, forestry, and fishery production value.
(seafood.vasep.com.vn) Vietnam's tuna exports to Japan have seen robust growth over the past two months. Data from Vietnam Customs shows that in October 2024 alone, tuna exports to Japan surged by 31% year-on-year, reaching nearly USD 3.5 million. This growth has offset the decline experienced in the first half of the year, raising the total export value for the first ten months of 2024 to nearly USD 28 million, a 5% increase compared to the same period last year.
A business forum was held by the Dutch Embassy in Vietnam in collaboration with the Ministry of Agriculture and Rural Development (MARD) in the Mekong Delta city of Can Tho on November 27, seeking ways for sustainable aquaculture in the region.
(seafood.vasep.com.vn) On November 18, Ms. Truong Ha Phuong Anh, Director of the Center for Investment Promotion and Business Support (iPEC), stated that during the Ca Mau Province Agricultural and Aquatic Products Trade Promotion Conference 2024, held on November 15, there were 209 direct trade interactions between 42 seafood processing and exporting enterprises, OCOP producers in the province, and five leading domestic retail companies: Central Retail, Saigon Co.op, Kingfood Mart, Bach Hoa Xanh, and Satra Supermarket.
In 2024, the Binh Dinh Agricultural Extension Center successfully implemented a semi-intensive and intensive two-stage whiteleg shrimp farming model using Semi-Biofloc technology.
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