Soc Trang Seafood Joint Stock Company (Stapimex), one of Vietnam’s largest shrimp producers, earned BAP certification for six of its shrimp farm sites located in Vietnam’s Soc Trang province.
The BAP certification was sponsored by US-based National Fish & Seafood, part of Pacific Andes International Holdings.
“We are extremely pleased that the first shrimp farm group has achieved international recognition through BAP certification,” said Jeff Sedacca, president of National Fish’s shrimp division.
“This historic milestone will make it possible for the thousands of smallholder shrimp farms around the world to meet the environmental and social standards of the BAP program and achieve certification gaining access to international markets,” said Sedacca.
This project is the result of a year-and-a-half collaboration between Stapimex, National Fish and GAA, he said.
“There are literally hundreds of thousands of farms around the world, and not having this type of program severely limits the ability for any certification program to be effective beyond the ‘top’ farms,” said Peter Redmond, BAP’s vice president of market development.
For group farms, a subset of the total number of sites is audited; the ability to qualify for group requires an applicant to implement strict and consistent internal controls across all of its operations.
Marine Harvest Canada was the world’s first operation to attain BAP certification through the group farm program.
The BAP group farm program is separate from an integrated operating module, in which groups of medium- to small-sized farms are organized under the sponsorship of a processor, farmer cooperative or association, or other legally recognized entity.
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.
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