Vietnam's pangasius industry ready to conquer new milestones by 2025

News 08:52 20/01/2025 Bảo Ngọc
(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.

Despite challenges such as environmental issues, diseases, natural disasters—especially Typhoon Yagi (Storm No. 3), which caused significant damage to the industry and impacted thousands of farmers and fishers, high freight costs, rising production expenses, and slow recovery in import prices, the pangasius sector successfully met its 2024 export targets. Enterprises in the industry made great efforts to innovate, enhance productivity and quality, and capitalize on the rising demand in markets such as the U.S., Brazil, Colombia, the Middle East, and CPTPP countries, offsetting declines in China. As a result, pangasius exports returned to the USD 2 billion milestone in 2024, marking a 9% growth compared to the previous year.

Chú thích ảnh

This positive outcome is attributed to the close guidance and support of the Government, the Prime Minister, the Ministry of Agriculture and Rural Development, and other ministries, agencies, and local authorities in setting directions and policies. It also reflects the efforts of industry associations and businesses in organizing production, improving product quality, and diversifying markets, additionally, the collective determination of entrepreneurs, businesses, and farmers, especially their agility in seizing market opportunities.

To celebrate the industry's achievements and promote an optimistic spirit in the face of challenges, the association organized a ceremony to honor outstanding enterprises in 2024, including top pangasius exporters.

After a challenging 2023, Vietnam's pangasius exports began to recover and grow steadily in 2024. Looking ahead, 2025 holds great promise, opening a bright new era for Vietnam's aquaculture sector, including pangasius as the global economy continues to recover and demand in major markets rises significantas. China, the U.S., Brazil, Colombia, and CPTPP nations will remain crucial drivers, ensuring that Vietnamese pangasius becomes a preferred choice on dining tables worldwide.

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