Vietnam pangasius fillets marinated with pepper and spices
Export is still need improvement
Before that, at the end of 2020, the Vietnam Association of Seafood Exporters and Producers (VASEP) forecasts that the growth of the pangasius industry this year will be 5% with the export value at 1.6 billion USD. To achieve this goal, there are 4 issues that the pangasius industry needs to solve, including efforts to remove difficulties with the Chinese market, anti-dumping tax in the US market, increasing production of value added products and developing the domestic market to reduce dependence on exports.
According to pangasius production, processing and trading enterprises, in 2020, the Covid-19 epidemic severely affected exports, raw pangasius’ price in the Mekong Delta dropped from 26,500 VND/kg in March 2019 to 18,500 - 18,800 VND/kg in June 2020, by the end of 2020 it gradually inched up to 21,000 - 21,500 VND/kg and has been stablizing until now.
Mr. Truong Tien Dung, General Director of Saigon Aquatic Products Trading Joint Stock Company (APT), said "In 2020, exports declined dramatically, especially at the end of the year, export to China was congested. This year, exports to China have resumed normal, orders from the US and European markets have also increased".
According to Mr. Nguyen Van Kich, Chairman and General Director of Cafatex Corporation (Hau Giang), the situation of the pangasius industry this year is very unpredictable due to uncertain factors. Firstly, the Covid-19 epidemic in import markets remains complicated, and exports depend on pandemic control. Secondly, China, the leading market for pangasius imports, is not stable in terms of demand, and recently there is the problem in controlling Covid-19 epidemic for imported frozen goods.
Strive to conquer domestic customers
There was a large amount of export output that brought in billions of dollars in recent years, but in the domestic market, consumption of pangasius is still modest. In recent years, in order to pave the way for pangasius to return to the "home yard", businesses have organized many programs and activities to introduce processed pangasius products to consumers, typically pangasius buffet program. Along with that, businesses are diligent in researching and developing many preliminary processed and refined products from this nutritious and healthy fish.
"Products from pangasius are quite diversified, in addition to fillets, sliced, cleaned whole fish, fish can also be dried and refined ... serving both domestic and export markets. Dried pangasius products and dried basa fish have been positively received by the domestic market, especially during the flood and storm months in the Central region and after Lunar New Year "- APT General Director stated and added that dried basa fish and some products as well as the company's dried freshwater fish are produced under a closed process in a modern factory and exported to Europe, being vacuum preserved and branded as the company, so they are consumed well.
Mr. Pham Duc Cuong, co-founder of Uni-Sea Co., Ltd. (Hanoi) - specializing in basa fillets marinated with pepper sauce, said that after 10 years of researching on how to deodorize fish, he decided to choose basa fish for commercialization. "Basa fish has an export background, so the quality management process is very good, meeting the requirements of the most demanding markets in the world but the price is moderate, so there is a large ability to increase the value.”
(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.
(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.
(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
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