According to tuna processing and exporting enterprises, in 2020, due to the impact of the Covid-19 epidemic, Vietnamese captured marine products continued to subject a yellow card warning issued by the European Commission (EC), so tuna exports from Vietnam faced many difficulties.
However, in the first months of 2021, Vietnam's tuna exports is gradually recovering, especially to the US market is very prosperous.
For example, Thinh Hung Co., Ltd., in Suoi Dau industrial zone (Khanh Hoa) said that, in 2020 the company had their export turnover of tuna being only 70% compared before the Covid-19 pandemic.
However, in early 2021, the company received many orders, thereby they have lifted the purchase prices of tuna by 10-20000VND/kg compared to the months of Covid- 19 in 2020.
Mr. Le Buu Quoc, Head of Raw Material Purchasing Department of Thinh Hung Co., Ltd., said that the tuna orders are relatively recovering compared to before the Covid-19 epidemic. In addition to the European market, the company also received many orders for raw tuna to serve supermarkets in the US, Canada ... However, according to Mr. Quoc, although the company promotes the purchase of tuna domestically, they only meet 2/3 of the output for export orders. Facing the above situation, the business has expanded to import raw tuna materials from countries such as Taiwan, China, Indonesia ... In addition, the price of imported raw materials is also equal to the purchase price of domestic raw materials, but 20% higher than that of 2019.
Similarly, T&H Nha Trang Co., Ltd in Dien Khanh district (Khanh Hoa) is also receiving many orders for tuna export from Europe and America. Regarding this issue, Mr. Huynh Dac Tri, Director of T&H Nha Trang Co., Ltd., said that this time is the peak season of Vietnamese tuna exports to Europe and America.
Despite the impact of the Covid-19 epidemic, businesses that have received orders reaching about 70-80% on average compared to the time before the Covid-19 epidemic, which is a positive sign.
Currently, there are 17 enterprises with 24 processing and exporting factories of tuna, concentrated mainly in Khanh Hoa, Binh Dinh and Phu Yen provinces. Currently, Vietnam exports tuna to more than 100 countries around the world.
In 2020, the total export turnover of tuna reached 648 million USD, of which the US market accounted for 40-41%, the Middle East 15%, the EU 14%, the ASEAN region 5%, Japan 4% and the rest are for other countries.
(seafood.vasep.com.vn) In November 2024, Vietnam's tuna exports failed to maintain the rapid growth momentum seen earlier. Export value during the month increased by nearly 4% year-on-year, reaching approximately USD 82 million. Cumulatively, the export value for the first 11 months of 2024 totaled USD 903 million, a 17% increase compared to the same period in 2023. However, at this growth rate, the total export turnover for 2024 is estimated to only reach around USD 1 billion.
(seafood.vasep.com.vn) On the evening of December 24, 2024, in Hanoi, the Central Youth Union, Viet nam Youth Federation and the Vietnam Young Entrepreneurs Association held the Vietnam Golden Star Award Ceremony 2024, with the theme "Reaching Vietnam", honoring 200 outstanding enterprises. Deputy Prime Minister Nguyen Hoa Binh attended.
(seafood.vasep.com.vn) In the first ten months of 2024, 448 Vietnamese companies were involved in exporting pangasius to international markets. Vinh Hoan remains the top exporter, holding a 14% share of Vietnam's total pangasius export value.
(seafood.vasep.com.vn) Vietnam's seafood sector is making impressive strides as it nears the end of the year. Aquaculture has maintained steady growth, while fishing activities have recovered thanks to favorable weather conditions.
(seafood.vasep.com.vn) To ensure sustainable shrimp farming and environmental protection, Soc Trang Province emphasizes raising awareness and improving the capacity of shrimp farmers through various forms of communication and by developing and replicating effective models.
(seafood.vasep.com.vn) To achieve the goal of making the province a national hub for high-quality shrimp post-larvae production and producing 50 billion shrimp post-larvae by 2025, Ninh Thuan has focused on implementing a comprehensive set of measures.
(seafood.vasep.com.vn) The seafood processing company Kyokuyo has just opened a seafood processing plant in Vietnam to reduce its reliance on China. In Japan, Kyokuyo ranks as the third-largest seafood producer, following Maruha Nichiro and Nissui.
(seafood.vasep.com.vn) Vietnam's total fishery production in the first 10 months of 2024 is estimated at 7,889.8 thousand tons, a 2.5% increase compared to the same period last year. Aquaculture contributed approximately 4,612.5 thousand tons, while capture fisheries accounted for 3,277.3 thousand tons.
(seafood.vasep.com.vn) Ms. To Thi Tuong Lan, Deputy Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP), forecasts that pangasius export turnover could reach the target of USD2 billion in 2024. However, the industry will still face numerous challenges in the coming year.
(seafood.vasep.com.vn) Vinh Hoan Corporation has recently announced its business results for October, reporting over VND 1,200 billion in revenue, a 60% increase compared to the same period last year.
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