In the period 2014 - 2020, the average growth rate of aquatic production value of Tra Vinh has reached 8.61% per year; the rate of added value reaches over 0.8% per year; the proportion of aquaculture production value in the agriculture, forestry and fishery sector by the end of 2020 increases nearly 14% compared to 2014.
In 2020, the province's total seafood output reached 230,440 tons, an increase of 67,690 tons compared to 2013; production value of aquaculture land reached 360 million VND/ha, 1.74 times higher than that of 2013.
To achieve the above growth, the agricultural sector of Tra Vinh province has coordinated with localities to focus on directing the review and construction of 4 master plans for breeding and aquaculture production areas, correctly and appropriately identifying main farmed aquatic species, such as tiger shrimp, white leg shrimp, pangasius, snakehead fish, clam ... to adjust the structure of cultured species, develop concentrated farming areas, suitable to ecological and natural regions.
At the same time, the province directs to build a model of production of high quality black tiger shrimp seed; models of white shrimp with high density intensive farming and complete 5 technical processes for white leg shrimp rearing; producing bran clam on canvas ponds, nursing bran to seed clams, contributing to increase farming productivity 2 - 3 times higher than mass production, so the survival rate is over 80%, bringing high profits for farmers ...
In the period 2014 - 2020, in addition to promoting development of aquaculture, Tra Vinh province also focused on improving efficiency in fishing, especially offshore fishing. The whole province currently has 1,180 fishing vessels with a total capacity of 144,970 CV (with 261 vessels of 15 m or more in length), contributing to bringing the catch by the end of 2020 to 75,990 tons (an increase of 1,607 tons compared to 2013); maintain the linkage model, logistic services associated with production groups, teams at sea, consolidate 53 cooperative groups at sea (of which 35 offshore fishing groups).
(seafood.vasep.com.vn) The outlook for Vietnam’s seafood exports remains positive, with a strong focus on maintaining growth in key markets like China and the U.S., while diversifying into new regions. As global trade policies continue to evolve, adaptability and strategic planning will be key to navigating the challenges ahead.
(seafood.vasep.com.vn) Thanks to improved pangasius prices and higher production, Vĩnh Hoàn's after-tax profit in Q4 2024 reached VND 440 billion, a 4.8-fold increase compared to the same period last year.
(seafood.vasep.com.vn) According to data from Vietnam’s Customs, in Q4 2024, Vietnam’s pangasius exports to China & Hong Kong reached USD 163 million, a 17% increase compared to the same period in 2023, with consistent growth across all months. The total value of pangasius exports to China & Hong Kong for 2024 reached USD 581 million, a 1% increase over the previous year.
Vietnam’s seafood exports are projected to maintain strong growth this year, potentially reaching 11 billion USD.
(seafood.vasep.com.vn) In the final quarter of 2024, Vietnam’s surimi and fish cake exports showed consistent growth over the last three months. For the entire year 2024, exports of these products reached USD 298 million, down 2% compared to 2023. However, the final quarter saw more promising signs for the surimi and fish cake export sector, with some markets experiencing notable growth, such as Thailand, China, and Taiwan. Particularly, exports to Taiwan, which had seen continuous declines in the previous two quarters, surged by 301% in this quarter.
(seafood.vasep.com.vn) Another year of pride for Vietnam's pangasius exports has concluded, reaching over USD 2 billion and contributing 20% to Vietnam's total seafood export turnover.
Vietnam maintained its position as the fifth-largest seafood exporter to Singapore for 12 consecutive months, surpassing Japan for the first time in 2024, amid the intensifying competition in this market.
(seafood.vasep.com.vn) Despite facing numerous challenges in the second half of the year, Vietnam's canned tuna exports concluded 2024 with a 17% increase compared to 2023, reaching USD 299 million. To maintain this growth momentum in 2025, the canned tuna production and export sector requires coordinated efforts from all stakeholders.
SSI forecasts a 28% year-on-year increase in after-tax profit attributable to the parent company of Vinh Hoan Corporation (VHC), driven by a gradual improvement in average selling prices from USD 3.15/kg in 2024 to USD 3.30/kg (+5%) in 2025. An Giang Fisheries Import-Export Joint Stock Company (ANV)'s after-tax profit attributable to the parent company is projected to rebound by 104%.
In 2025, the Mekong Delta province of Bac Lieu aims to earn 1.2 billion USD from exporting shrimp, one of the key export products that accounts for over 95% of its total export value.
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