By 2025, An Giang aims to develop high-tech, eco-friendly, climate-adaptive pangasius farming models. The province will expand production areas linked between farmers and businesses, ensuring profits for farmers. The main farming areas, covering 1,500-1,600 hectares, are in Châu Phú, Châu Thành, Chợ Mới, and Long Xuyên, with 70% meeting market certification standards and 90% receiving farming codes.
An Giang plans to establish at least one pangasius cooperative and two high-quality pangasius production chains by 2025. The province will also become a central hub for pangasius breeding in the Mekong Delta, focusing on expanding the Aquatic Breeding Center and creating breeding chains with companies like Việt Úc and Vĩnh Hoàn.
By 2030, An Giang targets 1,600 hectares of commercial pangasius farming, producing 500,000 tons, valued at over 10 trillion VND, with annual growth of 5-8%. The province will enhance export-linked production chains, ensuring 500,000 tons/year are connected. Goals include an additional cooperative and attracting at least two export processing companies, with 90% of farms certified by VietGAP, GlobalGAP, ASC, or BAP.
Nguyễn Thị Minh Thúy, Vice Chair of An Giang People's Committee, stated that from 2024-2025, the focus will be on building raw material areas and product linkages, using high-quality breeds and advanced techniques to reduce costs and losses. Training in pangasius breeding and safe farming practices will be provided to farmers in linked production chains.
According to the Vice Chairman of An Giang People's Committee, the province will focus on developing two sustainable pangasius production models within the value chain, incorporating mechanization to enhance productivity, quality, and reduce post-harvest losses. The province encourages organizations, especially processing enterprises, to lead in sustainable value chain production, from farming to processing and consumption.
An Giang currently has over 1,220 hectares of commercial pangasius farming, with around 399 farming facilities, producing an estimated 600,000 tons annually. About 1,072 hectares, or 87.6% of the farming area, are linked to consumption chains, with prominent companies like Vĩnh Hoàn, IDI - Sao Mai Group, and Hưng Phúc Thịnh leading these efforts.
Nguyễn Sĩ Lâm, Director of An Giang's Department of Agriculture and Rural Development, noted that over 313 hectares are certified by international standards such as ASC, BAP, Global GAP, and VietGAP, producing approximately 200,000 tons annually, covering 25.6% of the province's pangasius farming area. Key companies include Vĩnh Hoàn, Nam Việt, Sao Mai, and others, with over 253 hectares producing about 87,000 tons. Additionally, several breeding facilities like Vinh Hoan, Navico, and Nha Trang Seafood cover 60 hectares, producing around 4,300 fingerlings annually.
(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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