Regarding broodstock, there are currently over 240,000 broodfish ready for spawning. Of these, 180,000 were selected from commercial fish stocks, and 60,000 are high-quality pangasius transferred by the Research Institute for Aquaculture II under the 2016-2020 breeding program (40,000 have spawned, and 20,000 are first-time spawners).
By the end of October 2024, fry production reached 25.95 billion, and fingerling production totaled 3.9 billion.
For commercial farming, the total farming area in 2024 is estimated at 5,370 hectares, equivalent to 95% of the 2023 figure). The new farming area added annually during 2020-2024 remained stable at 5,200-5,800 hectares, except for a significant reduction in 2020 due to the COVID-19 pandemic. The harvest yield for 2024 is projected at 1.67 million tons, approximately 99% of the 2023 level.
Forecast and development strategies for the pangasius sector in 2025
Climate change and saltwater intrusion in the Mekong Delta, combined with shifts in the Mekong River’s water resources, will have significant impacts on pangasius farming. Feed costs, the highest proportion of farming expenses, are under pressure due to declining supplies of fishmeal and fish oil.
Meanwhile, countries like Indonesia, India, and China are expanding their production of pangasius and similar products, creating fierce competition, particularly in key markets such as the EU, the US, Japan, and the GCC.
The pangasius sector's 2025 targets include:
- Production volume: 1.65 million tons
- Export revenue: $2 billion
To achieve these goals, several key measures need to be implemented:
- Improving broodstock: Continue selective breeding to enhance quality, focusing on salinity tolerance and disease resistance.
- Feed innovation: Research alternatives to fishmeal and fish oil, such as plant-based materials, insects, microalgae, microbial protein, and seaweed.
- Recycling by-products: Increase recycling of processing by-products, excluding pangasius-derived products for feed.
- Technology application: Pilot Recirculating Aquaculture Systems (RAS) in broodstock farms to improve survival rates and biosecurity.
- Brand building: Enhance technology, enforce strict quality control, and secure certifications for food safety, environmental sustainability, and greenhouse gas emissions.
(seafood.vasep.com.vn) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
By the end of Q3/2025, Vietnam’s seafood industry recorded a clear recovery as a series of leading companies reported strong profits — some even achieving the highest results in their history. After several quarters struggling with high costs and weakened demand, the latest business results indicate a robust comeback across the industry.
(seafood.vasep.com.vn) On November 12 in Ho Chi Minh City, the Embassy of the Netherlands, in coordination with the Ministry of Agriculture and Environment, organized the Vietnam–Netherlands Business Forum under the theme “Shaping the future of sustainable aquaculture in the Mekong Delta.”
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