According to a report by the Ministry of Agriculture and Rural Development, the total fishery production in May was estimated at 782.8 thousand tons, up 4.2% over the same period in 2020. Accumulated in the first 5 months, the total output seafood was estimated at 3.3 million tons, up 2.6% over the same period last year. In which, aquaculture production in May was estimated at 417 thousand tons, up 6.7% over the same period last year, bringing the accumulated output to approximately 1.7 million tons, up 3.7% over the same period last year. The fishing output in May was estimated at 365.8 thousand tons, up 1.5% over the same period last year, bringing the cumulative output of 5 months to over 1.6 million tons, increased by 1.4% over the same period in 2020.
Tuna catch decreased by 9% over the same period in 2020
In the first 5 months of 2021, although the weather at sea is relatively favorable, however, the catches of ocean tuna in different locations decreased slightly. The output of bigeye and yellowfin tuna of 30kg/head or more was estimated at 8,522 tons, down 9% over the same period in 2020. Of which, tuna catch in Phu Yen reached 1,819 tons, down 4%; in Binh Dinh was estimated at 5,493.9 tons, down 5.8%; in Khanh Hoa was estimated at 1,209 tons, up 15.1% over the same period in 2020.
Output of brackish water shrimp increased significantly
The output of brackish water shrimp in May was estimated at 81 thousand tons, up 0.2% over the same period last year, bringing the accumulated output in first 5 months of 2021 to 253.6 thousand tons, up 6% over the same period in 2020. Of which, the output of black tiger shrimp in 5 months is estimated at 85.8 thousand tons, up 1.6%; whiteleg shrimp production was estimated at 167.8 thousand tons, up 8.4% over the same period in 2020.
The production of whiteleg shrimp has escalated due to the shift to intensive farming and good disease control, meeting the needs of export and domestic consumption. In addition, this is the time of high harvest to supply raw materials for processing factories filling market orders .
For pangasius, the output in May was estimated at 117.3 thousand tons, up 1.2% over the same period last year, bringing the accumulated accumulation in the first 5 months to 523.9 thousand tons, up 2.8% compared to the same period last year. Some provinces have large pangasius farming areas in the first 5 months of the year with the output increased quite well, such as: Dong Thap reached 120.6 thousand tons; An Giang reached 196.9 thousand tons. Because the demand for importing pangasius products in some major markets such as China and markets in South America tends to increase slightly in the first months of the year, the price of raw pangasius is increasing compared to the same period last year. For the domestic market, the price of raw pangasius in the Mekong Delta provinces increased slightly by 200 VND/kg to 21,500 - 21,700 VND/kg for the fish of size 800g - 1.1kg/pc.
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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