The firm had previously told Undercurrent News it intended to apply for the BAP Global Aquaculture Alliance certifications by the end of 2016 -- executive director Jonathan Wilson has now confirmed this has been achieved.
"Having the hatchery, farm, processing and feed mill certified means access to new markets in North America and Europe," he said.
Meeting the firm at Vietfish 2016 in August, Wilson had indicated the firm wanted to expand sales in Europe and the US, but that BAP certification would be required.
"Now we can give customers assurance that our products enhance their brands, and can be a key link in protecting their reputation in the market," he said in November.
The certification comes in time for Godaco to plan its brand launch for "natural fillets, as well as cooked and value-added products", in 2017.
Back in August the first products were coming off the lines of Godaco's newly-opened value-added plant – tempura pangasius, for a customer in Europe.
The brand "is key for us to work with large retailers and foodservice companies, as we can demonstrate commitment to sustainability and quality throughout the value chain", said Wilson.
With its certification, Godaco is just the second four-star BAP pangasius company in Vietnam. Vinh Hoan became the first in 2015.
"We had the ambition to create a brand structure, but we knew that we needed to have something more to offer than pretty packages and nice names," Wilson said of the timing of this brand launch.
"So, we had taken the decision to develop our sustainability and quality credentials as a first start. That way, our brand promise has some real substantial promise behind it."
Of the new VAP plant in Ben Tre, Vietnam, Wilson said the plan was to start with pangasius, before moving on to breaded shrimp and Nobashi stretched shrimp too.
In August, three frying lines were installed in addition to the tempura line, able to handle part- or fully-cooked breaded items, with further space to process shrimp, salmon or Alaska pollock.
“We have the capability to produce a range of 'oven ready' and 'flash-fried', partially cooked products, for a range of foodservice and retail customers,” said Wilson.
“We have had interest in producing breaded and tempura products from North America and Japan, as well as Europe and the Middle East.”
The new plant is designed with flexibility in mind, and depending on product mix, should be able to produce 15,000-20,000 metric tons of cooked products a year.
Source: undercurrentnews
SSI forecasts a 28% year-on-year increase in after-tax profit attributable to the parent company of Vinh Hoan Corporation (VHC), driven by a gradual improvement in average selling prices from USD 3.15/kg in 2024 to USD 3.30/kg (+5%) in 2025. An Giang Fisheries Import-Export Joint Stock Company (ANV)'s after-tax profit attributable to the parent company is projected to rebound by 104%.
In 2025, the Mekong Delta province of Bac Lieu aims to earn 1.2 billion USD from exporting shrimp, one of the key export products that accounts for over 95% of its total export value.
(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.
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
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn