As of March 15th 2012, Vietnam seafood exports to Europe reached US$200.6 million, a decrease of 8 percent compared to the same period last year. Europe is considered one of Vietnam’s key seafood importing markets, accounting for nearly 20 percent of the total seafood exports. At this time, Vietnam shrimp and pangasius export value and volume to the market saw a decrease while tuna, cephalopod and bivalve mollusk were strongly consumed in EU.
HAI NAM Co.,Ltd.-one of major Vietnam exporters of dried seafood and marine finfish-joins in ESE this year with many frozen finfish and dried fish products. The company expects to meet old customers and look for new partners. EU makes up 70 percent of its seafood export proportion. This is hereby a chance for the company to boost its business relationship with European partners, the company said.
According to Vietnam tuna exporters, despite fiscal challenges in European countries, they remained receiving tuna orders from EU due to high demand and low tuna production worldwide.
Pangasius exports to EU are less favourable than that to the U.S. because EU market’s payment was slow and the export price was low.
Therefore, the number of Vietnam pangasius exporters joining ESE this year will be less than in Boston Seafood Exposition (the U.S.) held in last March. Many past years, EU is the third largest importing market of Vietnam shrimp, following Japan and the U.S. In 2011, some economies in the block faced to troubles but shrimp exports of Vietnam to EU still kept strong growth.
At 2012 ESE, the Seafood Prix d’Elite New Products Awards are presented for Best Product in order to recognize the best new seafood products of the year. Besides, awards are also presented for Best Retail Product and Best Foodservice Product. Special awards are also given at the judges’ discretion in the categories of Convenience, Nutrition and Health, Retail Packaging, Originality, and Best Seafood Product Line. This year’s awards ceremony will be presented at the opening day of ESE.
All exhibitors and visitors are invited to attend. The winners will also be on display at the Exposition. Among Vietnam seafood exporters joining ESE last year, Vinh Hoan Corp. was an only Vietnam exporter who won the Seafood Prix d’Elite New Products Awards for its pangasius products at ESE. However, this year, the company does not have any product joining Seafood Prix d’Elite New Products competition because it plans to introduce its value-added pangasius products winning 2009 – 2011 prize such as provocake, pangasius rolled with salmon, barramundi flame grill, seafood harmony. Moreover, the company also exhibits “Pangasius Sausage” product which is being consumed at the U.S. market. The product will be added special flavour, suitable to the Western people’s taste.
At 2012 ESE, there are 25 Vietnam enterprises having their private booths and 13 enterprises joining VASEP booth. Most of Vietnam exhibitors are ready to attend ESE this year. This is a good opportunity for Vietnam enterprises to look for partners, sign producing, processing and consuming contracts despite gloomy European economy.
(seafood.vasep.com.vn) The Report on Vietnam Pangasius Sector 2015–2024, produced and released by the Vietnam Association of Seafood Exporters and Producers (VASEP) in January 2025, is expected to provide enterprises, importers, and government agencies with a comprehensive overview of key developments in Vietnam's pangasius production and export over the past decade. In addition to highlighting achievements, the report identifies existing challenges and analyzes future opportunities and threats for the pangasius industry.
(vasep.com.vn) Overcoming two years of fluctuation in both export markets and domestic production, Vietnam's pangasius industry has demonstrated resilience, adaptability, and a strong determination to seize opportunities and boost exports to various markets. As a result, in 2024, pangasius exports reached USD 2 billion, a 9% increase compared to 2023. This achievement is a source of pride for Vietnam's aquaculture and agriculture sectors.
(seafood.vasep.com) Speaking at a conference to implement the 2025 plan of the Ministry of Agriculture and Rural Development, Prime Minister Pham Minh Chinh urged the agricultural sector to strive for a total export turnover of agricultural, forestry, and fishery products reaching $70 billion by 2025.
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
In 2025, seafood exports are expected to continue to grow better and could reach 11 billion USD as in 2022. However, this is also the year the seafood industry will face challenges, including increased competition from other countries, trade wars and market barriers...
(seafood.vasep.com.vn) On the afternoon of December 25, at Toan Thinh Conference Center (Soc Trang City), the Soc Trang Fisheries Sub-department, under the Department of Agriculture and Rural Development of Soc Trang, held a conference to review the 2024 aquaculture activities and outline the brackish water shrimp farming plan for 2025. The event was attended by Ms. Quach Thi Thanh Binh, Deputy Director of the Department of Agriculture and Rural Development of Soc Trang.
The Mekong Delta province of Soc Trang aims to achieve export value of over 1.9 billion USD in 2025 by boosting production and processing of key products such as seafood, high-quality rice, fruits, and garments.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
(seafood.vasep.com.vn) In November 2024, Vietnam's tuna exports failed to maintain the rapid growth momentum seen earlier. Export value during the month increased by nearly 4% year-on-year, reaching approximately USD 82 million. Cumulatively, the export value for the first 11 months of 2024 totaled USD 903 million, a 17% increase compared to the same period in 2023. However, at this growth rate, the total export turnover for 2024 is estimated to only reach around USD 1 billion.
(seafood.vasep.com.vn) On the evening of December 24, 2024, in Hanoi, the Central Youth Union, Viet nam Youth Federation and the Vietnam Young Entrepreneurs Association held the Vietnam Golden Star Award Ceremony 2024, with the theme "Reaching Vietnam", honoring 200 outstanding enterprises. Deputy Prime Minister Nguyen Hoa Binh attended.
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