According to the report by Dong Thap Department of Agriculture and Rural Development - the province with the largest pangasius farming and harvesting output in the country, in mid-April 2022, the price of raw pangasius is from 31,000 to 32,500 VND/kg (an increase of 1,000 VND/kg compared to the previous week), the average cost to produce 1kg of raw fish is about 24,500 VND/kg. At this price, farmers have high profits. Pangasius prices increased, world demand for pangasius was positive, abundant orders pulled the average export price of frozen pangasius fillets to 3.4 USD/kg, up 0.25 USD/kg compared to the previous year.
It can be said that the outlook for Vietnam's pangasius exports in the first quarter of this year and the following quarters is optimistic.
In the first quarter of this year, facing difficulties due to China's zero Covid policy, many pangasius shipments were risky to be returned if infected with the coronavirus. These days the export value of pangasius to China - Hong Kong has increased again. The forecast is even more optimistic for the next quarter onwards. By the end of March 2022, the total export value of pangasius to this market reached 183.4 million USD, up more than 163% over the same period last year. In March alone, the export value of pangasius to China - Hong Kong reached 97.5 million USD, up 119%.
Pangasius exports to the US market also grew well. After the anti-dumping tax POR17 was eventually announced, pangasius enterprises that are not subject to tax are promoting exports to this market. By the end of March 2022, the total value of pangasius exports to the US reached more than 160 million USD, up 123%. Currently, record inflation is taking place in the US due to broken supply chains and the impact of the Ukraine crisis, skyrocketing prices, and demand for essential necessities, including food and seafood. The near future is a good opportunity for enterprises to export frozen pangasius to this market.
Not only in the US, but the food crisis is also taking place in Europe, where prices have skyrocketed due to congested supply chains, soaring demand, and the severely affected global energy market which is the result of the Russia-Ukraine conflict. For the first time after many years of decline, pangasius exports to the EU increased by 86.2% compared to the first quarter of 2021 with an export value of USD 46.7 million. Pangasius export value to major markets in the bloc such as the Netherlands increased by 86%; Germany increased by 97%; Belgium increased by 120%; Spain increased 67%.
It is forecasted that in the second quarter of 2022, pangasius exports to major markets will retain a fair positive growth. Consumption demand increases and is stable due to competitive pangasius prices and can fill the gap in some segments of white fish products (cod, pollock), which are in short supply from Russia.
Due to the good and promising export market, the stock prices of some Vietnamese pangasius exporters have been green in recent years. While many sectors constituting the VN-Index are suffering from fluctuating stock prices, stock prices of the seafood group are still attractive. In which, a number of stock codes in the seafood industry still rebounded and were attractive such as VHC, ANV, ABT, IDI, ACL...
Compiled by Minh Trang
Image source: Vietnamnews
(seafood.vasep.com.vn) Speaking at the Opening Ceremony of VIETFISH 2026 on August 19 at the Saigon Exhibition and Convention Center (SECC), U.S. Consul General Melissa Brown highlighted the important role of the exhibition in connecting Vietnam’s growing seafood industry with buyers, suppliers, and partners from the United States and around the world.
(vasep.com.vn) Tomorrow, August 19, 2026, the Vietnam International Seafood Exhibition – Vietfish 2026 will officially open at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Taking place over three days, from August 19–21, Vietfish 2026 promises to provide a dynamic platform for business networking, trend updates, product experiences and comprehensive cooperation across the domestic and international seafood community.
(vasep.com.vn) The global tilapia market continues to grow, creating significant opportunities for countries with strengths in aquaculture, processing, and exports. Against this backdrop, Vietnam’s tilapia industry is gradually developing toward higher quality, greater product diversification, and broader market reach. At Vietfish 2026, the Vietnam Association of Seafood Exporters and Producers (VASEP), together with the VASEP Tilapia Producers and Exporters Club, will host a joint booth to promote the image and potential of Vietnamese tilapia to domestic and international buyers.
(seafood.vasep.com.vn) Vietnam’s seafood exports are heading towards $12 billion this year, potentially the highest level on record. Yet one of the country’s export strengths is facing a growing list of challenges.
(seafood.vasep.com.vn) The first six months of 2026 indicate that Vietnam’s tilapia industry is entering a new phase of development, with strong export growth but also greater demands for production scale, quality and international competitiveness.
(seafood.vasep.com.vn) Vietfish 2026, the Vietnam International Seafood Exhibition, will officially take place from 19–21 August 2026 in Ho Chi Minh City. As Vietnam’s largest annual seafood trade event, organized by the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietfish 2026 will once again bring together leading seafood companies, industry experts, and international partners from across the global seafood value chain.
(seafood.vasep.com.vn) Vietnam’s seafood exports reached USD 1.1 billion in July 2026, up 4.8% compared to the same period in 2025. Cumulative exports in the first seven months of the year totaled nearly USD 6.86 billion, an increase of 11.5% year-on-year. Exceeding the USD 1 billion mark in July further reinforces the prospect that Vietnam’s seafood exports could surpass USD 12 billion in 2026. However, the July figures also send a clear signal that the most favorable growth period may have passed: overall export growth slowed to just 4.8%, pangasius exports fell 6.1%, tuna exports were virtually flat, while exports to the EU, South Korea, and the Middle East all recorded double-digit declines.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the seminar "Global Seafood Market and the Future Workforce: Trends, Opportunities, and Sustainable Development Pathways for Vietnam's Seafood Industry" will take place from 2:00 p.m. to 4:15 p.m. on August 19, 2026, at Convention Room B, Level 2, SECC, Ho Chi Minh City. This is the first of five specialized seminars at Vietfish 2026, focusing on key issues that are shaping the long-term development of Vietnam's seafood industry.
(seafood.vasep.com.vn) Vietnamese seafood exports recorded impressive growth, generating nearly 6 billion USD in revenue during the first six months of the year, up 13% compared with the same period last year.
(seafood.vasep.com.vn) Fishermen in Ha Tinh are gradually overcoming difficulties to maintain the efficiency of seafood exploitation. In the first six months of 2026, the entire province achieved a production of more than 23,000 tons of seafood, worth more than 1,200 billion VND.
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