Zhejiang Ocean Family, which reported revenues of CNY 2.65 billion ($384.5m) in 2016, last week played host to Truong Thi Le Khanh, chairperson of Vinh Hoan, Vietnam’s largest pangasius producer. The two sides discussed the pangasius market, import and exports, their companies’ strengths and pangasius products, said Ocean Family on its website. The firm also added that the two companies “wholly look forward to cooperating in formal pangasius business and trade”.
Vinh Hoan’s visit to Ocean Family follows on the heels of a visit by Japan’s Mitsubishi corporation. General manager Zeng Yuexiang inspected Ocean Family’s “super freezer” tuna processing plant in the free-trade port area of Beilun, Zhejiang Province, east China, according to Ocean Family. Ocean Family has 100,000t of annual tuna processing capacity between its Beilun plant and a canned tuna and freeze-dried food processing facility in Xikou, also in Zhejiang. Ocean Family also appears to collaborate with other international partners, including Pescanova, importing Argentine cold shrimp into China, and Cermaq, importing salmon.
Ocean Family is a large fishing company in its own right. Its fleet consists of 18 super freezer long-line tuna fishing vessels; 4 large-scale tuna purse seiner vessels; and 9 squid fishing vessels, according to its website. Its annual catching of tuna and squids ranges from 40,000t to 50,000t. Last year Ocean Family generated $205 million in foreign exchange through exports, it said. Zhejiang Ocean Family is majority-owned by Chinese auto parts maker and manufacturing conglomerate Wanxiang Group, which is referred to as a “dragon enterprise”.
Source: Undercurrentnews
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(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
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(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
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