In the first two months of this year, pangasius exports to this market decreased by 38%-71% over the same period last year. But in the next 3 months, the export value to this market increased very strongly by 100.6%-207.9% over the same period in 2017.
In the structure of seafood exports in the first 8 months of 2018, pangasius exports to Egypt took the highest value, accounting for 81%, followed by shrimp and other aquatic products. Stagnation of seafood imports, including pangasius into big import market such as Saudis made Vietnamese companies push into the UAE market and Egypt. As a result, during the past 8 months, pangasius exports to this market were relatively good.
Late in August 2018, during a state visit to Egypt, President Tran Dai Quang met with Egyptian Prime Minister Mostafa Madbouly at the prime minister's seat in Cairo. During the meeting, the Vietnamese side also suggested Egypt to soon complete its internal procedures for the double taxation avoidance agreement to take effect and create favorable conditions for Vietnam to import agricultural products (pepper, coffee, tea ...), seafood (pangasius, basa fish ...) into supermarket chains of Egypt.
The two sides also agreed to launch the Halal Food Standards Program for Vietnamese goods exported to the Islamic market in general and the Egyptian market in particular. Hopefully, in the coming time, exports of pangasius in particular and seafood products in general to this market will have more advantages and a better growth. This market was still considered as one of the three potential markets of Vietnam pangasius in this Middle East region.
According to Vietnam Customs, the export of value-added pangasius in the first eight months of 2024 has been evaluated as quite positive, with continuous growth in many major markets such as the United States, CPTPP, and the Netherlands...
(seafood.vasep.com.vn) The Department of Fisheries of Ca Mau province coordinated with the School of Fisheries under Can Tho University to organize training courses on high-tech shrimp farming for 120 people in processors, cooperatives and families that are raising intensive and super-intensive shrimp in the province.
(seafood.vasep.com.vn) Currently, Soc Trang province plans to expand its shrimp farming area from over 50,000 hectares to 57,000 hectares by 2025, aiming for a production of 233,800 tons and maintaining a $1 billion export value. The project will establish 45 climate-resilient shrimp farming models and ensure all farms meet aquaculture standards for traceability.
(seafood.vasep.com.vn) In July 2024, Vietnam's fish cake and surimi exports declined. The export value reached just over 24 million USD, down 3% over the same period. In the first 7 months of 2024, the cumulative export of this product group reached 152 million USD, down 13%.
(seafood.vasep.com.vn) Dong Thap is a key region for pangasius farming, boasting the largest production in the Mekong Delta. In the first seven months of 2024, the estimated aquaculture area reached 4,778 hectares, with a harvest yield of 307,336 tons. Of this, the intensive pangasius farming area covered 2,042 hectares, with a harvest of 252,670 tons.
(seafood.vasep.com.vn) According to Vietnam Customs, in the first half of August 2024, Vietnam's pangasius exports to the EU reached nearly 8 million USD, up 57% over the same period. Cumulative pangasius exports to this market as of August 15, 2024, reached 107 million USD, up 0.5% over the same period last year.
(seafood.vasep.com.vn) The Board of Directors of International Development & Investment Corporation (IDI) is confident of completing this year's profit plan in the context of gradually recovering demand for pangasius in China and Mexico.
(seafood.vasep.com.vn) Some farmers in Soc Trang province have successfully applied a balanced biological shrimp farming technique, which eliminates the use of chemicals to minimize environmental impacts. This is a model of farming that adapts to climate change.
8 finalists have been named in the best new seafood product competition to be awarded at Seafood Expo Asia, taking place 4 to 6 September at the Sands Expo and Convention Centre in Singapore.
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