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
According to Vietnam Customs, the export of value-added pangasius in the first eight months of 2024 has been evaluated as quite positive, with continuous growth in many major markets such as the United States, CPTPP, and the Netherlands...
(seafood.vasep.com.vn) The Department of Fisheries of Ca Mau province coordinated with the School of Fisheries under Can Tho University to organize training courses on high-tech shrimp farming for 120 people in processors, cooperatives and families that are raising intensive and super-intensive shrimp in the province.
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(seafood.vasep.com.vn) In July 2024, Vietnam's fish cake and surimi exports declined. The export value reached just over 24 million USD, down 3% over the same period. In the first 7 months of 2024, the cumulative export of this product group reached 152 million USD, down 13%.
(seafood.vasep.com.vn) Dong Thap is a key region for pangasius farming, boasting the largest production in the Mekong Delta. In the first seven months of 2024, the estimated aquaculture area reached 4,778 hectares, with a harvest yield of 307,336 tons. Of this, the intensive pangasius farming area covered 2,042 hectares, with a harvest of 252,670 tons.
(seafood.vasep.com.vn) According to Vietnam Customs, in the first half of August 2024, Vietnam's pangasius exports to the EU reached nearly 8 million USD, up 57% over the same period. Cumulative pangasius exports to this market as of August 15, 2024, reached 107 million USD, up 0.5% over the same period last year.
(seafood.vasep.com.vn) The Board of Directors of International Development & Investment Corporation (IDI) is confident of completing this year's profit plan in the context of gradually recovering demand for pangasius in China and Mexico.
(seafood.vasep.com.vn) Some farmers in Soc Trang province have successfully applied a balanced biological shrimp farming technique, which eliminates the use of chemicals to minimize environmental impacts. This is a model of farming that adapts to climate change.
8 finalists have been named in the best new seafood product competition to be awarded at Seafood Expo Asia, taking place 4 to 6 September at the Sands Expo and Convention Centre in Singapore.
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