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.
(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.
(seafood.vasep.com.vn) In the final quarter of 2024, Vietnam’s surimi and fish cake exports showed consistent growth over the last three months. For the entire year 2024, exports of these products reached USD 298 million, down 2% compared to 2023. However, the final quarter saw more promising signs for the surimi and fish cake export sector, with some markets experiencing notable growth, such as Thailand, China, and Taiwan. Particularly, exports to Taiwan, which had seen continuous declines in the previous two quarters, surged by 301% in this quarter.
(seafood.vasep.com.vn) Another year of pride for Vietnam's pangasius exports has concluded, reaching over USD 2 billion and contributing 20% to Vietnam's total seafood export turnover.
Vietnam maintained its position as the fifth-largest seafood exporter to Singapore for 12 consecutive months, surpassing Japan for the first time in 2024, amid the intensifying competition in this market.
(seafood.vasep.com.vn) Despite facing numerous challenges in the second half of the year, Vietnam's canned tuna exports concluded 2024 with a 17% increase compared to 2023, reaching USD 299 million. To maintain this growth momentum in 2025, the canned tuna production and export sector requires coordinated efforts from all stakeholders.
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.
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