Last year, due to the impact of the economic crisis, the demand for seafood in general, and surimi in particular, decreased. This affected Vietnam's surimi exports. With a predicted world economic recovery, exports of this product group will increase again. According to experts, surimi production and export will thrive thanks to its popularity as a cost-effective seafood ingredient, particularly in Asian cuisine. In addition, consumers favor surimi’s high nutritional value and suitable shelf life.
Vietnam currently has more than 100 enterprises engaged in exporting fish paste and surimi, with DALU SURIMI, CASES and KICOIMEX stand out in the top 3.
Vietnam's surimi products are exported to more than 40 countries around the world. Although in 2023, surimi enterprises made efforts to expand to smaller markets, it was still not enough to offset the decline in main export markets. The top 6 largest import markets of Vietnam’s fish paste and surimi include Korea, Thailand, Japan, China and Hongkong, Malaysia and the US, accounting for nearly 83% of total export turnover.
According to businesses and localities, the biggest problem of the surimi and fishmeal processing industry today is the fish preservation process, wastewater treatment and skilled labor supply. If solved, the surimi and fishmeal industry will soon enter the billion-dollar club in the near future.
With the aim of cooperating, supporting each other to improve the value and quality of Vietnam’s surimi and fishmeal products, cooperating closely for mutual benefit in the implementation of issues related to raw materials, quality, environmental responsibility, social responsibility, markets, barriers and policies, on 22 December 2023 Vietnam Association of Seafood Exporters and Producers (VASEP) organized the “Surimi and Fishmeal Industry Conference - Establishment of the VASEP Surimi and Fishmeal Business Club”.
More information about the Surimi & Fishmeal Business Club can be found here
(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.
(seafood.vasep.com.vn) Vietnam's seafood sector is making impressive strides as it nears the end of the year. Aquaculture has maintained steady growth, while fishing activities have recovered thanks to favorable weather conditions.
(seafood.vasep.com.vn) To ensure sustainable shrimp farming and environmental protection, Soc Trang Province emphasizes raising awareness and improving the capacity of shrimp farmers through various forms of communication and by developing and replicating effective models.
(seafood.vasep.com.vn) To achieve the goal of making the province a national hub for high-quality shrimp post-larvae production and producing 50 billion shrimp post-larvae by 2025, Ninh Thuan has focused on implementing a comprehensive set of measures.
(seafood.vasep.com.vn) The seafood processing company Kyokuyo has just opened a seafood processing plant in Vietnam to reduce its reliance on China. In Japan, Kyokuyo ranks as the third-largest seafood producer, following Maruha Nichiro and Nissui.
(seafood.vasep.com.vn) Vietnam's total fishery production in the first 10 months of 2024 is estimated at 7,889.8 thousand tons, a 2.5% increase compared to the same period last year. Aquaculture contributed approximately 4,612.5 thousand tons, while capture fisheries accounted for 3,277.3 thousand tons.
(seafood.vasep.com.vn) Ms. To Thi Tuong Lan, Deputy Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP), forecasts that pangasius export turnover could reach the target of USD2 billion in 2024. However, the industry will still face numerous challenges in the coming year.
(seafood.vasep.com.vn) Vinh Hoan Corporation has recently announced its business results for October, reporting over VND 1,200 billion in revenue, a 60% increase compared to the same period last year.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam's tuna exports in October reached nearly $93 million, marking a 22% increase compared to the same period in 2023. In the first ten months of 2024, the total export value exceeded $821 million, up 18% compared to the same period last year.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
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