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.
(seafood.vasep.com.vn) Sao Ta (FMC - HoSE), a key subsidiary of PAN Group, has announced impressive business results for February. The company's shrimp production reached 1,913 tons, a 106% increase compared to the same period last year, while agricultural product production reached 67 tons, up 6%.
(seafood.vasep.com.vn) The tuna export market of Vietnam in the first month of 2025 has seen notable fluctuations. Exports to most major markets have decreased compared to the same period in 2024.
The Seafood Expo Global is the largest seafood industry event in the world, truly becoming a professional playground and a strong foundation for connecting the international seafood community. The Seafood Expo Global (SEG) 2025 will take place from May 6 to May 8, 2025 in Barcelona, promising to be an important platform for the global seafood community to meet, trade, and seek business opportunities in seafood industry.
(seafood.vasep.com.vn) According to data from Vietnam Customs, Vietnam’s pangasius exports in January 2025 reached over USD 133 million, marking a 19% decline compared to the same period last year. Notably, the ranking of the top pangasius import markets saw significant adjustments.
(seafood.vasep.com.vn) According to a report by the General Statistics Office, the estimated pangasius output for January 2025 reached 102.5 thousand tons, representing a 6.0% increase compared to the corresponding period of the preceding year. This surge is attributed to the rise in pangasius material prices within the Mekong Delta, which has incentivized aquaculture farmers to expand their stocking activities. Concurrently, this price increase has facilitated processing enterprises to intensify procurement efforts to meet export demands during the early part of the year.
(seafood.vasep.com.vn) Between 2015 and 2024, Vietnamese pangasius exporting enterprises have undergone notable transformations in rankings and experienced fluctuations in developmental strategies, competitive intensity, and business efficacy. This dynamic is clearly illustrated through shifts in export turnover and the proportional contribution to the national pangasius export volume among the Top 5 enterprises.
(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.
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