All the main markets of this pangasius export enterprise recorded a good recovery. In particular, revenue in the Chinese, US, and European markets increased by 259%, 59%, and 33%, respectively, compared to January 2023. Revenue in the domestic market also increased by 137%.
Regarding products, the pangasius segment contributed nearly half of total revenue with 448 billion VND, an increase of 64% over the same period. The by-product segments, other products, and shrimp chips also grew strongly, at 226%, 142%, and 78%, respectively.
Sale of the the healthcare segment was at VND 74 billion, up 239% over the same period last year.
According to the Association of Seafood Exporters and Producers (VASEP), it is forecast that Vietnam's seafood exports will recover and increase sharply in the second half of the year. With adaptation and adjustment to the market context, seafood businesses are predicted to help the industry's export sales recover to 9.5–10 billion USD in 2024. In particular, the shrimp sector aims to reach 4 billion USD, pangasius reach about 1.9 billion USD, and the remaining seafood products are expected to earn about 3.6–3.8 billion USD.
According to assessments by some financial organizations, global pangasius demand is forecast to recover on a large scale in the second half of this year. Meanwhile, the supply of pangasius in Vietnam is expected to fall into a shortage.
These factors are expected to help pangasius export prices recover positively soon after a sharp decline in 2023. Thereby, it boosts the business results of pangasius export enterprises such as Vinh Hoan.
However, current tensions in the Red Sea are causing difficulties in transporting export goods in general and seafood products in particular because of increased shipping costs. Rising selling prices for consumers will greatly affect their purchasing decisions.
(seafood.vasep.com.vn) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
By the end of Q3/2025, Vietnam’s seafood industry recorded a clear recovery as a series of leading companies reported strong profits — some even achieving the highest results in their history. After several quarters struggling with high costs and weakened demand, the latest business results indicate a robust comeback across the industry.
(seafood.vasep.com.vn) On November 12 in Ho Chi Minh City, the Embassy of the Netherlands, in coordination with the Ministry of Agriculture and Environment, organized the Vietnam–Netherlands Business Forum under the theme “Shaping the future of sustainable aquaculture in the Mekong Delta.”
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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