According to the Directorate of Fisheries (Ministry of Agriculture and Rural Development - Agriculture and Rural Development), this is the first shipment to open the new year of the fisheries sector, organized by the Ministry of Agriculture and Rural Development to export to a series of high-end markets like the US, EU, Japan ...
"With 8 containers, each container holds about 20 MT of shrimp, more than 160 MT of shrimp processed by Minh Phu Hau Giang Fishery Joint Stock Company (Song Hau Industrial Park, phase 1, Chau Thanh district, Hau Giang province) will open for seafood export of the country"- Director of Directorate of Fisheries Tran Dinh Luan emphasized.
Hosted the first shrimp export ceremony abroad, Deputy Minister Phung Duc Tien highlighted: Vietnam has been negotiating, signing, and implementing 16 free trade agreements (FTAs), especially several new free trade agreements such as CPTPP, EVFTA, and most recently RCEP.
“Regardless of the complicated developments of COVID-19, the shrimp industry has still been a high economic value industry. It is forecasted that shrimp exports in 2021 will raise by 15% compared to 2020, reaching US$ 4.4 billion ”- Deputy Minister Phung Duc Tien said.
According to the director of the Agro Processing and Market Development Authority (Ministry of Agriculture and Rural Development) in the current context, the market has many fluctuations and challenges. Besides, the world economy in 2021 is forecasted to be complicated and unpredictable, reflecting in the increasingly fierce competition in strategy, trade conflicts, market competition, technology, and high-quality human resources;
“Non-traditional security challenges, especially climate change, have been increasing both in terms of impact and intensity. The disease progresses complicatedly, especially the COVID-19 pandemic. The fact that countries issued the lockdown to slow the spread of COVID-19 has partly created disruptions in the supply chain and trade flows. Those are bottlenecks that Vietnam needs to overcome to achieve the growth as expected "- Dr. Nguyen Quoc Toan said.
(seafood.vasep.com.vn) Sao Ta (FMC - HoSE), a key subsidiary of PAN Group, has announced impressive business results for February. The company's shrimp production reached 1,913 tons, a 106% increase compared to the same period last year, while agricultural product production reached 67 tons, up 6%.
(seafood.vasep.com.vn) The tuna export market of Vietnam in the first month of 2025 has seen notable fluctuations. Exports to most major markets have decreased compared to the same period in 2024.
The Seafood Expo Global is the largest seafood industry event in the world, truly becoming a professional playground and a strong foundation for connecting the international seafood community. The Seafood Expo Global (SEG) 2025 will take place from May 6 to May 8, 2025 in Barcelona, promising to be an important platform for the global seafood community to meet, trade, and seek business opportunities in seafood industry.
(seafood.vasep.com.vn) According to data from Vietnam Customs, Vietnam’s pangasius exports in January 2025 reached over USD 133 million, marking a 19% decline compared to the same period last year. Notably, the ranking of the top pangasius import markets saw significant adjustments.
(seafood.vasep.com.vn) According to a report by the General Statistics Office, the estimated pangasius output for January 2025 reached 102.5 thousand tons, representing a 6.0% increase compared to the corresponding period of the preceding year. This surge is attributed to the rise in pangasius material prices within the Mekong Delta, which has incentivized aquaculture farmers to expand their stocking activities. Concurrently, this price increase has facilitated processing enterprises to intensify procurement efforts to meet export demands during the early part of the year.
(seafood.vasep.com.vn) Between 2015 and 2024, Vietnamese pangasius exporting enterprises have undergone notable transformations in rankings and experienced fluctuations in developmental strategies, competitive intensity, and business efficacy. This dynamic is clearly illustrated through shifts in export turnover and the proportional contribution to the national pangasius export volume among the Top 5 enterprises.
(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.
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