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.
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.
(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.
(seafood.vasep.com.vn) In November 2024, Vietnam's tuna exports failed to maintain the rapid growth momentum seen earlier. Export value during the month increased by nearly 4% year-on-year, reaching approximately USD 82 million. Cumulatively, the export value for the first 11 months of 2024 totaled USD 903 million, a 17% increase compared to the same period in 2023. However, at this growth rate, the total export turnover for 2024 is estimated to only reach around USD 1 billion.
(seafood.vasep.com.vn) On the evening of December 24, 2024, in Hanoi, the Central Youth Union, Viet nam Youth Federation and the Vietnam Young Entrepreneurs Association held the Vietnam Golden Star Award Ceremony 2024, with the theme "Reaching Vietnam", honoring 200 outstanding enterprises. Deputy Prime Minister Nguyen Hoa Binh attended.
(seafood.vasep.com.vn) In the first ten months of 2024, 448 Vietnamese companies were involved in exporting pangasius to international markets. Vinh Hoan remains the top exporter, holding a 14% share of Vietnam's total pangasius export value.
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