Notably, brackish water shrimp farming output reached 1,106.9 thousand tons, up 5% year-on-year. Of this, black tiger shrimp output rose to 234.8 thousand tons, a 2.6% increase, and whiteleg shrimp output reached 798.9 thousand tons, growing 5.8%.
From mid-September to late October, shrimp prices for both black tiger and whiteleg varieties saw steady and stable increases, averaging a rise of VND 5,000 per kilogram compared to September. This price growth motivated farmers to intensify harvesting, particularly for shrimp sized at 60 pieces per kilogram. In Bac Lieu, iced whiteleg shrimp of this size traded at VND 115,000 per kilogram, while shrimp sized at 50 pieces per kilogram fetched VND 121,250 per kilogram, and 100-piece shrimp were priced at VND 85,000 per kilogram. Prices in Kien Giang also rose slightly, averaging VND 80,714 per kilogram. For black tiger shrimp, average prices in October increased by VND 3,500–12,700 per kilogram for shrimp sized at 30 pieces per kilogram. Bac Lieu recorded the highest regional prices, at VND 185,625 per kilogram, followed by Kien Giang at VND 165,000 and Tien Giang at VND 140,000 per kilogram.
(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.
(seafood.vasep.com.vn) In the final quarter of 2024, Vietnam’s surimi and fish cake exports showed consistent growth over the last three months. For the entire year 2024, exports of these products reached USD 298 million, down 2% compared to 2023. However, the final quarter saw more promising signs for the surimi and fish cake export sector, with some markets experiencing notable growth, such as Thailand, China, and Taiwan. Particularly, exports to Taiwan, which had seen continuous declines in the previous two quarters, surged by 301% in this quarter.
(seafood.vasep.com.vn) Another year of pride for Vietnam's pangasius exports has concluded, reaching over USD 2 billion and contributing 20% to Vietnam's total seafood export turnover.
Vietnam maintained its position as the fifth-largest seafood exporter to Singapore for 12 consecutive months, surpassing Japan for the first time in 2024, amid the intensifying competition in this market.
(seafood.vasep.com.vn) Despite facing numerous challenges in the second half of the year, Vietnam's canned tuna exports concluded 2024 with a 17% increase compared to 2023, reaching USD 299 million. To maintain this growth momentum in 2025, the canned tuna production and export sector requires coordinated efforts from all stakeholders.
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.
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